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 POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Power Trading to Surge in African Renewables Renaissance The African energy market is maturing and becoming increasingly de-centralised as renewable energy projects have surged. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS The hidden value of waste in the renewable energy ecosystem “China's manufacturers are pumping out so many solar panels that the resulting global glut has caused prices to tank. Solar panels — 80% of which are made in China — are so cheap that they're now being used to line garden fences in Germany and the Netherlands”. Read more EVENTS Africa Energy Forum 2024 Collaborating with our clients to enable the next generation of sustainable renewable energy transition, is a story we are proud to be part of. Read more
