Financing the Energy Transition 2025

Paolo Scaroni, Chairman, Enel: To promote the energy transition, we need a partnership between the public and private sectors to create the conditions, also with the support of DFIs, to stimulate investments, especially in emerging economies. Gains in productivity and attractive returns will offset the costs associated with these initiatives. Gao Jifan, Chairman and Chief Executive Officer, Trina Solar: The world is shifting from a “Watt + Bit” era to one of “PV + AI”, calling for targeted investments to drive this transition at speed and scale. Trina Solar leverages its strengths in innovation, brand leadership, digital intelligence, sustainable development and coordinated industry investment to contribute meaningfully to this transition. Through collaboration with partners across sectors, Trina Solar aims to mobilize investments in the sustainable development of global energy.Ignacio S. Galán, Executive Chairman, Iberdrola: Clear policy roadmaps that combine energy security, competitiveness, decarbonization, regulatory certainty and incentives to investments are prerequisites to accelerate the energy transition. Collaboration and a forward-looking vision will drive the anticipatory infrastructure investments required to move towards an energy system based on clean electrification. Nicolas Maes, Chief Executive Officer, Orano: Nuclear energy is now fully recognized as an important part of the energy transition, providing a 24/7 low-carbon energy source. Just like for renewables, substantial investments will be needed, along with innovative financing mechanisms to lower financing costs. In this regard, cooperation between public bodies, financial institutions and companies will be key. Financing the Energy Transition: Meeting a Rapidly Evolving Electricity Demand 4