South Africa Eyes 28 GW of Renewable Energy by 2029

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Researched by Industrial Info Resources (Sugar Land, Texas)--South Africa is poised for significant growth in its renewable-energy sector, with the market expected to expand from 16.58 gigawatts (GW) in 2024 to an impressive 28 GW by 2029. This growth is part of a broader effort to achieve net-zero emissions by 2050.

South Africa's investment in solar and wind energy, including concentrated solar power and photovoltaic (PV) technology, is crucial to this plan. To further drive this transformation, South Africa has implemented the Renewable Energy Independent Power Producer Procurement Program (REIPPPP), a competitive initiative designed to attract private investment in grid-connected renewable energy projects.

Industrial Info is tracking more than 300 renewable-energy projects across South Africa, totaling more than US$38 billion of investment value. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can click here for a list of detailed project reports and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).