SD Guthrie and Gamuda Energy to Develop 1.2 GW of Solar Projects with ESS in Malaysia
SD Guthrie Berhad and Gamuda Energy have signed a collaboration agreement to jointly develop, own and operate 1.2 GW of solar power projects with energy storage systems across Malaysia.
August 29, 2025. By Mrinmoy Dey
The collaboration leverages Guthrie's vast and strategically located land bank across Malaysia, and Gamuda's proven experience and technical expertise in delivering 3 GW pipeline of renewable energy (RE) projects across the Asia Pacific, noted the company in a statement.
It further added that with this synergy, the partners aim to capitalise on the surging demand for RE from high-quality offtakers, offering fast-tracked scalable RE supply, which will be critical to meet the sustainability objectives of industrial and data centre players in Malaysia.
Datuk Mohamad Helmy Othman Basha, Guthrie’s Group Managing Director said, “Renewable Energy is one of two new business verticals that we have identified as a growing pillar of Guthrie’s future. It is critical, both as a new and sustainable revenue stream and for our net-zero target. At a national scale, it will help to advance Malaysia's efforts to decarbonise its electricity sector. With Gamuda, we are continuing our strategy of partnering with established and experienced players to provide a strategic pathway for Guthrie to accelerate our expansion into these new verticals.”
With Guthrie's first 15 MW Corporate Green Power Programme (CGPP) solar plant in Bukit Selarong, Kedah, targeted to begin operations in the fourth quarter of 2025, Datuk Mohamad Helmy said this latest partnership is an opportunity to create value by meeting renewable energy demand from both public and private sector users under frameworks such as the Corporate Renewable Energy Supply Scheme (CRESS). The solar assets will further enhance the long-term value of Guthrie’s land portfolio.
“Gamuda is focused on growing our renewable energy infrastructure portfolio, particularly in Malaysia and Australia, across different renewable asset classes including solar, wind, hydro (including pumped hydro), battery energy storage systems and transmission projects with collectively over 3 GW of renewables in various stages of deployment,” remarked Basha.
In the first phase of the collaboration, both partners will identify Guthrie’s unproductive or under-utilised land assets nationwide to assess their potential for solar power development.
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