TotalEnergies, Petronas unit to co-develop 100-MW Aussie solar plant

TotalEnergies, Petronas unit to co-develop 100-MW Aussie solar plant The Al Kharsaah solar plant in Qatar. Source: TotalEnergies.

French energy group TotalEnergies SE (EPA:TTE) and the clean energy unit of Malaysian state-owned oil and gas company Petronas will team up to develop a 100-MW solar project in northeastern Australia.

The partnership on the Queensland-located Pleasant Hills solar project is part of a strategic collaboration agreement signed between TotalEnergies and Gentari Renewables Sdn Bhd to jointly develop renewable energy projects in the Asia-Pacific region.

Pleasant Hills will supply low-carbon electricity to the Roma field’s gas production and processing facilities, including the Gladstone liquefied natural gas (LNG) plant in which both TotalEnergies and Petronas are minority shareholders.

“We are pleased to join forces […] to deploy renewable energies in Asia-Pacific and decarbonise our own facilities leveraging on our respective strengths. The 100 MW Pleasant Hills Solar Project, which will contribute to lowering the emissions of Gladstone LNG, is a first material implementation of this agreement,” said Julien Pouget, Senior Vice President Asia Pacific for exploration and production and renewables at TotalEnergies.

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Marta is an M&A and IPO specialist with years of experience covering energy deals in the US and EU.

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