ReNew, India’s leading renewable energy company, has signed a Memorandum of Understanding (MoU) with Societe Generale to support financing and development of its strategic energy transition projects both in India and globally. The MoU references up to $1 billion of support over the next three years, including debt financing and advisory solutions. Both parties will leverage their expertise to strengthen collaboration on utility-scale energy projects such as solar, wind, complex renewables, green hydrogen, energy storage, and solar module manufacturing. As of May 9, 2024, ReNew boasts a clean energy portfolio of approximately 15.6 GW, making it one of the largest globally.
ReNew and Societe Generale partner for global energy transition
The MoU by ReNew and Societe Generale enhances financing for global and Indian energy transition initiatives. (Image Credit: ReNew)
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