RGE and TotalEnergies win licence to import solar power to SG

The deal involves the import of up to 1GW of solar energy from Indonesia to Singapore. 

RGE and TotalEnergies, through their joint venture Singa Renewables Pte Ltd, have been granted a conditional licence by Singapore’s Energy Market Authority (EMA) to import up to 1 gigawatt (GW) of solar energy from Indonesia to Singapore.

The announcement was made on 30 May during the state visit of French President Emmanuel Macron to Singapore.

The conditional licence was presented by Mr Puah Kok Keong, Chief Executive of EMA, in the presence of Singapore’s Minister for Manpower and Minister-in-charge of Energy and Science & Technology, Dr Tan See Leng, and France’s Minister of Economy, Finance and Industry, His Excellency Eric Lombard, according to a joint statement by the companies.

As part of the cross-border project, Singa Renewables also signed a Memorandum of Understanding with Singapore Energy Interconnections Pte Ltd (SGEI), a government-appointed company.

The partnership aims to jointly develop a subsea interconnector to enable electricity imports from Indonesia to Singapore. Both agreements are intended to enhance regional power connectivity and promote renewable energy development in ASEAN.

The project is expected to contribute to Singapore’s target of importing around 6 GW of low-carbon electricity by 2035, whilst also supplying clean electricity to green industrial complexes in Indonesia’s Riau Province.

In turn, the project supports Indonesia’s goal of increasing its renewable energy share to 31% by 2050 from 13% in 2023.