The electricity market in South Africa – Opportunities for German SMEs from the Renewable Energy sector

As the second-largest economy on the African continent and Germany’s number one trading partner in Africa, the South African renewable energy sector is increasingly brought to focus for German SMEs. Not only is the country blessed with abundance of renewable energy resources, but it is also regarded as an attractive location to do business as Africa’s most industrialised country with a highly developed financial and legal sector as well as modern infrastructure. South Africa has everything to become a trendsetter with a stable energy supply when it comes to alternative energy.

SOUTH AFRICA – Is there a future for Renewable Energy?

South Africa has an abundance of solar and wind energy sources, yet it is heavily reliant on coal-fired power plants and is one of the world’s major CO2 emitters. Its policies and readiness to adopt renewables in its energy mix have the potential to raise economic efficiency, improve the standard of living of its population and contribute positively to climate change.