News Analysis: Outcome of latest renewables round sends shockwaves across sector

Confirmation that only five solar photovoltaic (PV) projects – and potentially one other – had been appointed following the latest renewables bid window is sending shockwaves through the industry. It is doubly shocking as the round, which was launched in April, was delayed specifically to allow for an expansion in the procurement allocation from 2 600 MW to 4 200 MW as part of interventions announced by President Cyril Ramaphosa on July 25 to tackle extreme loadshedding.