Malaysia’s Petronas venture arm invests in renewable energy startup

Malaysia’s Petronas venture arm invests in renewable energy startup

FILE PHOTO: A Petronas logo at their office in Kuala Lumpur, Malaysia August 15, 2017. REUTERS/Lai Seng Sin

Malaysia’s state oil and gas giant Petronas on Monday said its corporate venture capital arm, Petronas Ventures, has inked an agreement with SOLS Energy Sdn Bhd to invest in the solar photovoltaic (PV) system startup.