South Africa opens another electricity bid window as it looks to leave load shedding behind

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The Department of Mineral Resources and Energy (DMRE) has opened bid window six of its Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).

The announcement comes as the government increasingly looks to renewable energy resources such as solar and wind as it plans to phase out its long-term reliance on coal. The window is expected to procure a further 2,600MW of renewable energy from Independent Power Producers , of which 1.6 GW is wind energy in line with the gazetted IRP2019.

“This also adds impetus to the sector’s push for industrialisation, which relies on rolling procurement in order for the industry to attract the necessary market investment and reduce risk,” said Niveshen Govender, chief executive of SAWEA.

 

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