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South Africa's Eskom secures loan from EIB for solar power plant
| Reuters
1. South Africa's Eskom secures loan from EIB for solar power
plant | Reuters
JOHANNESBURG (Reuters) - South Africa's power
utility Eskom has agreed a 75 million euro loan with
the European Investment Bank to support its 100
MW concentrating solar power (CSP) plant, the
company said on Thursday.
"Eskom is committed to investing in projects that
will diversify our energy mix, including renewable
resources," Eskom's senior general manager for renewables Ayanda Nakedi said.
"We are pleased to have taken another step forward in funding our Upington solar plant with this
loan agreement."