We have the potential to become a leading producer and user of renewables but we cannot reach this potential on our own
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.outh Africa is making progress in its green energy transition. While coal still dominates the country’s energy mix, growth in renewables and renewable infrastructure — particularly in the private sector — has been exponential. In 2023, the country imported more than R17.
The partnership aims to utilise the country’s existing renewable energy primary resources, such as South Africa’s abundant bodies of water to be successful. In recent years, the US,But to ensure that businesses, households, and the public sector continue to adopt renewable energy, the market needs to be as competitive as possible.
That said, it’s important to remember that trade partnerships come with challenges. Before they’re set up, such issues as intellectual property transfer, regulatory differences, and competition need to be dealt with. The last thing South Africa would want would be for a trade deal resulting in damage to a thriving local industry.
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