Brightnight and Cordelio form dispatchable power joint venture

Facebook
Twitter
LinkedIn
Reddit
Email
The joint venture could use Cordelio's wind power expertise for future projects. Image: Cordelio.

Californian renewable tech developer BrightNight and Canadian clean energy group Cordelio have formed a joint venture that will see the latter expand its US business with the help of the former’s planned projects.

The JV will combine BrightNight’s manufacturing with Cordelio’s financial scale to develop dispatchable and tailored renewable energy products such as storage capacity to utilities, cooperatives, and corporate clients, according to a statement from both businesses.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

As part of the agreement, Cordelio, which is owned by the Canada Pension Plan Investment Board, has acquired 10 projects that are under development in the western US for an undisclosed sum. The projects, according to BrightNight, have an estimated capacity of 2,000MW. The joint venture aims to raise this capacity to 3,000MW.

Storage has become an increasingly crucial piece of the puzzle as the US has brought more renewable energy onto the grid. Kelly Speakes-Backman, the chief executive of the Energy Storage Association in the US, told ESN that next year in particular will be “very important” for the renewables sector as Joe Biden assumes his role as President from January. She expects to see at least 3.6GW of storage to be installed next year, with 100GW to be installed by 2030.

John Carson, Cordelio’s chief executive, said that BrightNight brings “proven success in the solar and storage space” to the new business venture, which will enable both companies to “lead the industry's energy transition to more clean power” by integrating storage.

In addition to benefitting from Cordelio’s funding, BrightNight could use Cordelio’s experience with wind power production to develop future technology projects that will also have financial backing from the Canadian company.

Paul Caudill, BrightNight's chairman, said the JV is poised to deliver “superior value” to its customers.

“BrightNight has built a unique capability to provide innovative, firm, load-following renewable products, like structured shapes or full requirements energy and at industry-leading prices,” said CEO Martin Hermann.

“We look forward [to] working with Cordelio's strong platform to build a large joint portfolio.”

Before founding BrightNight, Hermann launched solar-storage company 8minutenergy, which is now among the largest independent developers of solar photovoltaics in the US.

Read Next

June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
The Spanish government has launched a €100 million (US$117 million) aid programme to help promote the recycling and reuse of materials from renewable energy projects.
June 27, 2025
The UK government has decided it will not sign a Contract for Difference (CfD) with Xlinks for the 11.5GW Morroco-UK interconnector project.
June 27, 2025
Japanese power company Jera has formed a joint venture (JV), MUJI Energy, with Japanese retailer Ryohin Keikaku to develop solar PV projects.
June 25, 2025
JinkoSolar has submitted a 133.76MWc solar-plus-storage project in New South Wales to the federal government under the EPBC Act.
June 25, 2025
The Spanish government has approved a series of measures aimed at reinforcing the electrical system and strengthening the supervision of operators.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico