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 sector must halve generation costs to around AU$25-30/MWh (US$18-22/MWh) to unlock a pipeline of projects capable of delivering the 10GW of annual capacity additions needed for decarbonisation, according to the Australian Renewable Energy Agency (ARENA).
Australia’s New South Wales government has introduced legislation to accelerate the delivery of renewable energy infrastructure as the state's coal-fired power stations prepare to exit the system.
Australia's surging solar adoption has driven battery energy storage systems (BESS) in the National Electricity Market (NEM) to more than triple their daytime-to-evening energy shifting in the first quarter of 2026, according to AEMO's latest Quarterly Energy Dynamics report.