R/€ = 15.10Change: 0.02
R/$ = 13.29Change: 0.11
Au 1154.55 $/ozChange: 10.40
Pt 977.00 $/ozChange: 24.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

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 About 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

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|
© 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)
Other Electricity News
Updated 2 hours 26 minutes ago A union’s threat of causing a “total blackout” in the greater Johannesburg area this month would be an act of sabotage, City Power said on Thursday. The South African Municipal Workers’ Union (Samwu) told the City of Johannesburg’s power utility that it would go on a...
Updated 5 hours ago Eskom on Friday warned that the risk of load shedding was high from as early as 06:00 until 22:00 after some of its units tripped on Thursday evening and on Friday morning. The power utility said this caused a shortage of generation capacity, increasing the risk of...
INVERTED CULVERTS Rocla supplied several inverted culverts for use in cooling channels at a power station in Mozambique
Precast concrete products company Rocla earlier this year supplied precast concrete inverted culverts, lids and bases to use as cooling channels to the R2.24-billion, 100 MW natural gas-fired Gigawatt power station, near Ressano Garcia, in Mozambique.
Article contains comments
Article contains comments
Latest News
Robinson Ramaite
Updated 16 minutes ago Coal mining and trading company Wescoal intends to raise R81-million equity capital to further develop its flagship Elandspruit Colliery as well as fund other growth options. To date,  JSE-listed Wescoal has self-funded growth projects from its own operational cash...
Updated 1 hour 37 minutes ago Dr Danie Cronjé will retire as Sappi chairperson at the end of February 2016. He was appointed to the board in January 2008 and took up the position of chairperson in March of that year.
Updated 2 hours 15 minutes ago Continuous product development changed the fortunes of Korean car makers Hyundai and Kia, and Indian car maker Tata Motors wants to see the same happen to its brand. Tata Motors passenger vehicles president Mayank Pareek says the group will launch two new models a...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
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.
This Week's Magazine
Updated 28 minutes ago In their private capacity, most individuals are well aware of the benefits and game-changing nature of mobile phones and tablets, as well as the associated application software (apps) available for these devices. The manner in which individuals interact and network...
BUSINESS LEADERS PANEL Adam Craker, Ivor Chipkin, Alan Hosking and Allon Raiz at the 6th IQ Business Active Growth conference
At the sixth IQ Business conference held in Sandton last month, a panel of business leaders and academics advocated that business reclaims the initiative to spur growth in South Africa amid fragmented and haphazard political direction. Management consulting firm IQ...
The building industry is an essential component of the South African economy as it contributes about 15% to the gross fixed investment that drives the economy. However, with the country’s economy going through a tough time currently, this, in turn, reflects on the...
The recipients of the 2015 South African National Energy Association (Sanea)/South African National Energy Development Institute Energy (Sanedi) Awards were announced at a ceremony and banquet in Sandton last month. Sanea chairperson Brian Statham named Exxaro CEO...
ASHER BOHBOT EOH’s corporate goals were originally aspirations, but the company is relevant and is making a difference in the territories it operates in
As South African information technology (IT) firm EOH posted another full year of strong growth, CEO Asher Bohbot, known for his frank words, people-centric management style and stoic humanism, attributed the company’s continued South African and African growth to...
Alert Close
Embed Code Close
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
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