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.
Australia's utility-scale solar PV and wind assets generated a combined 4.7TWh in April 2026, up 24% from 3.8TWh in the same month last year, according to data from Rystad Energy.
Analysis: Just as the energy crisis following Russia’s invasion of Ukraine led to a European pivot on clean energy, the US-Israel war on Iran presents another potential turning point, this time with a wider global reach.