Israel Tech: The blog of the Trade Office in South Africa
26 July 2011: The process of promoting generation of renewable energy in South Africa takes a long time. This is not a surprise, that was the case with many countries, as well as Israel. Recently, It was published that the regulator is considering to abandon the Feed-in-Tariff process which puts the tariffs in advance and is reviewing the possibility to go for a bidding process where the winner would be the bidder that will offer the lowest price.
I think that the South African misses two important points. It will leave the game for the biggest players only and will lose an opportunity to create jobs around the evolving renewable energy market, or at least, will create much less jobs. Second, the bidding process has proved itself an efficient and at least in Israel failed to meet time targets and is to be abandoned.