http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.17Change: -0.04
R/$ = 10.52Change: -0.03
Au 1304.54 $/ozChange: 0.34
Pt 1482.50 $/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 Suppliers Directory Research Jobs Announcements 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|Energy|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|Energy|Eskom|PROJECT|Projects|Renewable Energy|Renewable-Energy||Africa||Energy||Power|
engineering|africa-company|energy-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
 
 
 
 
 
 
 
 
Other Renewable Energy News
The Ilanga II
The University of Johannesburg (UJ) will participate in the Sasol Solar Challenge 2014 with its latest solar car, the Ilanga II. Ilanga is the isiZulu word for the sun.
The Vanderbijlpark plate mill, which is to be upgraded
Steel producer ArcelorMittal South Africa (AMSA) reports that it is planning an upgrade to its plate mill at Vanderbijlpark in quarter four 2014, which will enable it to produce heavy plates of up to 11 t for South Africa’s emerging wind-tower manufacturing...
Financial close for bid window three under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has been extended from the end of July to November, Energy Minister Tina Joemat-Pettersson revealed on Monday. Delivering her...
Article contains comments
More
 
 
Latest News
President Jacob Zuma announced the composition on Wednesday of the ‘Energy Security Cabinet Sub-Committee’, which he said would oversee the development of South Africa’s future energy mix. Delivering his Budget Vote in the National Assembly, Zuma said the...
Cesa CEO Lefadi Makibinyane
Consulting Engineers South Africa (Cesa) on Wednesday stated that it welcomed government’s move to lead municipalities back to basics and to put in place institutional mechanisms to enable them to deliver core municipal services, as announced by Cooperative...
JSE-listed construction firm Group Five on Wednesday announced that it expected its fully diluted headline earnings per share (HEPS) for the year ended June 30 to be between 20% and 30% higher, at 382c to 414c, than the fully-diluted HEPS of 318c achieved during the...
More
 
 
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Bob Skinstad
Although CEO Mark McChlery and chief marketing officer Bob Skinstad likened themselves to children in a playground when taking on the task of “reengineering and repositioning” the Seartec brand, the “young, dynamic and enthusiastic guys” were like proud...
An increasing number of buyers, in both the new and used car markets, are opting for finance structures that lower their monthly repayments, says asset financing company WesBank. These include the use of large balloon payments (also known as residuals), as well as...
Tertiary education institutions can use search engine giant Google’s Chromebook to provide secure mobile end-point devices for students on which they can share documents, work collaboratively on documents and access education materials and applications being used...
Local ceiling and partition company Abbeycon has beaten global competition at the Saint-Gobain Gypsum International Trophy competition, which was held last month in Berlin, Germany.
 
 
 
 
 
 
 
 
 
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