World Bank approves $497m for Komati decommissioning

In:

Power, Renewables

Region:

Middle East & Africa

The World Bank has approved a $497 million loan to South Africa to decommission and repower the Komati coal-fired power plant using renewables and batteries.The Komati Just Energy Transition Project would be financed jointly through a $439.5 million World Bank loan, a $47.5 million concessional loan...

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