POWER, UTILITIES & INFRASTRUCTURE INSIGHTS | 23 AUGUST 2019 How South Africans could REIPPP the benefits of renewable energy Absa | Corporate and Investment Banking > Insights and Events > How South Africans could REIPPP the benefits of renewable energy Bhavtik Vallabhjee Senior International Banker & Head: Power, Utilities and Infrastructure SHARE Absa’s Colin King and Bhavtik Vallabhjee how investors are focusing on renewable energy. https://youtu.be/3gOjHsnywZM In this instalment of the 2019 Absa Insights Series, Bhavtik Vallabhjee, Senior International Banker & Head: Power, Utilities and Infrastructure, Absa CIB and Colin King, Principal: Resource and Project Finance, Absa CIB discuss the Renewable Energy Independent Power Producer Procurement (REIPPP) Programme. Video highlights: Prior to 2010, there were 27 Independent Power Projects (IPP) in Sub-Saharan Africa. Today there are 102 in South Africa alone thanks to the REIPP project. The future of global energy is ‘green’. The price of gas versus coal speaks to this. It’s therefore an opportunistic time to leverage the energy market. Investors are focusing on renewable energy solutions amidst increasing challenges around the coal industry. Bhavtik Vallabhjee Senior International Banker & Head: Power, Utilities and Infrastructure https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles PUBLIC SECTOR Why Budget 2025 Must Reignite SA’s Industrial and Services Sectors At the inception of South Africa's sixth administration in 2019, government took a bold decision to replace the annual Industrial Policy Action Plans (IPAPs) with sector-specific master plans. Read more RESOURCES AND ENERGY Evolving Supplier Development Alongside the Future of African Mining In the late '80s, Anglo American pioneered an innovative supplier development model in South Africa. Read more PUBLIC SECTOR It’s a Go for Governance: How Banks can responsibly connect Global Donor Organisations and SMEs Almost five years since that first terrifying lockdown, small and medium enterprises (SMEs) across the African continent are still feeling the impact of the global pandemic. Read more
