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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 to Singapore. The announcement was made by Singapore’s Minister for Manpower and Second Minister for Trade and Industry, Dr. Tan See Leng, during the Indonesia International Sustainability Forum 2024.
This marks a crucial milestone in advancing renewable energy cooperation within Southeast Asia, utilizing Indonesia’s vast solar resources. The imported clean energy will contribute to Singapore’s sustainability objectives, enhancing its renewable energy supply.
Beyond the export to Singapore, Singa will also provide solar PV energy for Indonesia’s domestic needs, specifically to power green industrial complexes in the Riau Province. This aligns with Indonesia’s ambitious goal of increasing its renewable energy usage from 13% in 2023 to 31% by 2050.
Olivier Jouny, Senior Vice President of Renewables at TotalEnergies, expressed enthusiasm for the partnership, stating that the project supports both Singapore and Indonesia’s energy transition goals. He emphasized the project’s role in providing clean power to corporate customers via Power Purchase Agreements.
William Goh, Global Head of Renewable Energy at RGE, echoed these sentiments, highlighting the potential for further investments and job creation within Indonesia’s solar sector, alongside the benefits of decarbonizing energy supplies for both countries.
With the EMA’s Conditional Approval, TotalEnergies and RGE plan to expedite the project’s development. Both companies aim to leverage TotalEnergies’ global experience in renewable projects and RGE’s regional presence in Indonesia to ensure the successful delivery of solar energy to both nations. |
