The New Development Bank, formerly known as the Brics bank, has granted power utility Eskom a R6bn loan to develop a battery energy storage project, it said in a statement on Friday 

The loan will be used to set up 360MW of distributed battery storage across four provinces in SA...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.