Gentari, the clean energy unit of Malaysian oil and gas giant Petronas, aims to operate as much as 8 gigawatts of renewables in Australia by 2030, a goal that would make it one of the largest electricity suppliers by then if achieved.
The company’s first foray in the country was to buy the Australian assets of Germany’s Wirsol Energy in February. That move, reportedly costing almost $1bn, secured 422 megawatts of solar capacity with a further 765MW expansion possible.