In pursuit of incentivizing further investment and development across the country’s renewable energy landscape, South African President Cyril Ramaphosa, has confirmed that the government is working towards removing the licensing threshold for embedded power generation completely.
Speaking to Parliament, the President stated that following the amendment of Schedule 2 of the Electricity Regulation Act and the subsequent decision to lift the licensing threshold from 1 MW to 100 MW in 2021, a strong pipeline of renewable energy projects to the tune of 9,000MW was launched by private players across the market.
