South Africa’s cabinet has approved its first Renewable Energy Masterplan, aiming to build local manufacturing industries for solar panels, wind turbines, and batteries. The strategy supports adding 3–5 gigawatts of renewable energy annually through 2030, attracting $784 million in investment and creating 25,000 jobs. It emphasizes inclusive growth, supporting Black-owned businesses and transitioning coal-dependent communities. Despite existing manufacturing capabilities and rich mineral reserves, the plan faces major hurdles, including grid limitations and past implementation failures. Eskom requires $21 billion to expand grid capacity. Successful execution depends on coordinated governance and effective integration with broader national energy strategies.
Wednesday, October 1, 2025 - 11:27:34
Columbus, United States | 14°C | Clear sky
