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Caution creeps in as renewables industry digests implications of 77c/kWh tariff cap

By:  
Creamer Media Editor
 
RENEWABLE ENERGY
South Africa’s solar photovoltaic (PV) and wind industry bodies have added a degree of caution to their initial positive reactions to an announcement by Energy Minister Mmamoloko Kubayi regarding the signing of power purchase agreements (PPAs) for 26 renewable-energy projects that have been on hold since their formal procurement in late 2015. Kubayi said the projects, which were procured during bid windows 3.5 and 4 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), would be signed by October 28. However she also announced that there would be a renegotiation of tariffs, with a cap of 77c/KWh placed on all projects, regardless of technology type.
 
 
 
 
 

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