What will emerge for solar from the REIPPPP Round 4

With over 2GW of solar PV already allocated from the REIPPPP the Round 4 window which closed yesterday is the topic of much speculation. The results deadline may have already been moved back from October to November but this hasn’t stopped industry chatter about what will emerge.

With over 2GW of solar PV already allocated from the REIPPPP the Round 4 window which closed yesterday is the topic of much speculation. The results deadline may have already been moved back from October to November but this hasn’t stopped industry chatter about what will emerge.

 

Round 3 saw large international players enter the market at price points around 0.9 ZAR which meant many of the developers and banks in the market lost share. However, now the market has adjusted to the new price points the outcome of Round 4 is still up in the air.

 

The first indicators on the outcome of Round 4 will be coming at PV Project Development Africa 2014 (9-10th Sept, Joburg) where already attending will be key developers such as Momentous Energy, Scatec Solar, SolarCapital, Aurora Power Solutions, Soitec and more.

 

What is also of note is that key financiers such as Nedbank Capital and Investec are both speaking at the event showing their continued commitment to the development of the solar industry in South Africa. 

 

What makes the summit complete though is the attendance of key regulatory bodies such as the DOE, Eskom and regional Municipalities . The collection of stakeholders at the event mean that it is the key forum for reflecting on the REIPPPP and will get the first idea of who the potential project winners could be.

 

PV Project Development Africa 2014 is the third annual instalment of the event which aims to promote the sustainable development of a commercially viable solar industry in South Africa. If you would like to find out more about the event click here: http://goo.gl/Oatyj9

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