TotalEnergies and Gentari Renewables Sign Strategic Collaboration Agreement

Paris-based TotalEnergies has inked a deal with Gentari Renewables Sdn Bhd, Petronas’ clean energy solutions arm, to co-develop green energy projects in the Asia-Pacific region. The agreement, signed on the sidelines of the Energy Asia Conference in Kuala Lumpur, strengthens TotalEnergies’ existing partnership with Petronas in the energy transition space. Under the joint venture, TotalEnergies and Gentari Renewables will co-develop the 100MW Pleasant Hills Solar Project in Queensland, Australia, to supply low-carbon electricity to the Roma field’s gas production and processing facilities. Petronas and TotalEnergies each own a 27.5% stake in Gladstone LNG.

“This Strategic Collaboration Agreement paves the way for very concrete action plans ranging from implementing best practices to eliminate methane emissions, to energy efficiency and electrification with low carbon power,” said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. “The 100MW Pleasant Hills Solar Project, which will contribute to lowering the emissions of Gladstone LNG, is a first material implementation of this agreement.”

TotalEnergies and Gentari partner to accelerate clean energy transition

TotalEnergies, the global multi-energy company, has announced a new partnership with Gentari, a leading independent power producer in Indonesia. The two companies aim to facilitate a sustainable energy transition in Indonesia, with a focus on renewables and net-zero solutions.

“To achieve our joint decarbonization goals, it is critical to harness all our capabilities, capacity and resources efficiently. This includes optimizing our existing partnerships and working to decarbonize our own business entities,” commented Sushil Purohit, CEO of Gentari.

TotalEnergies’ ambition to reach net zero by 2050 is driving the company’s expansion into electricity and renewables. By the first half of 2023, the company aims to have installed gross renewable electricity generation capacity of 35 GW, with a longer-term objective of reaching 100 GW by 2030 to become one of the world’s top 5 producers of wind and solar energy.

As a global multi-energy company, TotalEnergies is committed to producing and marketing affordable, cleaner and more reliable energy that is accessible to as many people as possible.

Joining forces with Gentari will help TotalEnergies build the right ecosystem for growth in clean energy and net zero solutions, accelerating efforts towards achieving a sustainable energy future.

Cautionary Note

TotalEnergies: Important Information

Introduction

We advise our readers that this document may contain forward-looking information and statements that are based on a number of economic data and assumptions. These statements may prove to be inaccurate in the future and are subject to a number of risk factors. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities.

Neither TotalEnergies SE nor any of its subsidiaries assume any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events, or otherwise.

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