Powering Energy Transition

Navigating the transition

With the "Solar Pack" offer, Societe Generale supports its corporate and institutional clients in the energy transition of the African continent.

A first-of-its-kind solar project in Japan could serve as a template for the use of virtual power purchase agreements* in project financing.

Every country is striving to reach net zero carbon emissions in the coming decades. But not all of them face India’s additional challenges of trying to decarbonise a rapidly growing economy, while also extending electricity coverage to a still largely rural population of 1.4 billion.

As stakeholders push companies to become more sustainable, technology, regulation and national support measures are all evolving rapidly to make this possible, allowing investors to deploy more capital with greater certainty.

H2 Green Steel, the first large-scale project in the green steel sector, recently announced completion of a financing package of more than EUR 6bn.

As Europe transitions to electric cars and, with the end of sales of new internal combustion engine cars in 2035, the need for electric batteries to support the transition is growing.

The challenges of decarbonizing African cities are numerous, considering the continent’s economic and demographic growth. The cement sector, a key sector for Africa’s development, is one of them.

The Manah 1 project, in line with the “Oman Vision 2040” will increase power generation capacity through renewable independent power projects.