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South African investors bulk financiers of renewable energy success

Engineering News – ONLINE

24 October 2014

South Africa’s financial institutions have been instrumental in funding the bulk of the projects under the Department of Energy’s multibillion-rand Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), delegates heard at the Solar Indaba, in Sandton, on Friday.

The REIPPPP has progressed through four bidding rounds, enabling selected independent power producers to connect renewable energy projects to the country’s strained national grid, and South African financial institutions have been behind 86% of the required funding to date.  Read more…

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