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Beyond 2022: Renewable energy growth trends for SA and the world

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The IEA expects renewable energy to be deployed at a faster pace than previously forecast.
The IEA expects renewable energy to be deployed at a faster pace than previously forecast.
Lameez Omarjee

Sub-Saharan Africa's renewable energy is expected to nearly double by 2027, with an additional 40GW to be added over the next five years. South Africa is among the five African nations – which include Ethiopia, Tanzania, Angola and Kenya, responsible for over 60% of this additional renewable energy capacity, according to the International Energy Agency (IEA).

In December, the IEA published its Renewables 2022: Analysis and forecasts to 2027 report. It highlights that global renewable energy expansion between 2022 and 2027 would be 30% higher than forecast last year. Globally, renewables are expected to grow by almost 2 400 GW in the next five years, the equivalent of China's existing installed power capacity. "That's an 85% acceleration from the previous five years…," the report read.

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