SA weighs mega renewable energy tender to curb load shedding | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Electricity Minister Kgosientsho Ramokgopa proposed a 'mega bid window' for the procurement of renewable energy to curb rolling blackouts, even as previous plans to build clean power generation have been delayed. | News24_Business

Dyason Klip 2 solar plant in Upington, which is part of Bid Window 4 of the Renewable Energy Independent Power Producer Procurement Programme.Electricity Minister Kgosientsho Ramokgopa has proposed a"mega bid window" to procure renewable energy.

Ramokgopa recommended buying a minimum of 15 000 megawatts of energy, in addition to other measures that go beyond a seventh round of auctions for renewable-power supply that's already planned. The plan to acquire renewable energy was presented to the governing African National Congress's highest decision-making body over the weekend.

South Africa's programme to buy renewable energy from private producers has succeeded in drawing developers and building projects, but the auctions have faced multiple delays in recent years, despite attempts by President Cyril Ramaphosa to accelerate and expand them.

 

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

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines