French petroleum major TotalEnergies has signed an agreement with fellow fossil fuel company Petronas to develop a 100MW solar farm in Queensland, Australia.
Masdar has signed an agreement with Malaysian state-owned energy firm Petronas to explore the development of large-scale solar projects in Asia and the Middle East.
Sale plans by financial owner follows years of meteoric growth of firm owning 500MW PV portfolio for businesses in India, Middle East and South East Asia.
Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.
