‘Strong prospects’ for public transport electrification
GreenCape highlights key investment opportunities for SA’s green economy, from bus electrification to large-scale renewable energy.
South Africa's electric bus market is projected to grow to 576 vehicles by 2030, contributing 3% to the country's active public transport bus service, as reported by GreenCape's 2026 market intelligence. The market has seen increased electric bus procurement and long-term targets set by bus operators, leading to the deployment of 120 electric buses by Golden Arrow Bus Services (GABS) in Cape Town.
These buses are expected to cover six million kilometers in 2026, reducing energy costs by 33% to 57% compared to diesel. The electric bus pilot has reported lower energy costs, reduced maintenance requirements, and potential fuel cost savings over the vehicle lifetime. The City of Cape Town is also set to launch a pilot test for electric minibuses in Century City using a battery-as-a-service model.
South Africa's renewable energy sector is projected to generate R161.2 billion from 2026 to 2030, with investments in large-scale renewable energy and behind-the-meter installations. The sector aims to reduce carbon emissions and secure energy during load-shedding.
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