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Published 1 year ago

World Bank approves funding for R9bn plan to repurpose Komati power station

Summary by Ground News
The World Bank has approved South Africa's request for funding to repurpose Eskom's recently decommissioned coal-fired Komati power station. The plant, which has been operating since 1961, had its final generating unit taken offline at midday on Monday. The repurposing project will convert Komati into a renewable generation site powered with solar, 70MW of wind and 150MW of storage batteries. Under the project, former workers will be supported through a "transition plan"

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World Bank approves funding for R9bn plan to repurpose Komati power station

The World Bank has approved South Africa’s request for funding for a R9 billion plan to repurpose Eskom’s recently decommissioned coal-fired Komati power station in Mpumalanga by using renewables.

1 year ago·South Africa
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Times LiveTimes Live

Eskom gets R9bn World Bank loan to repurpose Komati power station

The World Bank on Friday approved a $497m (about R9bn) concessional loan facility to Eskom to repurpose the Komati power station, the power utility said.

1 year ago·Johannesburg, South Africa
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Eyewitness NewsEyewitness News

World Bank approves R9bn loan request to repurpose Komati power plant

Eskom says the new Komati power station will include the provision of 150MW of solar, 70MW of wind and 150MW of storage batteries.

1 year ago·South Africa
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Business LiveBusiness Live

World Bank approves $497m Komati switch to renewables

SA’s power sector contributes to 41% of the country’s CO₂ emissions, according to the World Bank

1 year ago·Johannesburg, South Africa
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Engineering NewsEngineering News

$497m just transition loan for Komati repowering approved by World Bank

South Africa’s request for a $497-million (about R9-billion) to decommission and repower the Komati coal-fired power plant using renewables and batteries has been approved by the World Bank Group board of executive directors. The last Komati unit was shut at midday on October 31, signalling what Eskom said would be the start of a repowering and repurposing of the site into a renewables, storage, manufacturing and training hub.

1 year ago
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sowetanlive.co.zasowetanlive.co.za

Eskom gets R9bn World Bank loan to repurpose Komati power station

The World Bank on Friday approved a $497m (about R9bn) concessional loan facility to Eskom to repurpose the Komati power station, the power utility said.

1 year ago
Read Full Article
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AfricaAfrica
EskomEskom
South AfricaSouth Africa
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