BrightNight’s Asia Pacific (APAC) business today announced its spin off into a separate and independent entity – marking a new chapter of focused growth and deeper regional engagement. The move reinforces the APAC business’s commitment to market expansion and long-term value to customers and investors across the region.
A Strategic Shift for Accelerated Growth
With projects and teams in India, Australia, the Philippines, Singapore and the Netherlands, the APAC business will operate under the name Yanara and continue to be an APAC-focused renewable power producer, delivering firm and dispatchable power solutions to utilities, businesses, and communities.
“The launch of Yanara is a natural evolution of our journey in Asia Pacific,” said Martin Hermann, Founder of BrightNight and Yanara.
“We’ve seen significant growth across the region, and it’s the right time for a dedicated platform that can move fast, think local, and deliver tailored solutions at scale. Yanara is purpose-built to meet the region’s rising demand for clean, reliable energy, and to lead from the front as a new kind of energy company for a rapidly changing world,” he added.
With a portfolio built to bridge the gap between firm baseload power demand, Yanara will continue to develop utility-scale renewable projects that enable safe, reliable and affordable power to drive energy security and sustainability in the region.
Accelerating Asia Pacific’s Renewable Energy Transition
Leveraging its multi-tech, AI-enabled renewable power solutions, Yanara will be a “force for good” in the markets and communities it operates in where it will build, own and operate clean energy projects that will support and meet the regions’ rising electricity demand.
“Asia Pacific’s clean energy transition is accelerating, and we’re rising to meet it with bold ambition,” said Jerome Ortiz, CEO, Yanara.
“We’ve built a strong foundation, and our track record in the region is testament to our ability to continue to deliver complex, dispatchable renewable solutions that push the boundaries of what’s possible in the clean energy space in the Asia Pacific region. We will continue to move with great agility, deepen partnerships, and scale fast, driving a more sustainable, reliable energy future in the region. We are looking forward to exciting times ahead,” he noted.
Key Highlights of Yanara:
- 5 GW+ utility-scale renewable power portfolio across India, Australia, and the Philippines, with a 2030 target of multi-gigawatt operational capacity
- A differentiated platform purpose built to deliver clean, dispatchable power solutions that align with customer load needs, enabling us to stay ahead in a rapidly evolving energy landscape.
- 115 MW hybrid project partially commissioned in Maharashtra – one of the first co-located wind-solar projects in the State
- 110 MW PPA signed with NTPC for firm and dispatchable renewable energy – part of a 3 GW storage-linked renewable tender, with construction slated to begin later this year
- 360 MW solar / 300 MW BESS Mortlake Energy Hub under development in Victoria – one of Australia’s largest integrated hybrid projects
- Utility-scale solar project under development in Sual, Philippines – among the first in a traditional coal-based power hub
Management and Ownership Structure
Yanara will continue to be led by Jerome Ortiz, formerly Chief Executive Officer of BrightNight APAC, and remains majority-owned by Martin Hermann, alongside its strategic partnership with ACEN in India and the Philippines.
Martin will continue in his role as Chairman of Yanara.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.