In terms of our renewable energy programme, "Amongst the G20 countries, South Africa is now recognised as the 9th most attractive investment destination for the green economy and our programme was voted by the Global Leadership Infrastructure Programme in New York as the best green energy infrastructure programme in the world in 2012." In this regard out of the 93 bids received, 17 renewable energy programmes were granted preferred bidder status in round three of the REIPPP. This follows up on the successful financial closure of round one, where 1 416MW of projects from 28 bidders are currently under construction and round two where a total of just over 1000 MW was approved. In terms of cogeneration, the Minister has made a determination in December 2012 that 800 MW of cogeneration power will be implemented in South Africa and the DoE has as its target in this area, to develop a strategy and plan for the introduction of economic infrastructure as per the IEP/IRP.