TotalEnergies SE TTE and RGE JV disclosed that their equally-owned joint venture, Singa Renewables, has received a conditional license from Singapore’s Energy Market Authority (EMA).
This license permits Singa Renewables to import 1 GW of renewable power from Indonesia.
The partners also signed a memorandum of understanding with Singapore Energy Interconnections (SGEI) to jointly develop a subsea interconnector. This interconnector will facilitate the import of electricity from Indonesia to Singapore.
On May 28, in Jakarta, the partners signed a co-investment agreement to build and operate a hybrid renewable power plant in Riau Province, Indonesia. This plant will comprise a solar farm, a Battery Energy Storage System, and a subsea cable.
This project will supply Clean Firm Power to energy-intensive users in Singapore and industrial facilities situated close to the solar site in Indonesia’s Riau Province.
Helle Kristoffersen,…
