PETRONAS SUPPLIES GLOBAL CLEAN ENERGY DEMAND WITH GENTARI  


PETRONAS has introduced Gentari Sdn Bhd to accelerate the adoption and commercialisation of clean energy.

The new entity aims to deliver a suite of renewable energy, hydrogen and green mobility solutions that are safe, responsible, cost-optimised and emissions-abated by applying an integrated approach across the clean energy value chain for customers globally.

 “Gentari will offer cleaner energy solutions to meet the energy needs and lower carbon aspirations of Malaysia and its customers at home and abroad,” said Gentari chairman Datuk Tengku Muhammad Taufik.

“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.  

“Elevating the progress that Petronas has achieved to date under its existing New Energy Business and building on partnerships with next generation energy and technology providers, Gentari will benefit from the immediate capacity and resources to pursue clean energy at an industrial scale, starting with Malaysia and the Asia Pacific.

“We look forward to meeting the energy requirements of today and the future with cleaner energy solutions that fuel progress in a just and sustainable manner.”

In its rollout, by 2030, Gentari aspires to:

> Build a renewable energy capacity of 30-40GW (gigawatt), specifically in solar with added opportunities in wind and battery storage.

> Supply up to 1.2mtpa (million tonnes per annum) of hydrogen by leveraging competencies in developing large projects to achieve scale as a low carbon hydrogen producer beginning with projects in Malaysia.

> Become a preferred green mobility solutions provider, supporting the electric vehicle (EV) ecosystem by capturing 10% market share (circa 25,000 charging points based on current estimates) across key markets in the Asia Pacific with an anchored presence in Malaysia and India.

Gentari will be accorded the independence to focus on innovating and delivering clean energy solutions, while seeking financing opportunities to grow the business faster to meet existing demands and explore emerging energy technologies.

Gentari takes its name from the shortened combination of the English word generation or to generate and the Bahasa Melayu word lestari, which means “sustainable”.

Together the words capture the essence of Gentari’s purpose to provide the world with sustainably generated and responsibly sourced energy that allows society to change how it lives today and progress into the future.

Its clean energy assets and projects today include:

> Over 1GWp (gigawatts peak) of solar capacity in India and Malaysia.

> A pipeline of clean hydrogen projects being developed in Malaysia and other prioritised markets together with partners; the first of these projects is targeted to come onstream in 2025.

> Over 220 electric vehicles under the Vehicle-as-a-Service (VaaS) model as well as scaling the existing network of some 170 charge points in India and Malaysia.

With already available solutions in its portfolio, Gentari is committed to making the journey to net zero more feasible for its customers, while growing the overall market for clean energy by investing and innovating with like-minded partners to achieve greater results.

For more information on Gentari, go to www.gentari.com

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Public interest issues will always warrant my attention, says Dr Wee
Kelantan's RM256mil Bukit Merbau sports complex to have 20,000-seat main stadium
Slashed Sg Petani security guard succumbs to injuries, say cops
Malaysian, 51, dies during Mt Kinabalu climb
Don't hoard or ration cooking oil, says Annuar
Kick out, blacklist those abusing PPR ownership conditions
Sabah Day on Aug 31, not gazetted yet, says Kitingan
Perikatan will continue supporting PM for political stability, says Ronald
Those in agriculture, fisheries should consider selling online, says Kiandee
Cops deny viral post stoked racial tension

Others Also Read