BMI View: Recent developments in the South African renewables market, notably the near completion of the country’s first renewable energy project under the Renewable Energy Independent Power Producer Programme (REIPPP), mark a significant turning point for the industry and we believe a string of other REIPPP projects will go online over the coming year. We have long held a cautiously optimistic view of the South African renewables sector, but believesome of the greatest barriers to growth have now been overcome, certainly for those projects auctioned in the initial stages of the programme. That said, our forecasts remain on the bearish …
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