Financial closure on renewable projects needed to maintain investor confidence – SAWEA



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ENGINEERING NEWS

The second Windaba conference, organised jointly by the South African Wind Energy Association (SAWEA) and the Global Wind Energy Council, was being held in Cape Town this week at a time when many prospective independent power producers were awaiting news of the impending financial closure for round one of the Renewable Energy Independent Power Producer Programme (REIPPP). 

“The programme is nothing short of impressive. But to really show that this programme works and to maintain investor confidence, financial close needs to occur to acquire confirmation that we indeed have a wind industry,” SAWEA chairperson Jasandra Nyker said during the opening session of the conference.