Yanara
Yanara is an Asia Pacific utility-scale renewable energy Independent Power Producer developing, building, and operating multi-gigawatt hybrid solar-wind-battery storage projects to deliver Firm and Dispatchable Renewable Energy under long-term PPAs to government utilities across India, Australia, and the Philippines.
- Company typePrivate
- Founded2019
- HeadquartersAmsterdam, Netherlands
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Yanara does
Yanara is an Asia Pacific-focused renewable energy Independent Power Producer (IPP) that develops, builds, and operates utility-scale hybrid power plants combining solar, wind, and battery energy storage systems (BESS) to deliver Firm and Dispatchable Renewable Energy (FDRE). The company, headquartered in Amsterdam as Yanara APAC BV and operating across India, Australia, the Philippines, and Singapore, traces its origins to a 2019 BrightNight APAC launch and completed a corporate spin-off and rebrand as Yanara in August 2025. Its portfolio spans 5.1+ GW across 17+ named projects including the partially commissioned Project Holi in Maharashtra (115 MW), Mortlake Energy Hub in Victoria (450 MW solar + 600 MW/2400 MWh BESS), and Sual Solar Project in the Philippines (49.5 MWac), with 110 MW advancing toward full operations and 1.3+ GW in late-stage development.
Yanara's core technology proposition is the integration of multi-technology hybrid assets with what it describes as an "AI-native cognitive enterprise" platform for data-driven power optimization, generation forecasting, and dispatch decisions across its solar-wind-storage portfolio. The company sells electricity exclusively to government and utility offtakers under long-term (typically 20-year) power purchase agreements, secured through direct negotiation with major utilities such as India's NTPC and NHPC, and through competitive government auctions such as the Philippines' Green Energy Auction (GEA-4). Project execution is delivered through strategic partnerships with tier-1 contractors including Gamuda Berhad (Australia) and Suzlon Group (India).
The business model centers on long-duration recurring revenue streams from PPAs with creditworthy government and utility counterparties, supported by $550M+ of capital committed by strategic partner ACEN (the listed renewable energy arm of Ayala Group) across India ($250M, 2023) and the Philippines ($300M, 2024). The go-to-market motion is enterprise field sales targeting utility-scale renewable energy procurement, supplemented by participation in government renewable auctions and bilateral government engagement (including a Philippine Presidential visit to India highlighting the ACEN-Yanara partnership). Yanara is majority-owned by founder and Chairman Martin Hermann, with CEO Jerome Ortiz leading overall operations and country-level CEOs (India: Naveen Khandelwal; Australia: David Delmas appointed April 2026; Philippines Country Manager: Ronald Abad).
Yanara firmographics
Firmographics- Name
- Yanara
- Legal name
- Yanara APAC BV
- Website
- https://yanarapower.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Yanara is an Asia Pacific utility-scale renewable energy Independent Power Producer developing, building, and operating multi-gigawatt hybrid solar-wind-battery storage projects to deliver Firm and Dispatchable Renewable Energy under long-term PPAs to government utilities across India, Australia, and the Philippines.
- Ownership category
- akta.pro rank
Yanara industry classification
Industry- Product category
- Utility-Scale Renewable Energy Generation
- NAICS
- Electric Power Generation (22111), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH)
- akta.pro secondary industries
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Hybrid Renewable Systems & Co-Optimization R&D (Solar+Wind+Storage, Multi-Resource Plants, Controls) (EUAMAOAI)
Keywords
Where Yanara is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices5 records
Markets served
Yanara business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Power Purchase Agreements (PPAs): Long-term power purchase agreements with utilities (NTPC, NHPC) and government entities for sale of electricity generated from utility-scale hybrid renewable projects. Revenue is generated through electricity sales over contract terms typically spanning 20+ years.
- Capital Investment from Strategic Partners: ACEN has provided capital to Yanara for developing, constructing, and operating large-scale renewable projects in India and Philippines. Yanara raised $250M for India operations and $300M for Philippines.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Utility-scale PPA pricing negotiated directly with utilities |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Yanara product offering
Product offeringCore offering
Yanara develops, builds, and operates utility-scale hybrid renewable energy projects that combine solar, wind, and battery energy storage systems (BESS) to deliver Firm and Dispatchable Renewable Energy (FDRE) across India, Australia, and the Philippines. The company sells electricity generated from these multi-gigawatt hybrid projects to utilities and government entities under long-term power purchase agreements (PPAs), using an AI-native optimization platform to maximize dispatchable output and reliability.
Product overview
Yanara is a multi-technology renewable energy Independent Power Producer (IPP) operating across the Asia Pacific region. The company develops, builds, and operates utility-scale hybrid renewable projects integrating solar, wind, and battery energy storage systems. Yanara's portfolio consists of multiple named projects across India, Australia, and the Philippines, totaling 5.1+ GW. The company's core offering is Firm and Dispatchable Renewable Energy (FDRE) — hybrid projects that combine multiple renewable technologies with energy storage to provide reliable, grid-scale power under long-term PPAs. Key projects include operational assets like Project Holi in India, under-development projects like Mortlake Energy Hub in Australia (450 MW solar + 2400 MWh BESS), and the Sual Solar Project in the Philippines. Yanara positions itself as an 'AI-native cognitive enterprise' using data-driven optimization to maximize value from its hybrid renewable portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Firm and Dispatchable Renewable Energy (FDRE) Yanara's core offering providing utility-scale hybrid renewable power that combines solar, wind, and battery storage to deliver round-the-clock, dispatchable clean energy to utilities, government offtakers, and industrial customers under long-term power purchase agreements.
