PETRONAS Invests In Renewable Energy Start-up

Strengthening its Commitment as a Solutions Partner

KUALA LUMPUR, July 3 (Bernama) — PETRONAS through its corporate venture capital arm, PETRONAS Ventures, recently inked an agreement with SOLS Energy Sdn Bhd to invest in the solar photovoltaic (PV) system start-up that provides sustainable energy for residential and small-to-medium enterprise (SME) sectors in Malaysia.

This is PETRONAS’ second venture capital investment initiative which aims to strengthen its commitment in the renewable energy space as a solutions partner. The transaction is expected to be completed in end July this year.

http://mrem.bernama.com/viewsm.php?idm=37682

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