TotalEnergies & RGE: Indonesia’s Green Energy For Singapore
A major clean energy initiative is underway between France’s TotalEnergies and Asia’s Royal Golden Eagle (RGE), marking a significant step forward in regional decarbonisation.
Through their joint venture, Singa Renewables, the two companies have received a conditional licence from Singapore’s Energy Market Authority (EMA) to import 1 GW of clean firm power from Indonesia, with electricity also supplying local industries in Riau Province.
The project is demonstrating the growing importance of transnational collaboration in meeting net zero goals.
Collaborating for regional sustainability
Announced in the presence of French President Emmanuel Macron and Indonesian President Prabowo Subianto, the project reflects both political will and private sector ambition.
The partners signed a Memorandum of Understanding with Singapore Energy Interconnections (SGEI) to jointly develop the subsea interconnector, enabling electricity imports from Indonesia to Singapore.
The partners also signed a Co-Investment Agreement to develop, build and operate a hybrid renewable power plant comprising a solar farm, Battery Energy Storage System (BESS) and a subsea cable in Indonesia.
The collaboration represents not just an energy infrastructure development, but a strategic alignment between public policy and corporate climate action.
“We are doing our part to accelerate the region’s clean energy transition,” said Imelda Tanoto, Managing Director at RGE.
“The Conditional Licence is a key milestone that affirms our role in advancing the region’s collaboration and decarbonisation goals as we remain focused on creating lasting value for communities, markets, and governments alike,” explains Imelda Tanoto, Managing Director at RGE.
Clean power at scale
TotalEnergies brings deep experience in developing large-scale hybrid projects that combine renewables and energy storage.
As of March 2025, it had 28 GW of installed renewable generation capacity with aims to reach 35 GW by the end of 2025.
The company’s long-term strategy prioritises a shift to low-carbon energy.
By 2030, TotalEnergies plans to generate more than 100 TWh of electricity and reach 100 GW of renewable capacity.
By 2050, it aims for 50% of its energy portfolio to come from renewable electricity and 25% from low-carbon molecules such as hydrogen and biogas.
“I would like to thank the Singapore authorities for granting the necessary licences for this landmark electricity import project, that we are pleased to develop with our partner RGE,” says Helle Kristoffersen, President Asia and Executive Committee Member at TotalEnergies.
“The project will contribute to Singapore’s goal of reaching net zero emissions by 2050, while supporting Riau Province’s economic development in Indonesia.
“This initiative also illustrates TotalEnergies’ commitment to ASEAN’s energy transition and security of supply.”
This regional project aligns with TotalEnergies’ decarbonisation objectives, including a 60% reduction in methane emissions from operated facilities by 2025.
The company is also limiting Scope 1 and 2 emissions to below 37 million tonnes of CO₂e.
Sustainability in Indonesia and Singapore
The partnership with RGE supports Indonesia’s expanding renewable energy ambitions.
Under the government’s latest electricity supply plan (RUPTL 2025–2034), Indonesia aims to add nearly 70 GW of new power capacity, with more than three-quarters from renewable sources and storage.
Solar alone accounts for 17.1 GW of this growth.
Indonesia’s targets include reaching 23% renewables in the national energy mix by 2025, rising to 41% by 2040.
Yet the country faces challenges, with coal still dominating the power mix and investment barriers slowing project development.
The collaboration with TotalEnergies and RGE offers a model for how international partnerships can accelerate progress.
For Singapore, cross-border electricity imports are vital to achieving its net zero goal by 2050.
The nation is investing heavily in regional power integration projects, such as the Laos, Thailand, Malaysia, Singapore Power Integration Project, while also expanding green finance and clean energy research.
With this landmark solar and battery initiative, TotalEnergies, RGE and their government partners are charting a new course for clean energy collaboration in Southeast Asia.
Explore the latest edition of Sustainability Magazine and be part of the conversation at our global conference series, Sustainability LIVE.
Discover all our upcoming events and secure your tickets today.
Sustainability Magazine is a BizClik brand