- Project Holi
Quantifiable outcome
- 5.1+ GW hybrid renewable portfolio across 3 APAC markets
- +3 more outcomes
Companies that use Yanara
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Yanara technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature3 records
Yanara partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Suzlon GroupcoreSuzlon Group is providing wind turbine supply and installation services for Yanara's FDRE projects in Rajasthan, India. Suzlon will supply 102 S144 wind turbine generators (3 MW each) with hybrid lattice towers for two projects totaling 306 MW in Barmer district. The partnership includes Yanara's 115 MW co-located solar-wind hybrid project in Maharashtra. Suzlon holds 44% market share in Rajasthan's wind sector with 2.3 GW installed capacity.
- GamudaflagshipGamuda Berhad has been appointed as project delivery partner for Yanara's Mortlake Energy Hub in Victoria, Australia. Gamuda will lead project design through completion, secure council approvals, and drive procurement for the 450 MW solar + 600 MW/2400 MWh BESS hybrid project. The partnership is one of Victoria's most significant clean energy investments, powering approximately 200,000 homes annually. Gamuda brings global infrastructure expertise across 9 countries and manages a 2GW renewable portfolio.
- Renovable Earth Corp.coreRenovable Earth Corp. is a subsidiary jointly owned by ACEN and Yanara that implements community development projects. The company carried out implementation of infrastructure improvements (deep wells, access roads, solar streetlights) in Sual's Barangay Capantolan in support of the Sual Solar Plant development, working with the local Barangay Council for community benefit initiatives.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Yanara competitors and assessment
Company assessmentDirect peers
- ACEN (Ayala Corporation): Listed Philippine renewable energy platform and Yanara's largest strategic investor. Directly comparable as an APAC hybrid IPP and co-developer of Yanara's Philippines projects.
- Vena Energy: Asia Pacific-headquartered renewable IPP developing utility-scale solar, wind, and storage projects across India, Australia, and Southeast Asia — overlapping Yanara's hybrid IPP positioning.
- Greenko Group: India's largest hybrid renewable IPP with significant pumped storage and BESS assets. Closest comparable on multi-technology hybrid + storage dispatchable model.
- ReNew Energy Global: Listed India-focused renewable IPP with hybrid solar, wind, and storage projects. Direct peer given overlapping FDRE auction participation and utility PPA-based business model.
- BrightNight: US-headquartered hybrid renewable IPP from which Yanara spun off in 2025. Operates the same hybrid solar+wind+BESS model and remains a peer on technology and project development approach.
- Hero Future Energies: India-focused hybrid renewable IPP with solar, wind, and storage projects led by former talent now at Yanara (e.g., Naveen Khandelwal). Direct comparator on FDRE pipeline and project structure.
Broad incumbents
- Sembcorp Industries: Singapore-listed energy and urban development group with a sizeable India renewables platform (Sembcorp Green Infra). Overlaps on India hybrid development and brings incumbent scale and balance-sheet capacity.
- Adani Green Energy: India's largest listed renewable IPP with multi-GW solar, wind, and hybrid pipeline. Competes head-to-head in FDRE tenders and has substantially greater balance-sheet scale.
- Engie / TotalEnergies Renewables: Global utilities with significant APAC renewable footprints (TotalEnergies' prior Australia team led by Yanara's new Australia CEO). Compete in hybrid utility-scale tenders across India, Australia, and Philippines.
Regional players
- Aboitiz Power: Philippines' largest private power producer and a major renewable developer. Competes in the same Philippine auctions and is a natural buyer/seller of Philippine renewable assets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Yanara social profiles
Digital presenceYanara financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yanara leadership team
Management profileNumber of profiles
Profiles10 records
Yanara subsidiaries and ownership
Company hierarchySubsidiaries1 record
Yanara funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yanara M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yanara
What does Yanara do?
Yanara develops, builds, and operates utility-scale hybrid renewable energy projects that combine solar, wind, and battery energy storage systems (BESS) to deliver Firm and Dispatchable Renewable Energy (FDRE) across India, Australia, and the Philippines. The company sells electricity generated from these multi-gigawatt hybrid projects to utilities and government entities under long-term power purchase agreements (PPAs), using an AI-native optimization platform to maximize dispatchable output and reliability.
Is Yanara a public or private company?
Yanara is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Yanara founded?
Yanara was founded in 2019. It employs 101 to 250 people.
Where is Yanara based?
Yanara is headquartered in Amsterdam, Netherlands, in the Europe region.
How does Yanara make money?
Two revenue lines are on record. Power Purchase Agreements (PPAs) is the primary driver. The others are capital Investment from Strategic Partners.
Who are Yanara's main competitors?
Direct peers on record are ACEN (Ayala Corporation), Vena Energy, Greenko Group, ReNew Energy Global, BrightNight and Hero Future Energies. Broad incumbents are Sembcorp Industries, Adani Green Energy and Engie / TotalEnergies Renewables. Aboitiz Power is listed as a regional player.
Does Yanara have an API?
No public API is recorded for Yanara.
What industry is Yanara in?
Yanara's product category is Utility-Scale Renewable Energy Generation. Its primary akta.pro industry code is EUACAFAH, Hybrid Wind Power Plants (Wind+Solar+Storage Co-located), with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 22111 and its SIC code is 4900.