Key Market Indicators
South Africa's renewable energy generation is projected to hit approximately 14.5 terawatt-hours by 2028, up from around 13.7 terawatt-hours in 2023. This represents an annual growth rate of 0.8%, according to recent forecasts. Since 2001, the nation's renewable energy supply has seen a steady increase, with an average yearly growth rate of 3.7%. The data underscores South Africa's ongoing efforts to bolster its renewable energy capacity amidst global shifts towards sustainable energy sources.
