Malaysian oil and gas player Petronas has launched a clean energy subsidiary, Gentari, which will provide renewable energy, hydrogen and green mobility solutions globally.
By 2030 Gentari aims to build a 30-40GW of renewable energy capacity, mainly solar with added opportunities in wind and battery storage.
It also aims to supply up to 1.2 mtpa of hydrogen by leveraging competencies in developing large projects to achieve scale as a low carbon hydrogen producer beginning with projects in Malaysia; and become a preferred green mobility solutions provider.
Gentari chairman Datuk Tengku Muhammad Taufik said: “Gentari will offer cleaner energy solutions to meet the energy needs and lower carbon aspirations of Malaysia and its customers at home and abroad.
“With a dedicated team focusing on the supply, distribution, and retail of cleaner energy, we aim to capture opportunities in the low carbon energy space by providing affordable and accessible solutions and systems by enabling scale of production and infrastructure availability.”