Yindjibarndi Energy Corporation (YEC) has reached financial close on the 150MW Jinbi solar PV power plant in Western Australia's Pilbara region and signed a 30-year power purchase agreement (PPA) with mining giant Rio Tinto.
Solar PV installations have reached a record 14.4GW in the first quarter of 2026, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).