REG-TotalEnergies SE Indonesia-Singapore: TotalEnergies and RGE Reach New Milestone in Large-Scale Solar and Battery Storage Project

TotalEnergies SEAnnouncement

30/05/2025 14:30

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Indonesia-Singapore: TotalEnergies and RGE Reach New Milestone in Large-Scale
Solar and Battery Storage Project


 * TotalEnergies and RGE have joined forces in a solar and battery project in
Indonesia

 * Today, the project was awarded a conditional licence by Singapore’s Energy
Market Authority to import 1 GW of Clean Firm Power to Singapore

 * The project will also supply electricity to local industry in Indonesia

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and RGE, a group operating in
the bio-based resources and energy sectors, are pleased to announce that
Singapore’s Energy Market Authority (EMA) has awarded their equally-owned
joint venture Singa Renewables (“Singa”) a conditional licence to import 1
GW of renewable power from Indonesia. Today, the partners also signed a
Memorandum of Understanding
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.sg%2Fnewsroom%2Ftotalenergies-rge-and-sgei-develop-singapore-indonesia-interconnector-electricity-imports&esheet=54262427&newsitemid=20250530229140&lan=en-US&anchor=Memorandum+of+Understanding&index=1&md5=5a46cc769d9e7a8f98a67425c5cba618)
with Singapore Energy Interconnections (SGEI) to jointly develop a subsea
interconnector, enabling electricity imports from Indonesia to Singapore.

The partners had previously signed a Co-Investment Agreement
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.sg%2Fnewsroom%2Ftotalenergies-and-rge-ink-co-investment-agreement-develop-solar-power-and-battery-energy&esheet=54262427&newsitemid=20250530229140&lan=en-US&anchor=Co-Investment+Agreement&index=2&md5=33ac3cfabe8515fb91b3188ea8f7bae7)
to develop, build and operate a hybrid renewable power plant comprising a
solar farm, Battery Energy Storage System (BESS), and a subsea cable in Riau
Province, Indonesia, during an official ceremony in Jakarta on May 28(th),
2025, in the presence of French President Emmanuel Macron and Indonesian
President Prabowo Subianto.

A flagship initiative for the decarbonization of local industries

The project will supply Clean Firm Power to energy-intensive consumers in
Singapore and to industrial complexes near the solar site in Riau Province,
Indonesia. Throughout the project’s development, the partners will harness
TotalEnergies’ global expertise in large-scale energy projects while
leveraging RGE’s wide footprint in Indonesia and Singapore.

“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,” said 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.”

“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 decarbonization goals as we remain focused on
creating lasting value for communities, markets, and governments alike.”

TotalEnergies and electricity

TotalEnergies is building a competitive portfolio that combines renewables
(solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to
deliver clean firm power to its customers. As of the end of March 2025,
TotalEnergies has 28 GW of installed gross renewable electricity generation
capacity and aims to reach 35 GW by the end of 2025, and more than 100 TWh of
net electricity production by 2030.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets
energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen,
renewables and electricity. Our more than 100,000 employees are committed to
providing as many people as possible with energy that is more reliable, more
affordable and more sustainable. Active in about 120 countries, TotalEnergies
places sustainability at the heart of its strategy, its projects and its
operations.

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Cautionary Note

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this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
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SE directly or indirectly owns a shareholding are separate legal entities.
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nor any of its subsidiaries assumes any obligation to update publicly any
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TotalEnergies’ financial results or activities is provided in the most
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is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).

TotalEnergies Contacts

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