http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.94Change: -0.04
R/$ = 12.63Change: 0.11
Au 1093.18 $/ozChange: 3.32
Pt 980.75 $/ozChange: -7.25
 
 
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  
 
 
Oct 09, 2012

Progress on first SA renewables projects needed to re-establish momentum – Spanish industry body

Back
Engineering|Africa|Eskom|PROJECT|Projects|Renewable Energy|Renewable-Energy|Southern Africa Renewable Energies Consortium|Africa|South Africa|Energy|Energy Project Developers|Juan Laso Rodriguez|Power|Southern Africa
Engineering|Africa|Eskom|PROJECT|Projects|Renewable Energy|Renewable-Energy||Africa||Energy||Power|
engineering|africa-company|eskom|project|projects|renewable-energy|renewable-energy-company|southern-africa-renewable-energies-consortium|africa|south-africa|energy|energy-project-developers|juan-laso-rodriguez|power|southern-africa-region
© Reuse this



Spanish renewable-energy project developers and suppliers are eagerly awaiting news regarding the finalisation of the first 28 projects that were identified as preferred bidders in December under South Africa's Renewable Energy Independent Power Producer Programme (REIPPP).

Spain and Southern Africa Renewable Energies Consortium president Juan Laso Rodriguez told Engineering News Online on the sidelines of the 'South Africa-Spain Business Meeting' on Tuesday that the delays were understandable. But it was now critical for the first projects to reach closure soon to sustain REIPPP's momentum and credibility.

The fact that the first projects did not close in June as initially scheduled was resulting in additional costs for developers and raising risks for suppliers.

However, Rodriguez stressed that the momentum could be more than rebuilt if the delays to the first two rounds led to a vastly improved and expanded third bidding round, which had been pushed back until May next year. In the second bidding round a further 19 projects were named as preferred bidders.

Re-establishing momentum, he stressed, was important to sustaining investor interest at a time when other large renewables programmes were emerging in other jurisdictions.

The Department of Energy indicated that the outstanding guarantees needed to support Eskom's balance sheet had been approved on October 5 and that the signing of power purchase and implementation agreements should proceed in late October, or early November. It also indicated the allocation to renewables projects would be increased and the procurement process extended to 2020.

Rodriguez stressed that the REIPPP was still perceived positively by Spanish companies, which believed the competitive bidding processes could increasingly emerge as the preferred procurement mechanism in other parts of the world.

The programme's localisation, black-empowerment and community development had not lowered the appetite of Spanish companies, which generally prided themselves on their ability to partner with local enterprises.

The consortium, which was supported directly by member companies and morally by the Spanish government, was also pleased with the success rate of Spanish developers and component suppliers in the first two rounds.

Rodriguez said Spanish companies were represented both as developers and suppliers and that other companies planned to participate in the upcoming third bid window.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Updated 52 minutes ago Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
Updated 1 hour 1 minute ago Telecommunications group Telkom on Friday said it had posted a 1.7% uptick in net revenue for the three months to June 30, on the back of a strong performance by mobile on data revenue and higher fixed-line subscription revenue. Mobile net revenue for the first three...
Updated 1 hour 26 minutes ago Dangote Cement revised its 2015 spending plans to $1-billion from the $700-million estimated nine months ago after it commissioned two new African plants this June, Nigeria's biggest listed company said on Friday. The company, majority owned by billionaire Aliko...
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
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
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