From CNBC Africa

South Africa’s power utility Eskom announced that is has secured a 75 million euro loan from the European Investment Bank to support its CSP plant located in Upington.

“It is quite exciting to be part of a new journey that South Africa is undergoing, implementing renewable energy and taking advantage of the free sun that we have and the wind that is available,” Ayanda Nakedi, senior general manager of renewable energy at Eskom told CNBC Africa.

Written by Farhaanah Mahomed/Read more at CNBC Africa