Cordelio Power snaps up 900MW eastern US solar pipeline

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

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

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
July 25, 2025
At the SNEC expo, Carrie Xiao took the temperature of the industry as it seeks a way out of cutthroat competition and squeezed margins.
July 25, 2025
The US state of New York expects to install 35GW of solar PV and 9.4GW of battery energy storage system (BESS) by 2040.
July 25, 2025
Nautilus Solar Energy has entered a US$275 million tax equity partnership with Greenprint Capital to expand its US community solar portfolio.
July 24, 2025
Spanish independent power producer (IPP) Sonnedix has raised €2 billion (US$2.35 billion) through two refinancing transactions in Europe.
July 24, 2025
Spanish energy utility giant Iberdrola has recorded over €3.5 billion in net profits in the first half of 2025 as it continues to expand investments in grid networks and high-value markets.
July 23, 2025
Utility giant Engie North America has acquired a portfolio of multiple solar projects from solar energy developer Prospect14.

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 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK