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In an effort to get power to the grid as rapidly as possible, government has announced a massive reduction in the local content requirements for Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme
Government has to balance energy supply needs with its ambitions to drive local industrialisation in the renewable energy sector.
Nedbank Group wants to almost double its lending to green energy projects in South Africa over the next two years.
The president earlier this week outlined several proposed reforms to bring an end to load shedding and expand grid capacity. But there are legal and practical implications before these steps can be rolled out.
President Cyril Ramaphosa’s new plan to address South Africa’s electricity crisis has been widely panned in the media as being ‘too little too late’ or lacking details or timeframes, but Mark Swilling, co-director of the Centre for Sustainability Transitions at Stellenbosch University,...