International renewable energy developers must do extensive legal research and preparation for projects in South Africa, as re-opened land claim process exposes projects to greater risks, and a new law is set to ban freehold land ownership by foreign entities.
South Africa reopened its land claim process in June 2014, given any person or community dispossessed of land rights after 19 June 1913 as a result of racially discriminatory practices the right to lodge a claim to restore the land right or receive compensation. The land claims process raises the importance of careful research and legal preparation during the development phase of renewable energy projects, and is set to impact future land acquisition decisions.
Bulelwa Mabasa, Director at Werksmans Attorneys and an expert in land restitution law, comments: “Usually, the government itself pays the price on behalf of the person who is claiming that piece of land… Renewable energy is in effect foreign direct investment and the [Lands Claims] Commission has, in most cases, been cooperative and forthcoming in support of renewable energy projects”
- Full article available here
- Download the PV Insider report ‘International Investment in South African Renewables’ here
- For more information contact Amy Allebone-Salt, Project Director
About New Energy Update
New Energy Update is a business intelligence and market analysis platform. Our primary business takes the form of niche renewable energy conferences, featuring senior level speakers and extensive networking and learning opportunities.
The New Energy Update conference series brings together three of South Africa’s most established renewable energy conferences to form one 3-track event at Century City Conference Centre, Cape Town, 8-9 June 2016: CSP Today South Africa, PV Insider South Africa and Wind Energy Update South Africa.
For more information contact Amy Allebone-Salt, Project Director.