The European Investment Bank (EIB) has approved another €100-million (R1.98-billion) loan in support of the Development Bank of Southern Africa’s (DBSA’s) Embedded Generation Investment Programme, which is supporting the development of private solar PV and wind projects in South Africa. The funding will be matched by the DBSA and is additional to the first €400-million (R7.9-billion) matching loan approved by both development finance institutions in 2022, increasing overall funding for the upscaling of small and medium-sized renewable-energy projects to €600-million (R11.9-billion).
News
You are here: Home1 / News2 / Industry News3 / EIB, DBSA increase funding for private renewables projects to R11.9bn
You might also like
INDUSTRY NEWS
- Graham-Maré assures govt is evaluating independent transmission infrastructure provider modelSeptember 18, 2024 - 6:02 pm
- South Africa’s first Just Transition perception survey highlights low awareness and concern …September 18, 2024 - 6:02 pm
- COP29 leaders unveil climate funding and energy storage goalsSeptember 17, 2024 - 10:01 am
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za