Solar industry welcomes NTCSA’s new approach to paying curtailment claims

The South African Photovoltaic Industry Association (SAPVIA) has welcomed a new fast-tracked payment mechanism that will see independent power producers (IPPs) paid the full estimated value of their curtailment compensation claims upfront. In a statement, SAPVIA said the new approach would ease a cash-flow squeeze that had been particularly difficult for broad-based black economic empowerment (B-BBEE) equity partners to absorb.

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