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South Africa: African Development Bank approves a ZAR 3 billion loan to bolster renewable energy in South Africa

The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to boost South Africa’s energy mix and hasten transition to renewable energy. Located in the Humansrus Solar Park, Northern Cape Province of South Africa, the […]

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