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.