In an effort to get power to the grid as rapidly as possible, government has announced a massive reduction in the local content requirements for Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme. | LameezOmarjee Fin24
The changes apply to solar PV modules. The component only has to be 35% locally produced. The requirement was previously 100%, explained Minister of Trade Industry and Competition Ebrahim Patel.
The minister is part of the Energy Crisis Committee that focuses on the implementation of interventions to end load shedding. President Cyril Ramaphosa announced the plan last week – its main objectives are to improve the performance at Eskom and increase the amount of generation capacity to the grid.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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