PETRONAS launches M+ by PETRONAS
Focus Malaysia 10 Oct 2019 16:36
Petroliam Nasional Berhad (PETRONAS) today launched its first solar rooftop solution in Malaysia, known as M+ by PETRONAS, a customisable and affordable solar solution designed for both commercial and industrial use.
The affordability of M+ by PETRONAS is anchored upon its dynamic customer-centric business model, with zero capital expenditure required from customers, tailored to meet customers’ needs and enables savings.
PETRONAS provides end-to-end delivery of the solar rooftop solution and hassle-free maintenance to ensures that customers need only pay for the tariff charges of their energy usage and are not exposed to any form of technical and financial risks.
PETRONAS’ foray into the renewable energy industry builds upon its recent acquisition of Amplus Energy Solutions Pte Ltd (Amplus), a leading distributed solar energy solutions provider and developer across India. PETRONAS’ strength in the energy sector for the past 45 years, coupled with Amplus’ expertise in renewable energy, allow M+ by PETRONAS to effectively provide customer-centric solutions.
PETRONAS’ Executive Vice President and Chief Executive Officer of Gas & New Energy Business, Adif Zulkifli said: “M+ by PETRONAS marks our progress in supplying clean energy options and represents our strategic vision to venture into new energy space in addition to oil and gas”.
“The launch of the solar solution is a testimony to our significant growth as a company that provides sustainable energy solutions. Ultimately, we want to become a leading global provider of clean, reliable as well as cost-effective energy solutions and contribute to the well-being of society and the environment,” he added.
Present at the launch were Prime Minister of Malaysia YAB Tun Dr Mahathir Mohamad, Minister of Energy, Science, Technology, Environment and Climate Change, YB Yeo Bee Yin and President and Group Chief Executive Officer of PETRONAS, Tan Sri Wan Zulkiflee Wan Ariffin.
At the event, PETRONAS also exchanged Memoranda of Understanding (MoUs) with Universiti Teknologi PETRONAS and Malaysia Marine and Heavy Engineering Sdn Bhd for the installation of solar rooftop solutions at the respective companies’ premises.