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President Ramaphosa Unveils South Africa’s Renewable Energy Revolution In Parliament Address

8/20/2024

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President Cyril Ramaphosa emphasized South Africa’s commitment to a “renewable energy revolution” during his Opening of Parliament Address (OPA) at Cape Town City Hall. He underscored the transformative potential of renewable energy in driving economic growth and job creation over the next decade and beyond.

South Africa’s favorable climate allows for substantial energy production from solar and wind sources. Additionally, the country possesses valuable rare earth minerals essential for renewable energy technologies.

“As we undertake a just transition towards renewable energy, South Africa must create a green manufacturing sector centered on the export of green hydrogen and associated products, electric vehicles, and renewable energy components,” President Ramaphosa stated.

He highlighted the Northern Cape’s success in attracting billions of Rands in renewable energy investments, illustrating the country’s ongoing energy transformation. The President pointed out that South Africa has opened opportunities for renewable energy-independent power producers to strengthen the grid and create employment.
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