Cordelio Power snaps up 900MW eastern US solar pipeline

January 20, 2022
Facebook
Twitter
LinkedIn
Reddit
Email
Cordelio Power said the deal would mark its entry to the New York solar market. Image: Cordelio Power.

Independent power producer (IPP) Cordelio Power has secured a 900MWac pipeline of solar projects in New York and Pennsylvania from project developer SunEast Renewables.

Projects making up the portfolio are mainly located in New York, Cordelio said, with more than 600MWac backed by 20-year contracts with the New York State Energy Research Authority (NYSERDA).

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Under the terms of the agreement, SunEast is to work with Cordelio on an exclusive basis to develop both the acquired projects and new renewable energy facilities throughout the US east coast.

The projects will bolster the renewables pipeline of Cordelio, which is wholly owned by Canada Pension Plan Investment Board, which stands at more than 7.5GW of wind, solar and energy storage projects across the US.

The deal marks Cordelio’s first foray into the New York solar market – tipped to be among the US’ most promising PV markets in the coming years – leading CEO John Carson to state the company is looking forward to “several years of growth” in the state.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

Premium
October 17, 2025
According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .
October 17, 2025
A group of over 20 US states are suing the Trump administration for the cancellation of the US$7 billion Solar For All Scheme.
October 16, 2025
Masdar and Turkey have entered the final stage of US$1 billion agreement to develop the 1.1GW plant in Bor, Niğde Province, central Turkey.
October 16, 2025
Jakson Green and Blueleaf Energy have reached financial close for the 840MWp Bikaner solar projects in Rajasthan, western India. 
October 15, 2025
The average price of a solar PPA signed in North America increased 4% between the second and third quarters of 2025, according to LevelTen.
October 14, 2025
Apple will support 650MW of projects as part of a major expansion of its renewable energy investments in Europe, aimed at reducing its carbon footprint.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK