The REIPPPP is designed to contribute to meeting the national renewable energy target while encouraging foreign investment and developing socio-economic and environmentally sustainable growth. To date, renewable energy projects in South Africa have resulted in 20 000 jobs for South Africans and have attracted R 192.6 billion in investment. Furthermore, IPPs have committed a total of R 19.1 billion toward socio-economic development initiatives within the communities in which they operate, thereby positively contributing to livelihoods and income generation. The main evaluation criterion for the bid selection process is pricing, with a 70% weighting, and a 30% weighting for other factors such as job creation, local content and black economic empowerment. Prices have dropped over the four bidding phases with average solar PV tariffs decreasing by 83%, wind by 59% and CSP dropping by 43%. The REIPPPP includes onshore wind, solar PV, CSP, small hydro, biomass, biogas, landfill gas, small hydro and cogeneration (from agricultural waste / byproducts).
Reference:
Calitz, J.R., Mushwana, C. and Bischof-Niemz, S.T. 2017. Statistics of utility-scale solar PV, wind and CSP in South Africa in 2016
Calitz, J. R., Mushwana, C., & Bischof-Niemz, S. T. (2017). Statistics of utility-scale solar PV, wind and CSP in South Africa in 2016. http://hdl.handle.net/10204/10567
Calitz, Joanne R, Crescent Mushwana, and Sebastian T Bischof-Niemz. "Statistics of utility-scale solar PV, wind and CSP in South Africa in 2016." (2017): http://hdl.handle.net/10204/10567
Calitz JR, Mushwana C, Bischof-Niemz ST, Statistics of utility-scale solar PV, wind and CSP in South Africa in 2016; 2017. http://hdl.handle.net/10204/10567 .