Rio Tinto and Yindjibarndi Energy Corporation, or YEC, have signed a memorandum of understanding, or MOU, to explore opportunities to collaborate on renewable energy projects on Yindjibarndi country in the Pilbara region of Western Australia. Rio Tinto and YEC will study and evaluate a range of opportunities including wind and solar power as well as battery energy storage systems. The initial focus is on rapidly exploring the potential development of a solar power generation facility for the supply of energy to Rio Tinto. Rio Tinto operates four gas-fired power stations in the Pilbara. About 600MW to 700MW of renewable generation is estimated to be required to displace the majority of gas use across its network. The company is currently assessing the development of approximately 300MW of solar projects. The collaboration opportunities currently being explored by Rio Tinto and YEC if progressed, would be complementary to renewable energy developments on Rio Tinto Iron Ore’s electricity grid.
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