Remember from linear algebra that when working with finite-dimensional vector spaces (bundles), the space (bundle) of linear maps $L(V, W)$ is isomorphic to the tensor product $V^* \otimes W.$ Since the usual ($\mathbb R$-valued) differential one-forms are sections of the bundle $$TM^* = L(TM, \mathbb R),$$ we thus see that if $E$ is some other vector space or bundle, the $E$-valued one-forms on $M$ should be sections of $$L(TM,E) = TM^* \otimes E.$$
In this particular case, $E$ is the vector space $T_e G$ (the Lie algebra of $G$), so the $E$-valued one-forms are sections of $TM^*\otimes T_e G.$
(If you want to get pedantic about this being a tensor product of vector bundles over $M$, $T_e G$ here is really shorthand for the trivial bundle $M \otimes T_e G \to M.$)
The space of sections of this bundle is $$\Gamma(TM^* \otimes T_e G) = \Gamma(TM^*) \otimes T_e G = \Omega^1(M) \otimes T_eG.$$