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Home » Finance » Eskom Secures EUR 6.5 Million Grant for 1.5-GW Pumped Storage Hydro Project
Energy Storage

Eskom Secures EUR 6.5 Million Grant for 1.5-GW Pumped Storage Hydro Project

By James AndersonNovember 15, 20242 Mins Read
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South African utility Eskom has received a EUR 6.5 million (USD 6.9 million) grant from the French development agency Agence Française de Développement (AFD) to support the construction of a 1.5-GW pumped storage hydro complex. The funding, which was delegated by the European Union, was confirmed through an official agreement signed on Thursday. The Tubatse

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Africa Carbon Eskom European Union Funding Hydropower Infrastructure Natural Gas Renewable energy South Africa Wind
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