Singapore uses TotalEnergies and RGE JV to build a subsea connection for clean energy imports from Indonesia
A Singapore government appointed company will develop a submarine interconnector for the low-carbon electricity imported from Indonesia. Singa Renewables is a joint venture of Royal Golden Eagle (RGE), France's TotalEnergies and Royal Golden Eagle.
Singapore Energy Interconnections, a company appointed to oversee development of interconnections allowing electricity imports to Singapore by the Singapore Government, announced on Friday it had signed a Memorandum of Understanding with Singa Renewables.
The companies didn't provide any financial information or mention when the project will be completed.
The companies stated that the project will support Singapore's goal of importing six gigawatts (or more) of low-carbon energy by 2035, and it will strengthen its partnership with Indonesia to help realise the vision of ASEAN Power Grid.
Singa Renewables announced in a separate press release that it had been granted a conditional license by Singapore's Energy Market Authority for the importation of up to 1 gigawatt solar photovoltaic power from Indonesia to Singapore.
Earlier this week, Singapore-headquartered bio-based resources and energy group RGE and TotalEnergies announced that Singa Renewables would develop a utility-scale solar and battery project in Indonesia's Riau Province.
(source: Reuters)