Our market intelligence report informs investors of changes and developments within South Africa’s utility scale renewable energy sector. It highlights the composition of the market, discusses key players, market size and noteworthy trends, and then covers the main guiding policies and legislation in the renewable energy space, before exploring opportunities, incentives and barriers within the sector.
Over 6300MW of procured capacity to date, signifying a huge growth in the South African renewable energy market
Close to 3 000 MW of generation capacity connected and feeding into the national grid
Over R 190 billion in investments attracted, over 25% of which originate from international sources
Significant additional investment in manufacturing capacity in the industry with GRI 30% expansion and Resolux R25 million facility in Atlantis
Monitoring of local content on the REIPPPP is important to ensure maximum economic benefit
Multi-billion funds committed to community benefit programmes by successful projects, present significant opportunity for meaningful development of communities affected – which are mostly in rural/ remote parts of the country
The renewable energy sector aims to support the growth of the large scale renewable energy sector, from project developers, equipment suppliers, technical advisors to financiers. The aim, in line with GreenCape’s objectives, is to attract investment into South Africa as well as the creation of jobs – primarily in the manufacturing sector.
Various work streams comprise the team’s support of the utility scale renewable energy, including:
Engagements on local content in the REIPPP programme, with a view to facilitate expedited communication between relevant government departments (such as the dti) and industry members
Engagements with industry in the implementation of SED and ED – in a bid to ensure continues support for the renewable energy sector, from both civil society and government
Engaging with potential manufacturers of renewable energy components who may qualify for setting up in the proposed Atlantis greentech manufacturing sector
For related tools, resources and information on the Renewable Energy see the Library below.