In July 2023, a draft version of the South African Renewable Energy Masterplan (SAREM) was made available to the public. The plan outlines a vision, objectives, and an action plan for South Africa to enter the growing renewable energy market. The aim is to use the increasing demand for renewable energy and storage technologies to promote the industrial and inclusive development of associated value chains in the country. This will focus on solar and wind energy, as well as lithium-ion and vanadium-based battery technologies.