DoE confirms new renewables bid schedule after window-one delays

Engineering News 10 September 2012.

Following delays to achieving financial close on the first 28 wind and solar projects, which advanced to the preferred-bidder stage in December last year under South Africa’s Renewable Energy Independent Power Producer Programme (REIPPP), the Department of Energy (DoE) has confirmed a postponement to the third bid submission date.

It has also revised the financial-close schedule of the 19 second-round preferred bidders to between March 18 and 28, 2013, from an initial date of December 2012.

In a note to bidders, the DoE outlined a new third-window submission date of May 7, 2013, having previously indicated that it intended sticking with the October 1, 2012, deadline – this, notwithstanding the fact that the window-one projects had not closed in June as initially scheduled…

http://www.engineeringnews.co.za/article/doe-confirms-new-renewables-bid-schedule-after-window-one-delays-2012-09-10

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