Competitiveness concerns could scupper once-in-century potential for South Africa to reindustrialise
The global and local renewable energy transition is presenting industries, and South Africa, with a once-in-a-century growth trajectory to provide products and components into the value chains of renewable energy and battery energy storage systems (BESSs). During the second quarter of 2023, more than $1.7-billion worth of solar panels, inverters and lithium-ion battery systems were imported into South Africa, and this number excludes other components and parts.