Soitec,
a
leader
in
the
emerging
concentrating
PV
(CPV)
sector,
was
named
a
preferred
bidder
last
December.
In
late
June
Pretoria
acknowledged
that
delays
were
hampering
the
roll-out
of
the
first
round
of
projects,
with
state-owned
utility
Eskom
understood
to
be
moving
slowly
in
offering
developers
PPAs.
Originally
the
delays
were
pegged
at
two
weeks.
However,
it
appears
many
PPAs
may
not
be
signed
until
late
summer.
The
sluggishness
of
the
South
African
market
represents
a
setback
for
Soitec,
which
reported
a
sharp
decline
in
first-quarter
turnover
as
its
solar-energy
division
failed…
