Red tape thwarts South Africa's green energy potential

Based on the government's plan to add 2.6 gigawatts (GW) of as yet unprocured wind and solar capacity in 2022, the next auction could attract more than $2 billion in investment, a Reuters analysis of industry estimates found.Billions more could flow if procurements happen regularly, contributing to much-needed economic development when the new coronavirus has exacerbated budget constraints."South Africa has a brilliant solar resource, and there is a lot of international and local interest," said..