S.African clean energy project gets $497 mln in World Bank funds
A South African project to decommission and repurpose one of state-owned power utility Eskom's coal-fired power plants using renewables and batteries will get $497 million in financing from the World Bank, the bank said. A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, File. REUTERS/Kim Kyung-Hoon "The decommissioning and repurposing of the Komati coal-fired plant is a demonstration project that can serve as a reference on how to transition fossil-fuel assets for future projects in South Africa and around the world,"…
