The energy sector took advantage of Eskom’s 2008 electricity generation crisis by developing the Renewable Energy Independent Power Producer Procurement Programme. The water crisis could also spark such ingenuity. The Northern Cape, a sparsely populated landmass drenched in sunshine and short of investment, has been one of the major beneficiaries of the independent power producer (IPP) programme. The province hosts the majority of the more than 90 projects developed during the various windows of the programme. Premier Sylvia Lucas, Energy Minister Jeff Radebe, Abengoa Solar’s Dominic Goncalves, the Industrial Development Corporation’s (IDC’s) Lizeka Matshekga, and the Public Investment Corporation’s (PIC’s) Jeff Tshikhudo agree that the Northern Cape’s geology and climate make it the ideal candidate for the solar and wind projects. Together, the IDC and the PIC have invested more than R20bn in these projects, believing that the South African economy cannot afford another energy deba...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now