Guthrie and Gamuda Form Strategic Partnership to Develop 1.2GW of Solar Power Assets in Malaysia

SD Guthrie Berhad (Guthrie) has signed a collaboration agreement with Gamuda Energy Sdn Bhd (Gamuda) to jointly develop, own, and operate solar power projects—including energy storage systems—with a combined target capacity of 1.2 gigawatts (GW).

The partnership combines Guthrie’s extensive land bank across Malaysia with Gamuda’s technical expertise and a renewable energy (RE) pipeline exceeding 3GW across the Asia Pacific. Together, the companies aim to meet the growing demand for renewable energy from high-quality offtakers, particularly industrial and data centre operators seeking scalable, fast-tracked clean power solutions.

“Renewable energy is one of two new business verticals that we have identified as a pillar of Guthrie’s future,” said Datuk Mohamad Helmy Othman Basha, Group Managing Director of Guthrie. “It is critical both as a sustainable revenue stream and in supporting our net-zero ambitions. At the national level, it advances Malaysia’s push to decarbonise its electricity sector.”

Guthrie’s first solar project under the Corporate Green Power Programme (CGPP)—a 15MW plant in Bukit Selarong, Kedah—is scheduled to begin operations in the fourth quarter of 2025. The new partnership, Helmy added, will create value by supplying renewable energy under frameworks such as the Corporate Renewable Energy Supply Scheme (CRESS), while enhancing the long-term value of Guthrie’s land portfolio.

Gamuda, which has delivered large-scale solar farms in Malaysia and overseas, said the collaboration strengthens its renewable infrastructure portfolio, which spans solar, wind, hydro, pumped hydro, battery storage, and transmission projects. “Our joint venture with Guthrie, which owns the largest nationwide landbank for RE deployment, uniquely positions us to deliver renewable energy solutions at scale,” the company noted, citing its partnerships and stake in ERS Energy as additional strengths.

In the first phase of the collaboration, Guthrie and Gamuda will identify underutilised land assets suitable for solar power development.