http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.69Change: -0.05
R/$ = 12.32Change: -0.01
Au 1168.78 $/ozChange: -0.02
Pt 1083.00 $/ozChange: 1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 07, 2012

Nersa approves 28 renewables licences as financial close deadline nears

Back
Engineering|Africa|Eskom|Projects|Renewable Energy|Renewable-Energy|Africa|South Africa|Energy|Power Generation|Power-generation|Dipuo Peters|Power|Eastern Cape|Limpopo|Northern Cape|Western Cape
Engineering|Africa|Eskom|Projects|Renewable Energy|Renewable-Energy|Africa||Energy|Power Generation|Power-generation|Power|
engineering|africa-company|eskom|projects|renewable-energy|renewable-energy-company|africa|south-africa|energy|power-generation|power-generation-industry-term|dipuo-peters|power|eastern-cape-province-or-state|limpopo|northern-cape-province-or-state|western-cape-province-or-state
© Reuse this



The National Energy Regulator of South Africa (Nersa) confirmed on Thursday that it had approved power generation licences for all of the 28 projects named as preferred bidders in December, following the first bid window under South Africa’s Renewable Energy Independent Power Producer Programme (REIPPP).

The licences are a key condition to enable bidders to reach financial closure by the June 19 deadline set under the REIPPP. But besides securing a licence, developers also need to conclude power purchase and connection agreements with Eskom, as well as implementation agreements with the Department of Energy.

Through the REIPPP, government is seeking to procure 3 725 MW of capacity, to be introduced into South Africa’s power generation mix between 2014 and 2016.

On December 7, Energy Minister Dipuo Peters named 18 solar photovoltaic projects, representing 631.53 MW of capacity, two concentrated solar power projects, with a combined capacity of 150 MW, and eight onshore wind developments, representing 633.9 MW, as preferred bidders.

In all, the projects represented a potential capacity of 1 415.52 MW, leaving 2 309.48 MW still to be allocated, 100 MW of which had been set aside for small-scale projects of less than 5 MW.

Subsequently, 19 additional projects, collectively representing 1 043.9 MW, were also named as preferred bidders by Peters in May, following the second-bid-window evaluation, which took place between March 5 and May 21.

The 47 preferred bids, which represented some 2 459.4 MW of renewables capacity, were expected to collectively invest some R70-billion to develop their projects.

However, Peters recently expressed concern that not all of the window-one projects would be in a position to meet the mid-June financial-closure deadline.

The licensing process for the first 28 projects was completed in April, which Nersa said was a month earlier than had been targeted.

The process included a series of public hearings, which were conducted in the Western Cape, Eastern Cape, Northern Cape and Limpopo provinces between March 1 and March 8.

“All 28 applications met the required criteria, which include technical, financial, economic, regulatory and legal requirements,” Nersa said.

The regulator told Engineering News Online that it had not yet received licence applications from the second-bid-window preferred bidders. But public hearings would be scheduled once these applications had been received.
 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Infrastructure News
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
Cables manufacturer Aberdare Cables completed a supply contract in March for the delivery of 16 mm2 four-core FR Armoured, 25 mm2 four-core FR Armoured and 25 mm2 three-core Armadac cables to a road infrastructure project, in KwaZulu-Natal. The cables all employ...
Dutch construction services firm Heijmans announced in June that it will collaborate with Dutch start-up MX3D on the three-dimensional (3D) printing of a steel bridge, to be located in the centre of Amsterdam. The bridge will be designed by Dutch designer Joris...
More
 
 
Latest News
An end to wage negotiations within the local government sector could be in sight as a conciliator’s proposal, setting out a number of settlement suggestions to resolve the deadlock, was expected on Monday. The Independent Municipal and Allied Trade Union (Imatu)...
Development financier Eastern Cape Development Corporation (ECDC) executive Noludwe Ncokazi on Friday said the organisation had the “huge responsibility of ensuring business continuity”, following the resignation of ECDC subsidiary Automotive Industry Development...
South Africa’s second-largest oil refinery, Engen Refinery (Enref), is set to undergo a three-day planned maintenance outage from July 9 as part of an ongoing maintenance programme to ensure that the facility, which delivers a significant portion of South Africa’s...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96