Société Générale announces extension of its Solar Pack offer in Africa

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  • Launched in France almost a year ago, the French bank Société Générale has decided to extend its Solar Pack to Africa.
  • Designed to support the energy transition of businesses, this new tool aims above all to support eco-responsible development.
  • It is being extended at a time when Africa’s regions are experiencing very different energy situations.

To help tackle these economic and environmental challenges and support the transition of its corporate and institutional clients in Africa, Societe Generale has developed the “Solar Pack”, a comprehensive solution designed to facilitate the installation of photovoltaic panels. Clients can benefit from a clean and more economical alternative energy source.

Initially launched in Senegal and Morocco, the “Solar Pack” is a turnkey solution for corporates and institutions in Africa, designed to facilitate the installation of solar PV systems through identification of the need, analysis and estimation of the feasibility of the project, connection with local reference partners and an adapted financing solution. From diagnosis to implementation and financing, clients are supported at every stage in the development of their project.

Corporate and institutional clients thus benefit from access to a source of clean and sustainable energy, the cost of which has become competitive, allowing medium and long-term savings on electricity expenses, while contributing to the decarbonisation by reducing greenhouse gas emissions.

Author: Bryan Groenendaal

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Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

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