Mineral Resources and Energy Minister Gwede Mantashe says the government is looking at reopening bid window 5 of the renewable energy independent power producer programme (REIPPP) in light that most projects have failed to reach financial close. Bid window 5 is a critical part of the plan to end SA's power shortage. The bidding closed in 2021, and it aimed to add 2 583 MW to the grid within the next two years. But, global events – such as the war in Ukraine and increased demand for renewable energy and storage components – have radically altered the input costs on which the bidders based their prices.
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