World Bank approves $250 mln for S.Africa's Eskom Renewables Energy Support Project

(LEXEGESE) The World Bank’s Board of Executive Directors approved 27 October 2011 $250 million in funding for the Eskom Renewables Energy Support Project (ERSP) to help implement the pioneering and innovative Upington concentrating solar power and Sere wind power plants in South Africa. The US$250 million loan is provided to South Africa’s power utility, Eskom, and is funded by the Clean Technology Fund which promotes scaled-up financing for demonstration, deployment and transfer of low-carbon technologies with significant potential for long-term greenhou ...Zum vollständigen Artikel

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