Tag Archive | independent power producer programme

Delays hinder start of SA’s renewable energy programme

News of yet another possible extension emerged regarding the R100bn Renewable Energy Independent Power Producer Programme (REIPPP) tender awards being staged by the department of energy (DoE) has emerged. The initial deadline to make the final tender award announcement was originally 19 June 2012.

Only days after energy minister Dipuo Peters had indicated that the deadline had been extended by DoE to the end of July, a further announcement has come from her office that the 28 renewable-energy project developers, identified in December as preferred bidders, have again been notified that “the timing of financial closure may be delayed beyond the end of July”

Originally, immediately following president Zuma’s state of the nation address, the economic cluster’s chairperson minister Sibusiso Ndebele said the tender programme on calls for renewable projects “has lived up to expectations” and that even more tenders were expected.

The initial 28 projects selected in December as preferred bidders under the REIPPP as part of the renewable energy independent power producer (IPP) programme would facilitate R50-billion-worth of international investment, with more to come from subsequent bidding rounds, it was said at the time.

The initial projects are collectively supposed to represent1 416 MW of wind, solar photovoltaic and concentrated solar power capacity.

Posted in Electricity, Energy, Finance, economic, Fuel,oil,renewables, Public utilities, Trade & Industry, Transport0 Comments

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