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. 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 AND INFRASTRUCTURE Energy and Infrastructure: The African economic multiplier Forward thinking investors and entrepreneurs in the African energy sector will deliver significant downstream benefits for the continent in the coming years. POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Absa Insights Series: The future of renewable energy is bright The untapped potential of Africa’s treasure trove of natural wealth presents its beneficiaries with a prosperous future, if exploited. POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Absa Insights Series: Coal to gas shift – a major step toward energy stability in SA The market exists and, so does the technology – the question is, who is capable of operating energy storage in South Africa? POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Absa Insights Series: Energy is the gatekeeper to a prosperous future Tackling Africa’s energy crisis starts with policymakers and evidence shows that they’re not moving fast enough.
