Surge in Q3 renewables registrations to 2GW may signal market shift from loadshedding to economics

Despite welcome relief from loadshedding in South Africa, a total of 3.3 GW of renewable energy projects were registered with the National Energy Regulator of South Africa (Nersa) this year, with more than 2 GW registered in the third quarter alone. Analysis conducted by Gaylor Montmasson-Clair, senior economist at Trade and Industrial Policy Strategies, indicates that the surge in registrations during the quarter, from 606 MW in the first quarter and 732 MW in the second, could be attributed to a few large projects.