23 June 2011: There is fresh concern among potential renewable energy investors that the South African government’s imminent procurement process for the first 1 000 MW of renewables projects could well proceed on the basis of a competitive bidding model, rather than being based on renewable energy feed-in tariffs (Refit) determined by the regulator.
Adding to the anxiety is the fact that the National Energy Regulator of South Africa (Nersa) failed to meet its mid-June deadline for the release of revised Refit rates, which were likely to be substantially lower than the tariffs promulgated in 2009, and on which many renewables projects had been premised.
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