The Western Cape has identified a R37,4 billion renewable energy investment opportunity to 2030 with grid curtailment expected to unlock a significant portion of new wind capacity.
The Western Cape Department of Environmental Affairs and Development Plannings latest Renewable Energy Market Intelligence Report outlines a total pipeline comprising large-scale wind, utility-scale solar photovoltaic PV for wheeling and behind-the-meter BTM installations.
The report indicates that large-scale wind accounts for the bulk of the opportunity with up to 1 856 MW of capacity valued at R31,6 billion. Utility-scale solar PV for wheeling represents a further 250 MW R2,5 billion while BTM solar PV for commercial and industrial users is estimated at 240 MW R3,3 billion.