Petronas clean energy unit targets rapid expansion
Gentari sets out strategy for aggressive buildout of renewables and hydrogen capacity
Gentari, the recently launched clean energy arm of Malaysian NOC Petronas, has outlined plans to expand its renewables, clean hydrogen and electric vehicle (EV)-charging portfolio rapidly across key Asia Pacific markets by 2030. The company, which will be supported by its parent Petronas during its growth phase, also plans to explore emerging energy technologies as part of its strategy to become one of the world’s leading clean energy players, it said in a strategy update issued at its official launch last week by Malaysian prime minister Ismail Sabri Yaakob. Gentari aims to install 30-40GW of renewable power capacity by 2030. To date, it has 1.1GW of capacity in operation and under developm
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory