Financing renewable energy in South Africa: lessons from India and China

Abstract

South Africa's energy security crisis is crippling the country's economic development. Recently, President Cyril Ramaphosa announced a suite of changes to add additional private generation capacity to the country's energy grid. In partnership with the South African BRICS Think Tank, the HSRC has studied opportunities to expand renewable energy financing by comparing South Africa's experiences with those of India and China. This article summarises the study's findings, informing some of the interventions proposed by the president.