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South Africa: Minister Jeff Radebe signs 27 Renewable Energy Independent Power Producer Projects with Eskom
Source: https://www.gov.za
Source Date: Monday, March 12, 2018
Focus: Knowledge Management in Government
Country: South Africa
Created: Mar 12, 2018

The Renewable Energy Programme has empowered South Africans to own on average 48% of the equity in all of the Independent Power Producers (IPPs) projects. About 25% of the project equity is owned by foreign investors acting as a catalyst by providing investment and skills transfer to the establishment of the new green economy while enhancing opportunities for economic transformation of which the outcomes could clearly be seen in Bid Windows 3.5 and 4.
The department reached this milestone following a long period of uncertainty, but with this important milestone government re-confirms its commitment not only to renewable energy, but also to a solid partnership with the private sector as it pursues energy’s core position in the South African economy.
This will bring much needed policy and regulatory certainly and maintain South Africa`s position as an energy investment destination of choice.
The signing ceremony will be held as follows:
Date: Tuesday, 13 March 2018
Time: 9h30
Venue: Department of Energy IPP office Blysbridge Office Park, Building 9, Alexander Road, Doringkloof, Centurion
Follow the conversation on #energy @energy_za
Enquiries:
E-mail: mediadesk@energy.gov.za
Lerato Ntsoko
Tel: 012 406 7799
Cell: 082 459 2788
E-mail: lerato.ntsoko@energy.gov.za
Johannes Mokobane
Tel: 012 406 7481
Cell: 082 766 3674
E-mail: johannes.mokobane@energy.gov.za
Event Category: 
Government activities
Issued by: 
Department of Energy
More from: 
Department of Energy

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