– South African Renewable Energy Masterplan approval
– SAREM targets energy security and industrial growth
– South Africa’s renewable energy capacity expansion plans
The South African Cabinet has approved the South African Renewable Energy Masterplan (SAREM), aiming to bolster energy security and stimulate industrial growth. SAREM provides a strategic roadmap for developing renewable energy and battery storage technologies, addressing challenges related to local capacity, infrastructure, and investment. With electricity demand projected to double by 2040, the plan outlines a clear pathway for advancing power projects.
Aligned with the Integrated Resource Plan (IRP) revised in 2023, South Africa targets adding 29.5 GW of new capacity by 2030, including 14.4 GW from wind and 6 GW from solar. SAREM focuses on four key areas: enhancing local demand for renewable energy and storage, building value chains for renewable energy and battery storage, promoting inclusive industry development, and strengthening local skills and technological innovation.
