India

India’s ReNew is launching the country’s first project that combines generation from solar and wind farms with affordable energy storage in order to produce ‘always on’ power.

The transition to next-day settlement is a move that promises to make India’s equity markets among the fastest and most efficient in the world. T+1 is inevitable. The full benefits, however, will only be achieved when all participants are on board with processes crunched and optimised with the help of technology advancement.

India’s energy transition will require the full support of the public and private sectors – and billions of dollars in investment. With the right frameworks now in place, India has momentum on its side.

India aims to generate 275 Gigawatts (GW) of renewable energy capacity by 2027, up from 136 GW today. Societe Generale is supporting this critical energy transition goal, as illustrated by recent financing of SB Energy and ENGIE’s solar projects.