ACEN to build 3GW renewable projects plus storage in Australia

Facebook
Twitter
LinkedIn
Reddit
Email
ACEN philippines project
The projects will be developed by Yindjibarndi Energy Corporation. Credit: ACEN

Filipino energy platform ACEN Corporation has partnered with Yindjibarndi Aboriginal Corporation to develop up to 3GW of renewable projects with battery energy storage systems (BESS) in Western Australia.

The projects will be developed by Yindjibarndi Energy Corporation (YEC), a partnership between Yindjibarndi Aboriginal Corporation and ACEN in Western Australia’s Pilbara region.

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

YEC’s CEO Craig Ricato said the first stage of the project will include a 750MW solar-plus-storage project, while the second stage is much larger comprising up to 3GW of solar, wind and BESS.

The partnership agreement enabled Yindjibarndi Aboriginal Corporation to hold a minimum of 25% of the equity in all developed renewable projects and up to 50% of the equity in any project.

ACEN added that the final investment decision on YEC’s first stage of the project is expected to be made in late 2024.

Prior to this, ACEN also formed a partnership with US solar developer BrightNight in March to develop a 1GWac renewables portfolio in the Philippines. The partnership will deploy more than US$1.2 billion over the next five years. In a statement, the companies said the investment from ACEN will provide BrightNight with resources to “fund its Philippines buildout and long-term growth in one of the fastest-growing markets in Asia”. Moreover, ACEN will provide a partnership network and expertise across the regional energy value chain.

PV Tech publisher Solar Media will be organising the Solar Finance & Investment Asia Summit in Singapore, 24-25 September. The event will bring together the most influential leaders representing funds, banks, developers, utilities, government and industry across the Asia-Pacific region on a programme that is solutions-focused from top to tail. More information, including how to attend, can be read here.

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
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.
June 27, 2025
Renewables investment platform Nexwell Power has signed a round of power purchase agreements (PPAs) with “one of the largest” US tech companies for solar PV capacity to be built in Spain.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
Solar developer Lightsource bp has signed a power purchase agreement (PPA) with a subsidiary of Taiwanese energy firm HD Renewable Energy (HDRE).
June 26, 2025
A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.

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