ACEN partner firm secures funding for Jinbi Solar Project

Title Shining a Light ACEN Partner Firm Secures Funding for Jinbi So
Solar Project

As the world transitions to a more sustainable future, renewable energy pro
projects like the Jinbi Solar Project are gaining significance. And now, wi
with financial close secured, this project is poised to make a substantial 
impact in Australia's Pilbara region.

The news comes courtesy of ACEN Corp., which announced that its partner com
company, Yindjibarndi Energy Corp. (YEC), has reached financial close on th
the Jinbi Solar Project. This milestone marks a major achievement for YEC a
and its shareholders, the Yindjibarndi Traditional Owners and ACEN Corp.

A Beacon of Sustainability

The Jinbi Solar Project is a paragon of sustainability, providing clean ene
energy while demonstrating a commitment to responsible development. As Crai
Craig Ricato, CEO of YEC, noted, This project confirms that a Yindjibarndi
Yindjibarndi-led project, grounded in country and culture, can meet the rig
rigorous commercial requirements of the energy market while staying true to
to our values and governance responsibilities.

A Benchmark for Responsible Development

ACEN Group Chief Investment Officer Patrice Clausse echoed this sentiment, 
stating, The Jinbi Solar Project demonstrates what is possible when Tradit
Traditional Owner leadership, long-term vision, and disciplined project dev
development come together. ACEN is proud to partner with Yindjibarndi on a 
project that meets rigorous commercial standards while setting a strong ben
benchmark for responsible and respectful renewable energy development in Au
Australia.

A Power Purchase Agreement of Note

As part of the project, ACEN has signed a 30-year power purchase agreement 
with Australian mining company Rio Tinto. This deal will see YEC supply 100
100% of the electricity generated by the first stage of the project to Rio 
Tinto once it becomes operational.

Construction and Operations

Stage 1 of the project will comprise a 75 megawatt-alternating current (MWa
(MWac) solar facility, with an option to expand the capacity up to 150 MWac
MWac. Construction is set to begin in accordance with the approved schedule
schedule, with full commercial operations expected in mid-2028.

A Bright Future Ahead

As we look to the future, it's clear that projects like Jinbi Solar are cru
crucial to our transition towards a more sustainable world. With financial 
close secured and construction underway, this project is set to make a sign
significant impact in Australia's Pilbara region. And as we move forward, i
it's essential that we prioritize projects like this one, which demonstrate
demonstrate a commitment to responsible development and sustainability.

Conclusion

In conclusion, the Jinbi Solar Project is an exciting development for the r
renewable energy sector. As we look to the future, it's clear that projects
projects like this one will play a critical role in our transition towards 
a more sustainable world. With financial close secured and construction und
underway, this project is set to make a significant impact in Australia's P
Pilbara region.

Keywords Jinbi Solar Project, renewable energy, sustainability, ACEN C
Corp., Yindjibarndi Energy Corp., power purchase agreement, solar facility,
facility, battery energy storage systems (BESS), Rio Tinto, Pilbara region.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.