"The facts are clear: renewables already cost over 50% less than new coal-fired power, government policy has for years included the closure of coal-fired power stations, the associated job losses are being planned for through numerous processes now under way - most notably processes being undertaken by the national planning commission, electricity price increases are directly related to the extended delays and rising costs associated with Eskom's coal build programme".
The signing of the contracts with 27 new power producers was due to take place on Tuesday.
"The signing of the IPP means that Eskom will require less coal-fired electricity".
In terms of the interdict, Radebe gave an undertaking that he would not sign the independent producers agreements, including the power purchase agreements, until the hearing on 27 March. The minister has still chose to postpone the signing "in the spirit of constitutionalism and the rule of law". "The reports in the media that an interdict was granted are therefore not true", said Radebe.
Today was supposed to be the day South Africa's REIPPPP renewable energy programme got back on track, finalising PPAs for projects that had been left in limbo despite being offered deals as long ago as 2015 under tender rounds 3.5 and 4, after a long-running dispute with state utility Eskom put the entire process on hold.
"This will also ensure opportunities for economic transformation and access to the mainstream economy".
"These programmes will contribute towards competitive market pricing of electricity‚ both for the household consumer as well as for industrial usage".
Radebe said the usage of different types of energy supply, which includes renewable forms of power generation, is in line with the energy policy.
"About 25% of the project equity is owned by foreign investors acting as a catalyst by providing investment and skills transfer to the establishment of the new green economy", he said. "Northern Cape will have 59% of the jobs created, followed by Eastern Cape with 15% and North West 13% of jobs created".
But this plan was stopped by trade union Numsa and lobby group Transform South Africa when they were granted a late-night interdict by the High Court to halt the proceedings.
"The government of South Africa reconfirms its commitment to a solid public-private partnership as we pursue our energy transition objectives of the future as well as a better life for all", he said.