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Renewables manufacturers call for closure of current round of REIPPP

Manufacturing companies serving the ZAR 120 billion South African renewable energy industry today called on Government to urgently finalise the financial close of the third round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Financial close has been delayed and fears are arising escalating that the viability of manufacturing facilities and the accompanying jobs and companies may be threatened if finality does not come before year end. Uncertainty about the timing of announcing the preferred bidders for Round 3.5 (for concentrated solar power only) and Round 4 has also added to discomfort.

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