Radebe ends years of IPP uncertainty, unlocks R56bn in renewables investment

Energy Minister Jeff Radebe moved decisively on Thursday to end the confidence-sapping uncertainty that has hung over South Africa’s independent power producer (IPP) programmes for more than two years, announcing that project agreements for 27 stalled renewable-energy projects would be signed on March 13. The solar and wind projects, valued at R56-billion, were procured in 2015 under bid windows 3.5 and 4 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme …