Petronas wholly owned subsidiary Gentari Renewables is engaging with Solarvest Energy Sdn Bhd to install solar power systems at over 300 of its stations across Malaysia.
This project is aimed to commence in April 2024 where it will see the installation of more than 5.4 MWp of solar capacity across the stations nationwide These solar systems are expected to be operational by 2027. Once energised, it is estimated to offset around 5,035 tonnes of carbon dioxide emissions per year.
Executive Director and Group Chief Executive Officer of Solarvest, Mr. Davis Chong Chun Shiong said: “Solarvest is proud to partner with Gentari on this meaningful initiative. Today, oil and gas operations account for around 15% of total energy-related emissions globally, equivalent to 5.1 billion tonnes of greenhouse gas emissions. This project shows us the potential of solar energy to decarbonise retail fuel business operations. Solarvest is confident that our expertise will ensure the successful implementation of this project, paving the way for a
cleaner Malaysia.”
“Businesses in Southeast Asia are actively seeking solutions to navigate the energy transition. By embracing renewable energy solutions like solar PV systems,businesses are taking concrete steps to drive sustainability and reduce environmental impact. The surge in demand is fueling our tenderbook and orderbook rapidly, reflecting in our significant revenue growth.
