TotalEnergies and RGE Granted Conditional Approval to Import 1.0 Gigawatt of Solar Energy from Indonesia to Singapore
Indonesia/Singapore, 5 September 2024: TotalEnergies and RGE, through their joint venture Singa Renewables Pte Ltd (“Singa”), have been granted Conditional Approval (“CA”) from Singapore’s Energy Market Authority (“EMA”) to import 1.0-gigawatt (“GW”) of reliable solar photovoltaic (“PV”) energy from Indonesia to Singapore. The CA was announced by Dr. Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry of Singapore, during the Indonesia Sustainability Forum 2024 in Jakarta on 5 September 2024.
This approval marks a significant step towards enhancing regional energy cooperation and advancing renewable energy initiatives in Southeast Asia. The project will harness Indonesia’s abundant solar resources to generate clean energy, which will be exported to Singapore, contributing to its sustainability goals.
In addition, Singa will supply solar PV energy for Indonesia’s domestic consumption to power green industrial complexes in the Riau Province of Indonesia. This will support Indonesia’s plan to increase its deployment of renewable energy from 13% in 2023 to 31% by 2050 and its transition to net zero by 2060.
Olivier Jouny, Senior Vice President Renewables at TotalEnergies, said: “TotalEnergies is pleased to partner with RGE and contribute to Singapore and Indonesia’s energy transition goals. This project is aligned with TotalEnergies’ integrated power strategy aimed at delivering clean firm power through a combination of Solar and Battery Energy Storage System to its corporate customers via corporate Power Purchase Agreement.”
William Goh, Global Head of Renewable Energy at RGE added: “Together with TotalEnergies, we aim to provide a win-win solution for both Indonesia and Singapore by supplying green electricity to both countries to decarbonise their energy supply and achieve their energy transition goals. At the same time, our project can catalyse further investments and employment in the solar sector and contribute to the development of Indonesia’s solar energy supply chain.”
Committed to the successful execution of the project, TotalEnergies and RGE will leverage TotalEnergies' extensive global expertise in major utility-scale renewable projects through its regional headquarters in Singapore; RGE’s established presence in Indonesia and Singapore; and the combined financial strength of both organisations.
With the award of the Conditional Approval from EMA, TotalEnergies and RGE are accelerating the development of the project and working toward the successful delivery of green electricity to both Indonesia and Singapore.