On Tuesday morning, Eskom warned that load-shedding may be implemented at short notice should any further breakdowns occur, or should some of the generating units not return to service as expected. It asked that South Africans reduce their power use, as the electricity system is “severely constrained”.
Development finance institution (DFI) the African Development Bank (AfDB) has approved a $57.67-million loan to State-owned Eskom to harness battery storage technology that will increase electricity generation from reliable and efficient renewable energy sources. The funding, a concessional loan, will come from the Clean Technology Fund – a multi-donor trust fund under the Climate Investment Funds.
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