TotalEnergies and RGE Receive Conditional Approval for Solar Energy Imports to Singapore

TotalEnergies and RGE, through their joint venture Singa Renewables Pte Ltd, have received Conditional Approval from Singapore’s Energy Market Authority (EMA) to import 1.0 gigawatt (GW) of solar photovoltaic (PV) energy from Indonesia. The announcement was made by Dr. Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry, at the Indonesia International Sustainability Forum 2024.

This approval represents a significant step forward in renewable energy collaboration in Southeast Asia, leveraging Indonesia’s extensive solar resources. The imported solar energy will support Singapore’s sustainability goals and enhance its renewable energy supply.

In addition to exporting energy to Singapore, Singa Renewables will also provide solar PV power for domestic use in Indonesia, particularly for green industrial complexes in Riau Province. This supports Indonesia’s target to increase its renewable energy share from 13% in 2023 to 31% by 2050.

Olivier Jouny, Senior Vice President of Renewables at TotalEnergies, expressed excitement about the project, noting its importance for both Singapore and Indonesia’s energy transitions. He highlighted the project’s role in delivering clean power to corporate customers through Power Purchase Agreements.

William Goh, Global Head of Renewable Energy at RGE, emphasized the potential for additional investments and job creation in Indonesia’s solar sector, as well as the benefits of decarbonizing energy supplies for both countries.

With the EMA’s Conditional Approval, TotalEnergies and RGE will accelerate the project’s development. The companies plan to combine TotalEnergies’ global expertise with RGE’s regional experience to successfully deliver solar energy to both nations.