Massive 750-MW Solar-Storage Project Secures Land Use Deal
- Yindjibarndi Energy Corporation's 750-MW solar-storage project in Pilbara sets new standards for sustainable energy development in partnership with traditional owners and industry leaders.
A land use deal has been registered for a 750-MW solar-storage project in Western Australia's Pilbara region. The project, developed by Yindjibarndi Energy Corporation (YEC), a partnership between Ayala’s ACEN Corp and Yindjibarndi Aboriginal Corporation, aims to add 750 MW of solar and energy storage capacity in its first stage, with a potential expansion to 3 GW in the future. Traditional owners, represented by YAC, will hold at least 25% of the projects undertaken by YEC, with a possibility of up to 50% stake in projects developed through the ACEN partnership.
The selected site for the project is deemed "socially, culturally and environmentally appropriate," with a final investment decision on the first stage expected by late 2024. The entire development will be staged over the next several years, with traditional owners having a say in site selection and heritage protection agreements. Additionally, YEC has partnered with Rio Tinto to explore renewable energy opportunities, including the possibility of a solar facility to provide energy to the mining giant.
What are the details of the 750-MW solar-storage project in Western Australia's Pilbara region?
- The 750-MW solar-storage project in Western Australia's Pilbara region is being developed by Yindjibarndi Energy Corporation (YEC), a partnership between Ayala’s ACEN Corp and Yindjibarndi Aboriginal Corporation.
- The project aims to add 750 MW of solar and energy storage capacity in its first stage, with a potential expansion to 3 GW in the future.
- Traditional owners, represented by Yindjibarndi Aboriginal Corporation (YAC), will hold at least 25% of the projects undertaken by YEC, with a possibility of up to 50% stake in projects developed through the ACEN partnership.
- The selected site for the project is considered "socially, culturally and environmentally appropriate," with a final investment decision on the first stage expected by late 2024.
- The entire development will be staged over the next several years, with traditional owners having a say in site selection and heritage protection agreements.
- YEC has also partnered with Rio Tinto to explore renewable energy opportunities, including the possibility of a solar facility to provide energy to the mining giant.