Smart money, good governance drive renewables
It may have mostly escaped the spotlight because it was hard slog rather than fireworks, but South Africa’s burgeoning renewable-energy sector has run on minimal sleep over the last three months. The long days were required to finalise the documentation to be submitted in the third bidding window of the Department of Energy’s (DoE’s) Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), writes Windlab Africa MD Peter Venn in the Engineering News.
Each bid in the REIPPPP requires tens of thousands of documents to be submitted within a strict deadline in order to fulfil the DoE’s rigorous requirements and it helps to explain why the REIPPPP is regarded as one of the most sophisticated and stringent programmes of its type in the world.
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