South Africa’s crucial move towards renewable energy procurement could be on shaky ground with the ousting of a key figure who championed the diversification of the country’s energy mix to alleviate pressure on bankrupt Eskom.
The IPP Office was established in November 2010 by the Department of Mineral Resources and Energy, National Treasury and DBSA to ensure a competitive, fair and transparent procurement process for renewable energy in South Africa. DBSA also enjoyed the power to appoint transaction advisory firms to assist the IPP Office in the evaluation of tender bids for independent power producers. Essentially, the DBSA headed a comprehensive procurement platform, which also included funding from commercial banks, some which have ditched the funding of coal-fired power stations in favour of renewable energy projects.The Department of Energy and DBSA have issued mixed messages regarding the departure of Breytenbach.
Breytenbach did not accept the short-term contract offer. DBSA made another offer to Breytenbach on 7 May 2019 to extend her employment contract on a short-term basis. She declined this offer on 13 May 2019.
Why do we need renewables? Thyspunt has reared it's ugly head again.
...if it's at all possible to screw it up, the ANC is guaranteed to find the way...
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »