World Bank Approves South Africa’s $497m Komati Repowering Loan

The World Bank Group’s Board of Executive Directors have approved South Africa’s request for $497 million (about R9 billion) to decommission and repower the Komati coal-fired power plant using renewables and batteries. On October 31, the last Komati unit was shut down at midday, heralding the beginning of what Eskom described as a repowering and … Continue reading World Bank Approves South Africa’s $497m Komati Repowering Loan