Legal updates and opinions
News / News
Green shoots which may reignite the Renewable Energy Industry
by Nozipho Bhengu, Director
- In line with the Ministerial Determination issued under section 34 of the Electricity Regulations and concurred with by the National Electricity Regulator of South Africa (Nersa), on 18 March 2021, the Minister of Mineral Resources and Energy, Gwede Mantashe made the long awaited announcement that the Request for Proposals (RFP) for the procurement of 2 600 megawatts of electricity under the Renewable Energy Independent Power Producers Procurement Programme (REIPP) Bid Window 5 would be released to the market at midnight on 19 March 2021.
- The RFP for Bid Window 5 invites independent power producers to submit bids for 1 600 megawatts generated from wind and 1 000 megawatts from solar PV, with project sizes ranging from a minimum of 1megawatt to a maximum of 140 megawatts for wind and a minimum of 1 megawatt to a maximum of 75 megawatt for solar PV.
- The Minister further announced that the closing date for the submission of bids under Bid Window 5 is 4 August 2021 and Bid Window 6 will be launched in August 2021. Details as to how to obtain the RFP for Bid Window 5 are available on the IPP office website: ipp-projects.co.za.
- Since the above announcement the Department of Mineral Resources and Energy (DMRE) has, further announced that it intends convening a virtual bidders’ conference in April 2021 to provide information and clarity on the bid submission requirements and expectations for Bid Window 5 of the REIPP. Further details of the bidders’ conference will be announced by DMRE in due course.
- The announcement to procure additional electricity capacity comes at a time when the country is experiencing crippling load shedding and therefore shows Government’s serious intent to address electricity shortages that the country is facing and ensure energy security. Government is to be applauded for this initiative, which will hopefully go a long way to resolving the electricity shortages in South Africa and revitalise the renewable energy industry and the economy.
Latest News
Rising above the flames – answers to directors’ burning questions during times of financial crisis
By Eric Levenstein, Director and Nastascha Harduth, Director Often directors of companies that face financial difficulties have questions which they [...]
Questioning the BBBEE commission’s approach to public benefit organisations in BBBEE ownership structures
By Pieter Steyn, Director A Public Benefit Organisation ("PBO") is defined in the Income Tax Act as a non‑profit company [...]
Terminating an employment contract and dismissing an employee – how are they interrelated?
By Bradley Workman-Davies, Director A recent case decided by the South African High Court has examined the curious interplay of [...]
Wereley v productivity south africa: lessons for employers
By Lloyd Abraham, Director On 4 December 2018, the Labour Court in Johannesburg delivered judgment in the matter cited above. [...]
Three cartel cases lost by the competition commission before the competition tribunal – what are the implications for future cases?
By Pieter Steyn, Director In the last two months the Competition Commission has lost three cartel cases before the Competition [...]
The long road to the protection of personal information – No April Fool’s Joke
The Protection of Personal Information Bill was first tabled 12 years ago, in 2009. It was signed into law in [...]
