ReNew Signs MoU with Societe Generale to Expand Collaboration on Energy Transition Projects
Both parties will leverage their respective expertise to strengthen the collaboration on utility-scale energy projects including solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing.
May 16, 2024. By News Bureau
Under the MoU, which references up to USD 1 billion of support over the next three years, primarily including debt financing and advisory solutions, both parties will leverage their respective expertise to strengthen the collaboration on utility-scale energy projects including solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing.
Sumant Sinha, Founder, Chairperson and Chief Executive Officer of ReNew said: “This MoU represents a key milestone towards our ambitions in India and worldwide. Societe Generale is a trusted partner for accelerated deployment of renewable energy projects, and this collaboration will contribute towards India’s net zero goals.”
Dr. Katan Hirachand, Chief Executive and Chief Country Officer of Societe Generale India said: “ReNew’s commitment to the energy transition in India and beyond aligns with Societe Generale’s focus on supporting our clients’ sustainability journey, in line with our Group’s ambition. This MoU marks an important step in our collaboration with ReNew – we look forward to supporting their significant growth ambitions and driving the deployment of green energy in the market.”
please contact: contact@energetica-india.net.
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