Johannesburg - Minister of Public Enterprises Lynne Brown gave Eskom the go-ahead on Friday to sign outstanding power purchase agreements with independent power producers who form part of SA's independent power scheme.
Brown approved Eskom’s application to purchase additional renewable energy from the producers involved in last bid windows of South Africa's much-hailed renewable programme.
“The conclusion of the power purchase agreements to enable the implementation of the outstanding projects under bid windows 3.5, 4 and 4.5 of the Renewable Energy Independent Power Producers Programme is critical to implementation of the national energy policy as articulated in the Integrated Resource Plan of 2010,” Brown said in a statement.
The programme largely ground to a halt when Eskom refused to sign further agreements about two years ago, citing financial woes. The decision put the skids on the programme and renewable investment flowing into the country.