BUSINESS MAVERICK: Ousting of renewable energy head shrouded in mystery

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 84%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BUSINESS MAVERICK: Ousting of renewable energy head shrouded in mystery By Ray Mahlaka rayMahlaka

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: U.S. Negotiators to Head to China Monday for Face-to-Face TalksU.S. Trade Representative Robert Lighthizer and senior U.S. officials are set to travel to China next Monday for the first high-level, face-to-face trade negotiations between the world’s two biggest economies since talks broke down in May.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK ANALYSIS: Oil in murky waters as geopolitical tensions mountThe crude oil price is caught in several cross-currents, including mounting UK/US and Iranian tensions and unfavourable supply-demand dynamics. Both oil and gold have responded in a subdued fashion to Iran seizing a UK oil tanker. Is this the calm before the storm?
Source: dailymaverick - 🏆 3. / 84 Read more »