CPV developer Soitec kept hanging over South Africa PPA

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 “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 to nab a single order.”
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