Suntech confirmed its proposed new manufacturing facility in South Africa has been put in a holding pattern until the details of the fourth round of renewable energy independent power producer program (REIPPPP) are released. Suntech is looking for a clarification on this round’s local content rules.
Winners of the latest round were expected to be announced around November; however, to date firms are still awaiting the announcement. According to the South African PV Industry Association (SAPVIA) the delays are dampening interest for South Africa as an investment destination.
Suntech was considering investing in a manufacturing hub in South Africa, but this would need local content specified before it made a final decision.