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ReNew, Petronas arm in 5GW clean energy deal
Mint Mumbai
|July 27, 2023
Firms announce equal JV to develop solar, wind, energy storage projects
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ReNew Energy Global Plc and Gentari Sdn Bhd, a unit of Malaysia’s Petroliam Nasional Bhd (Petronas), on Wednesday announced an equal joint venture (JV) to develop solar, wind and energy storage projects in India totalling 5 gigawatts (GW).
Petronas set up Gentari in June 2022 to build a renewable energy capacity of 40GW, supply 1.2 million tonnes per annum (mtpa) of green hydrogen and set up electric vehicle (EV) charging points across the Asia-Pacific, with a focus on Malaysia and India. Mint was the first to report on the ReNew-Petronas partnership on 8 August 2022.
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