TotalEnergies, RGE Secure Conditional Licence to Export 1GW of ReEnergy from Indonesia to Singapore

SINGAPORE, June 3, 2025 – In a major step forward for regional energy cooperation, TotalEnergies and Royal Golden Eagle (RGE) have announced that their joint venture, Singa Renewables, has been awarded a conditional licence by Singapore’s Energy Market Authority (EMA) to import 1 gigawatt (GW) of clean firm power from Indonesia to Singapore.

The announcement, made last week, represents a critical milestone in the development of one of Southeast Asia’s most ambitious cross-border renewable energy projects. The initiative will see the construction of a large-scale hybrid renewable power facility in Indonesia’s Riau Province, combining solar power generation with a Battery Energy Storage System (BESS) and supported by a subsea interconnector to transmit electricity to Singapore.

The joint venture partners also signed a Memorandum of Understanding (MoU) with Singapore Energy Interconnections (SGEI) to co-develop the interconnection infrastructure required for the project.

Clean Power for Singapore and Local Industry

The project will supply clean firm power to Singapore’s energy-intensive sectors, while also providing electricity to nearby industrial hubs in Indonesia’s Riau Province. The partnership seeks to align with both Singapore’s net zero ambitions and Indonesia’s efforts to boost sustainable industrial growth.

“This project will contribute to Singapore’s goal of reaching net zero emissions by 2050, while supporting Riau Province’s economic development in Indonesia,” said Helle Kristoffersen, President Asia and Executive Committee Member at TotalEnergies. “It also reflects TotalEnergies’ ongoing commitment to ASEAN’s energy transition and regional energy security.”

TotalEnergies brings its global experience in managing large-scale energy infrastructure, while RGE contributes deep regional knowledge and operational presence across Indonesia and Singapore. The two companies had earlier formalised their collaboration through a Co-Investment Agreement signed on 28 May in Jakarta, during a high-profile ceremony witnessed by French President Emmanuel Macron and Indonesian President Prabowo Subianto.

A Flagship for ASEAN Energy Transition

“This conditional licence is a key milestone that affirms our role in advancing the region’s collaboration and decarbonisation goals,” said Imelda Tanoto, Managing Director at RGE. “We are doing our part to accelerate the region’s clean energy transition while creating lasting value for communities, markets, and governments alike.”

The project is among several being developed to help Singapore meet its target of importing up to 4 GW of low-carbon electricity by 2035. It also highlights growing momentum across ASEAN to integrate renewable energy into cross-border grids, creating a more resilient and sustainable regional power network.

If fully realised, the project will stand as one of the largest renewable energy and transmission partnerships in the region — and a significant example of public-private collaboration in the global drive toward decarbonisation.