South Africa - Eskom Renewables Support Project

Abstract*

The objective of the Eskom Renewables Support Project is to facilitate accelerated development of large scale renewable energy capacity in support of the long-term carbon mitigation strategy of South Africa. There are two components to the project, the first component being 100 MW sere wind power plant and associated infrastructure for the connection of wind and renewable IPPs to the grid. The project is fully scoped and specified. Prequalification... Show More

Development Objective

To facilitate accelerated development of large scale renewable energy capacity in support of the long-term carbon mitigation strategy of South Africa.

Key Details

Project Details

Project ID
P122329
Status
Closed
Team Leader
Miarintsoa Rakotondramanana
Borrower 2
Eskom Holdings SOC Limited

Country
South Africa
Disclosure Date
October 6, 2011
Approval Date
(as of board presentation)
October 27, 2011
Effective Date
July 25, 2012

Total Project Cost 1
US$ 1228.00 million
Implementing Agency
ESKOM Holdings SOC Limited
Region
Eastern and Southern Africa
Fiscal Year 3
2012

Commitment Amount
US$ 740.00 million
Environmental Category
A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2023

Last Stage Reached
BANK APPROVED
Last Update Date
June 27, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change80%
- FY17 - Mitigation80%

FY17 - Private Sector Development

FY17 - Jobs7%
- FY17 - Job Creation7%

FY17 - Urban and Rural Development

FY17 - Rural Development7%
- FY17 - Rural Infrastructure and service delivery7%
FY17 - Urban Development7%
- FY17 - Urban Infrastructure and Service Delivery7%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Clean Technology Fund	250.00
Foreign Multilateral Institutions (unidentified)	100.00
Bilateral Agencies (unidentified)	390.00
Borrower/Recipient	488.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	N/A
IBRD + IDA Commitment	N/A

Lending Instrument
Grant Amount	740.00
Total Project Cost**	1228.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Oct 27, 2011	TF-10690	Loan Commitment	250,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Satisfactory	2023-12-18
Monitoring and Evaluation	Satisfactory	2023-12-18
Progress towards achievement of PDO	Moderately Satisfactory	2023-12-18
Project Management	Moderately Satisfactory	2023-12-18
Procurement	Moderately Satisfactory	2023-12-18
Financial Management	Satisfactory	2023-12-18
Overall Implementation Progress (IP)	Moderately Satisfactory	2023-12-18

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2024
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-29-2024	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

GHG emissions avoided Value 0.00 271000.00 199000.00
Date June 30, 2011 December 31, 2023 November 30, 2018
Comment
Generation Capacity of Renewable Energy (other than hydropower) constructed Value 0.00 168.00 0.00
Date June 30, 2011 December 31, 2023
Comment
CTF leverage Value 0.00 1778000000.00 1200000000.00
Date June 30, 2011 December 31, 2023 June 30, 2011
Comment
Generation Capacity of Renewable Energy constructed – Wind Value 0.00 100.00 0.00
Date June 30, 2011 December 31, 2023
Comment
Battery Storage Capacity Constructed Value 0.00 68.00 0.00
Date June 30, 2011 December 31, 2023
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Component 1: Sere Wind Farm construction progress Value 0.00 100.00 0.00
Date June 30, 2011 December 31, 2023
Comment
Component 2: Battery storage capacity Value 0.00 68.00 0.00
Date November 30, 2018 December 31, 2023
Comment
Investments in clean generation as % of investments in electricity generation (CTF Catalytic Replication Outcome) Value 0.00 10.00 0.00
Date June 30, 2011 December 31, 2023
Comment
% of clean energy supply in the overall electricity consumption (CTF Catalytic Replication Outcome) Value 0.00 3.50 0.00
Date June 30, 2011 December 31, 2023
Comment
Investments in clean energy generation (CTF Catalytic Replication Outcome) Value 0.00 14882000000.00 0.00
Date June 30, 2011 December 31, 2023
Comment
Number of jobs created Value 0.00 572.00 0.00
Date June 30, 2011 December 31, 2023
Comment

GHG emissions avoided	Value	0.00	271000.00	199000.00
	Date	June 30, 2011	December 31, 2023	November 30, 2018
	Comment

CTF leverage	Value	0.00	1778000000.00	1200000000.00
	Date	June 30, 2011	December 31, 2023	June 30, 2011
	Comment

Battery Storage Capacity Constructed	Value	0.00	68.00	0.00
	Date	June 30, 2011	December 31, 2023
	Comment

Component 2: Battery storage capacity	Value	0.00	68.00	0.00
	Date	November 30, 2018	December 31, 2023
	Comment

Number of jobs created	Value	0.00	572.00	0.00
	Date	June 30, 2011	December 31, 2023
	Comment

Investments in clean generation as % of investments in electricity generation (CTF Catalytic Replication Outcome)	Value	0.00	10.00	0.00
	Date	June 30, 2011	December 31, 2023
	Comment