Climate challenges call for smart solutions, & Petronas & AIQ are ensuring digital solutions are available industry wide says Omar Al Marzooqi, AIQ CEO
Global energy group Petronas is headquartered in Malaysia and operates in over 100 countries, offering a portfolio including cleaner conventional and renewable resources and a ready range of advanced products and adaptive solutions.
Sustainability is at the core of Petronas as it works to harness the good in energy to elevate and enrich lives, utilising strong partnerships to drive passion for innovation to progress towards the future of energy sustainability.
“In terms of how investors view asset values, pure play renewables companies command a valuation premium over utilities having lower levels of renewables in their mix, suggesting that their focus on renewables as a concentrated strategy has paid off,” said Ramnath N Iyer, lead author of the analysis released on Tuesday.
Solar Philippines, whose business strategy focuses on renewables, has grown rapidly. Within 18 months of its listing in 2021, the firm attracted a hefty investment from an established group.
Investors value each megawatt (MW) from Solar Philippines at US$ 5 million (P289.4 million) based on its market capitalisation and megawatts in operation as of August 4.
This article is from Energy Digital