News 2018

New coal plants to cost SA R19bn, push out renewables

By Admire Moyo, ITWeb's business editor. Johannesburg, 15 Jun 2018 Thabametsi and Khanyisa are the preferred bidders within the first bid window of the coal- baseload IPP procurement programme. Two planned coal plants will cost SA about R19.68 billion over the course of their lifetime, and force cheaper...

R58bn renewables deals blocked at 11th hour

The signing of 27 outstanding renewable energy projects will not happen today as anticipated. This after trade union National Union of Metalworkers of SA (Numsa) and civic group Transform RSA were granted an urgent court interdict at the North Gauteng High Court. In what came as a...

Renewable energy body responds to NUMSA’s urgent interdict

The South African Wind Energy Association (SAWEA) responds to the National Union of Metalworkers of South Africa's urgent court interdict blocking Eskom from signing 27 renewable energy contracts,  In a statement, SAWEA noted that today was meant to mark the reawakening of the country's Renewable Energy Power...

SAWEA RESPONDS TO ANOTHER PPA DELAY

Today was meant to mark the reawakening of South Africa’s Renewable Energy Power Producer Procurement Programme (REIPPPP), first initiated in 2011. “The delayed investment of over R59 billion, the creation of over 13 000 construction jobs and a further 2000 operations jobs was meant to be...

WIND ENERGY INDUSTRY WELCOME PRESIDENTIAL INTERVENTION TO STABILISE SOE'S

21 February 2018 The South African Wind Energy Association (SAWEA) has issued a statement applauding the newly appointed President’s commitment to stabilising state owned enterprises and Minister Gigaba’s reiteration of these sentiments, in today’s Budget Speech. “We applaud President Ramaphosa’s unequivocal commitment in the State of the...

WIND ENERGY INDUSTRY ANTICIPATE THE SIGNING OF OUTSTANDING PPAs

The South African Wind Energy Association (SAWEA) together with the broader renewable power sector anticipate the conclusion of the 26 outstanding power purchase agreements (PPAs) in the first quarter of 2018.  The majority of the processes that precede the finalisation of the PPA’s were fulfilled...