IPP signing delay puts R58 billion private investment in renewables on hold

37 independent renewable energy producers have once again been left in the dark.

The independent power producers (IPP) office for renewables said on Friday the signing ceremony was postponed to allow the new energy minister, Mmamoloko Kubayi to consult further.

Prof. Harald Winkler, Director of the Energy Research Centre at UCT talks to John Maytham about the latest delay in the signing ceremony.

It is a further delay and it is over two years now...and it does raise questions about the sustainability of the renewable industry, which is one of the growth industries in the country.

Prof Harald Winkler, Director of the Energy Research Centre, UCT

There is about R58 billion of private investment to be unlocked as soon as these PPAs are signed. Further delays is not good for investment confidence.

Prof Harald Winkler, Director of the Energy Research Centre, UCT

Take a listen to more on the renewables industry:


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