SD Guthrie Berhad (Guthrie) and Gamuda Energy have signed an agreement to jointly develop, own, and operate solar power projects with energy storage systems, in Malaysia. These projects will have a combined capacity of 1,200 MW. The partnership will utilise Guthrie’s land resources across Malaysia along with Gamuda’s experience in renewable energy development in the Asia Pacific region.
As a part of the agreement, in the first phase, both companies will identify Guthrie’s under-utilised land across the country to evaluate their suitability for solar project development. Further details on the implementation of the partnership will reportedly be announced at a later stage.
In July 2025, Gamuda Energy signed an agreement with the Downie family to co-develop over 600 MW of wind and solar projects along with 600 MW of battery storage projects in Central Tasmania, Australia. The company will take an equity stake in the portfolio, secure development rights, and deliver the projects under engineering, procurement, and construction contracts..