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SA's energy one-stop shop projects for IPPs faces hurdles
Cape Times
|May 09, 2025
Renewable energy sector project in limbo due to President Trump's Executive Orders
THE establishment of the Energy One Stop Shop (EOSS) project, an initiative aimed at revolutionising South Africa's renewable energy sector, is currently in limbo due to a significant funding shortfall.
Yunus Hoosen, head of Invest South Africa (InvestSA), disclosed to Parliament's Portfolio Committee on Trade and Industry on Wednesday that the project was seeking an additional R60 million to continue its rollout across all provinces. The setback follows the withdrawal of funding from the United States under former President Donald Trump's Executive Orders.
"We have done the functional specs. We have been funded by donor agencies. We lost a little bit of funding from the US but we continue to talk to a number of other donors to see how we can get this programme going. It is R60m and we intend to finalise and launch this in the fourth quarter of 2026," Hoosen said.
This story is from the May 09, 2025 edition of Cape Times.
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