Solar, battery, inverter imports surged to R70bn in 2023 as wind turbines recovered from …

South African imports of solar panels, lithium-ion batteries and inverters climbed to a record $3.8-billion last year, or about R70-billion, while imports of wind turbines began to recover following a two-year lull, analysis compiled by Trade & Industrial Policy Strategies senior economist Gaylor Montmasson-Clair shows. Imports in 2023 were double the $1.7-billion of 2022 and lifted the overall value of the three energy components imported over the ten years from 2014 to 2023 to above $10-billion.
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TNPA to appoint developer soon for common-user infrastructure required for LNG terminal

South Africa’s Transnet National Ports Authority (TNPA) expects to appoint a developer within months for the common-user infrastructure required to support the proposed liquefied natural gas (LNG) terminal at the Port of Richards Bay, in KwaZulu-Natal. In January, the State-owned company announced that it had selected a consortium comprising Vopak and Transnet Pipelines to design, develop, construct, finance, operate, and maintain an LNG terminal in the South Dunes Precinct at the deep-water port for a period of 25 years.
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