Global renewable energy capacity increased by 15.5%, or 692 GW, year-on-year to 5 149 GW in 2025, intergovernmental organisation the International Renewable Energy Agency (IRENA) has revealed. Its ‘Renewable Capacity Statistics 2026’ report also shows that renewable energy dominated the total capacity expansion in 2025 at an 85.6% share, while non-renewables continued to account for a smaller share of additions.
During the South Africa Investment Conference on March 31, Finance Minister Enoch Godongwana and Public Works and Infrastructure Minister Dean Macpherson spoke about how the government was supporting greater investment by private-sector players in the economy. Godongwana emphasised that a reliance on monopolies in an economy meant that, if there was a problem with a monopoly, the entire sector it served was challenged.