Eskom sizes up $1bn loan from World Bank

ESKOM may get $1bn in World Bank funding for renewable energy projects, a Treasury official said yesterday, as the utility signals a decisive shift from coal to "clean" power sources.

With investment in coal-fired plants set to decrease in line with the government's proposals in its draft integrated resource plan released last week, Eskom's new investments - after the Kusile coal-fired plant - are likely to focus on renewable energy.

Steve Lennon, Eskom MD for corporate services, said this week that "as a minimum" the utility wanted to commission almost 2000MW of solar thermal energy by 2030, "but with a possibility of a lot more, depending on how the business case comes out".

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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