Developer highlights latest bidding round as milestone

Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is a key milestone along South Africa’s energy path and confirms government’s commitment to address power generation shortages in the country, says independent power producer (IPP) Globeleq chief development officer Jonathan Hoffman. “This was an important and necessary signal to the local wind energy sector, which needs predictability and a steady flow of procurement over the coming years to justify the investment in new capacity. This is also important for international suppliers, who have to prioritise certain countries,” explains Hoffman.