Malaysia ยท 2 Oct 2026

A US tech company booked Malaysian firm solar for its data centres - 680 MW of panels and a four-hour battery, on a twenty-one year term sheet

Gamuda, SD Guthrie and Gentari's G3nerasi Kinta signed a term sheet for a proposed 21-year bilateral energy supply contract under CRESS. Perak plant: at least 680 MWac solar plus a four-hour battery, aimed at a US technology company's Malaysian data centres. COD target 2029. Definitive CRESS papers targeted for Q1 2027.

A data-centre buyer in Malaysia that wants solar through the public wires still faces the same hard question as a factory: will the power show up when the site needs it, or only when the sun is high?

Bursa filings covered by The Sun (29 Sep 2026) and The Star (29 Sep 2026) say G3nerasi Kinta Sdn Bhd - owned by Gamuda (33%), SD Guthrie Renewable Energy (33.5%) and Gentari Renewables (33.5%) - entered a term sheet on 28 September for a proposed bilateral energy supply contract (BESC) under Malaysia's Corporate Renewable Energy Supply Scheme (CRESS). The buyer is described as a multinational technology company headquartered in the US. The project is a utility-scale solar plant in Perak with a minimum net registered capacity of 680 MWac, paired with a four-hour battery energy storage system. The proposed BESC runs 21 years from commercial operation. COD is targeted for 2029. The companies estimate gross revenue for GKinta above RM10 billion over that offtake period.

CRESS is the third-party access path that lets a renewable developer sell straight to a corporate green buyer over Tenaga's grid. This desk already translated the firm system-access fee and the four-hour firming bar in the 23 Sep Malaysia note. Today's filing is the next chapter: a named hybrid plant size, a named contract length, and a named buyer class - data centres - still sitting at term-sheet stage.

Analogy: locking a long lease on a warehouse fridge before the fridge is built. The term sheet says how cold, how long, and who pays. The signed lease and the grid access paper still sit ahead.

Good: published minimum solar size (680 MWac), published battery duration (four hours), published offtake length (21 years from COD), published COD target (2029), and a published path under CRESS. That is procurement language - term, firming hardware, and scheme - not a brochure.

Bad: this is a term sheet, not the finished BESC. The Sun and The Star both say execution of the BESC and relevant CRESS agreements is targeted for the first quarter of 2027, and COD in 2029 still depends on a Renewable Energy Supply Access Agreement with Tenaga Nasional and the required CRESS approvals. The US buyer is not named on these pages. The battery's megawatt power rating is not published as a separate figure on the cited filings - only "four-hour BESS" beside the 680 MWac solar. We will not invent the missing megawatts, the SAC on this deal, or a site payback.

Ugly: gross revenue above RM10 billion is the consortium's estimate for GKinta over 21 years - not your factory bill and not a locked cheque. Funding is project finance plus equity in proportion to the stakes. Until definitive papers and financial close land, the offtake is intent on paper.

Soft next step: if your Malaysia brief asks how a corporate buyer books firm solar-plus-battery under CRESS, start with the hours the site uses power and the battery duration the scheme labels as firm - then a short consult at Sovryn Energy /consult if you want that contract shape read against your meter.

Source: The Sun, 29 Sep 2026 - Gamuda, SD Guthrie, Gentari sign term sheet for 680MW solar-BESS project. Cross-checked The Star, 29 Sep 2026 (term sheet dated 28 Sep; 21-year BESC; COD 2029; Q1 2027 definitive target; >RM10bn GKinta gross revenue estimate). No buyer legal name, separate BESS MW, SAC dollar, or site payback on these pages.