{"id":68883,"date":"2022-11-04T19:22:21","date_gmt":"2022-11-04T17:22:21","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project"},"modified":"2022-11-04T21:35:46","modified_gmt":"2022-11-04T19:35:46","slug":"world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project","title":{"rendered":"World Bank Approves South Africa\u2019s Application For Funding To Kickstart The Just Energy Transition Project"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The World Bank has approved South Africa\u2019s application for funding to kickstart the Just Energy Transition Project at Komati power station.<\/p>\n

Eskom will receive a cash injection of R9 billion to fund the project that will eventually add renewables to our energy mix, eNCA news reported this Friday.<\/p>\n

The Just Energy Transition Project will convert the decommissioned Komati power station into a renewable energy site providing 150MW of solar and storage batteries as well 70MW of wind energy.<\/p>\n

Eskom says shutting down the plant will not have a significant impact on national supply.<\/p>\n

While some of the station\u2019s workers will be upskilled, others will lose their jobs.<\/p>\n

Eskom is already failing to generate power sufficient for the whole of South Africa. Resultantly, the power utility has in recent years rolled out load-shedding<\/b> to manage the crisis.<\/p>\n

The beleaguered power utility this Friday extended rolling blackouts until Monday saying Stage 1 power cuts will be implemented during the day while Stage 2 will kick in from 4 pm until 5 am.<\/p>\n

In July this year, President Cyril Ramaphosa announced that the South African government was considering importing electricity from Zambia<\/b> to meet its power needs.<\/p>\n

Zambia recently declared a surplus of 1 156.8 megawatts following the commissioning of four out of five generators at its 750-megawatt Kafue Lower Gorge Power Station.<\/p>\n

Zambia is also set to supply Zimbabwe<\/b>, another southern African country experiencing acute power shortages due to ageing equipment.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The World Bank has approved South Africa\u2019s application for funding to kickstart the Just Energy Transition Project at Komati power station. Eskom will receive a cash injection of R9 billion to fund the project that will eventually add renewables to our energy mix, eNCA news reported this Friday. The Just Energy Transition […]<\/p>\n","protected":false},"author":84,"featured_media":68882,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,2474,21,12643,19,4646],"class_list":{"0":"post-68883","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-zimbabwe-2","11":"tag-cyril-ramaphosa","12":"tag-eskom","13":"tag-the-electoral-commission-of-zambia","14":"tag-zimbabwe","15":"tag-zimbabwe-electricity-supply-authority-zesa"},"yoast_head":"\nWorld Bank Approves South Africa\u2019s Application For Funding To Kickstart The Just Energy Transition Project - zimbabwe<\/title>\n<meta name=\"description\" content=\"The World Bank has approved South Africa\u2019s application for funding to kickstart the Just Energy Transition Project at Ko ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Approves South Africa\u2019s Application For Funding To Kickstart The Just Energy Transition Project\" \/>\n<meta property=\"og:description\" content=\"The World Bank has approved South Africa\u2019s application for funding to kickstart the Just Energy Transition Project at Ko ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-04T17:22:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-04T19:35:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/11\/postQueueImg_15.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"514\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/world-bank-approves-south-africas-application-for-funding-to-kickstart-the-just-energy-transition-project\",\"name\":\"World Bank Approves South Africa\u2019s Application For Funding To Kickstart The Just Energy Transition Project - 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