Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
RGE and TotalEnergies partner to develop a solar battery project in Indonesia, enhancing regional renewable energy infrastructure.
(Reuters) -Singapore's Royal Golden Eagle (RGE) and France's TotalEnergies said on Wednesday that their joint venture, Singa Renewables, would develop a utility-scale solar and battery project in Indonesia's Riau Province.
The project, to be built in phases, will supply green energy to power industrial complexes in the Riau Province and export solar power to Singapore, boosting domestic decarbonisation efforts and strengthening regional energy cooperation.
"This project aims to drive the development of regional renewable energy infrastructure and advance the ASEAN Power Grid vision," said Helle Kristoffersen, president of TotalEnergies Asia and a member of its executive committee.
The agreement was signed in the presence of Indonesian President Prabowo Subianto and French President Emmanuel Macron, the parties said in a joint statement.
They did not give any financial details or say when the project would be completed.
(Reporting by Roshan Thomas in Bengaluru; Editing by Savio D'Souza)
The project aims to supply green energy to industrial complexes in Riau Province and export solar power to Singapore, enhancing domestic decarbonisation efforts.
The project is a joint venture between Singapore's Royal Golden Eagle (RGE) and France's TotalEnergies, under the name Singa Renewables.
This project is intended to drive the development of regional renewable energy infrastructure and advance the vision of the ASEAN Power Grid.
The agreement was signed in the presence of Indonesian President Prabowo Subianto and French President Emmanuel Macron.
The parties did not disclose any financial details or specify when the project would be completed.
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