How much solar capacity has SD Guthrie secured under LSS4?

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SD Guthrie has secured 336 MW of solar capacity under LSS4

SD Guthrie has secured 336 MW of solar capacity through land leases for 12 projects under the Large-Scale Solar (LSS) 4 programme. This allocation represents 40 per cent of the total quota awarded for solar farms in the LSS4 initiative. The company has been involved in solar photovoltaic projects since 2018, initially leasing land for a 20-megawatt project under the LSS1 programme.
LSS4 Project Allocations

The company's participation in LSS4 involved leasing land for twelve distinct projects. These projects collectively amount to 336 MW, a significant portion of the LSS4 programme's capacity for solar farms. SD Guthrie strategically chose less productive land for these solar developments, prioritising its prime agricultural land for oil palm cultivation.
Expansion into Renewable Energy

SD Guthrie is actively expanding its footprint in the renewable energy sector, with aspirations to own approximately one gigawatt of power-generating assets within the next three to five years. This expansion strategy involves land leases, direct investment, and equity participation in solar projects. The company anticipates an investment of RM2.5 billion to achieve this target.
Financial Returns and Future Bidding

On a project basis, these solar investments are projected to deliver a high single-digit return on investment, estimated between eight and nine per cent. Beyond LSS4, SD Guthrie is also leveraging the Corporate Green Power Programme (CGPP), having leased 11 sites for projects totalling 227 MW. Furthermore, the company plans to bid for an additional three sites in the upcoming LSS5 programme, indicating a continued commitment to growth in the solar energy market.

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How much solar capacity has SD Guthrie secured under LSS4?

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