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

July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
July 4, 2025
Australian retailer AGL Energy has confirmed its acquisition of South Australia’s Virtual Power Plant (SAVPP) from Tesla.
Premium
July 3, 2025
Meeting the UK’s solar targets will not simply require the installation of new capacity, but investment in grid infrastructure and training.
July 3, 2025
Malaysian engineering and infrastructure giant Gamuda has expanded its presence in the Australian renewables sector by partnering with Tasmanian landowners to build a 1.2GW portfolio, which includes solar PV.
July 2, 2025
The US Senate has narrowly passed – with a 51-50 vote and with vice-president JD Vance breaking the tie – the reconciliation bill yesterday (1 July) without the solar and wind excise tax.
July 1, 2025
Independent power producer (IPP) Arevon Energy has closed a US$600 million credit facility to support its solar PV and energy storage portfolio in the US.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK