Press release
Singapore
Singapore, May 30, 2025 – Singapore Energy Interconnections Pte Ltd (SGEI), a newly incorporated company appointed by the Singapore Government to oversee the development of interconnections, and Singa Renewables Pte Ltd (“Singa”), a joint venture between TotalEnergies and RGE, signed a Memorandum of Understanding (MOU) to jointly develop a subsea interconnector to enable electricity imports from Indonesia to Singapore.
This partnership marks a significant step towards enhancing regional power connectivity and sparking growth for the renewable energy sector in the ASEAN region. The presentation of the MOU was witnessed by Dr Tan See Leng, Singapore’s Minister for Manpower and Minister- in-charge of Energy and Science & Technology and His Excellency Mr Eric Lombard, Minister of the Economy, Finance and Industrial and Digital Sovereignty, France, in conjunction with the state visit by France President Emmanuel Macron to Singapore.
Central to the MOU is the joint exploration of the planning, development, financing, construction, operation, and maintenance of a subsea interconnector and associated interconnector assets for low-carbon electricity imports from Indonesia into Singapore. Under the MOU, both companies will collaborate on the development, ownership and operations of the interconnector that enables the import of low-carbon electricity from Indonesia to Singapore.
"SGEI is pleased to partner with Singa and bring together our complementary strengths to develop an interconnector between Singapore and Indonesia", said Ong Teng Koon, Chief Executive Officer of SGEI. "The interconnector project will play a crucial role in enabling clean energy imports into Singapore while contributing to win-win outcomes for Indonesia and Singapore."
“We welcome SGEI to the Singa Project, enhancing the resilience and viability of the interconnector and the entire project. Our combined expertise will improve energy access and security for Indonesia and Singapore, ensuring a reliable and sustainable energy future”, stated Gregory Thomassin, Head of Business Development, Renewables APAC, at TotalEnergies.
“In partnering with Singapore Energy Interconnections, we look forward to advancing the development of critical infrastructure to deliver reliable, low-carbon energy to Singapore and enable a greener and more connected energy future for the region”, said William Goh, Global Head of Renewable Energy at RGE.
The interconnector project supports Singapore's target of importing up to 6 gigawatts of low-carbon electricity by 2035 and strengthens its partnership with Indonesia in contributing to realising the vision of the ASEAN Power Grid (APG). The APG is an initiative to integrate the power systems of ASEAN member states. The APG project is expected to enhance electricity trade across borders to help meet the rising electricity demand and improve access to energy services in the region for the benefit of all member states.
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About TotalEnergies in Singapore
Present in Singapore for over 40 years with more than 600 staff, TotalEnergies’ activities range from regional headquarters, manufacturing, and research & development. Business divisions represented include Exploration & Production, Gas, Renewables & Power, Trading & Shipping, Marketing & Services (including the largest EV charging network in Singapore, TotalEnergies’ largest lubricants blending plant worldwide, and global headquarters of TotalEnergies Marine Fuels). Singapore also houses Saft batteries, and Hutchinson’s research and development activities. Visit: https://totalenergies.sg/
About Singapore Energy Interconnections (SGEI)
Singapore Energy Interconnections Pte Ltd (SGEI) is appointed by the Singapore Government to specialise in developing and operating cross-border interconnections to enable electricity imports into Singapore. As a key enabler of Singapore's energy transition, SGEI works closely with industry partners and government stakeholders to ensure the technical and commercial viability of regional power interconnectivity. The company will pursue commercial partnerships, joint ventures, and strategic collaborations that advance Singapore's vision for a more sustainable and resilient energy future. For more information, visit https://www.linkedin.com/company/singapore-energy-interconnections/
About RGE
Headquartered in Singapore, RGE is a global group of companies in the bio-based resources and energy sectors, serving over 100 markets worldwide. With more than US$35 billion in assets and a workforce of 80,000 employees, our operations span across Indonesia, China, Brazil, Canada, Spain and Malaysia. As a global leader in sustainable natural fibres, edible oils, green packaging, and cleaner energy solutions, we play a vital role in feeding, clothing, and improving the lives of billions every day.
We build lasting businesses by integrating sustainability as an enabler of growth while advancing a nature-positive, greener future. Established in 1973, we have remained committed to sustainable development, conservation, and community empowerment, guided by our 5Cs philosophy of doing what is good for the Community, Country, Climate, Customer, and only then will it be good for the Company.
Together with Moeve (formerly Cepsa) in Spain, RGE is constructing Southern Europe’s largest 2G biofuels plant to transform waste and residue and used cooking oil into Sustainable Aviation Fuel (SAF). Scheduled to commence production in 2026, the plant will produce up to 500,000 tons of SAF and renewable diesel – which can prevent 3 million tonnes of CO2 emissions per year. In 2024, RGE’s joint venture with TotalEnergies received Conditional Approval from the Energy Market Authority of Singapore to import solar energy from Indonesia to Singapore. This initiative also includes a domestic component to power green industrial complexes in Riau, Indonesia, marking a significant step towards advancing renewable energy initiatives and cooperation in Southeast Asia.
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 and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide 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.
TotalEnergies Contacts
Lili Koh
Email: [email protected]
Singapore Energy Interconnections Pte Ltd Contact
Peh Cheng Hwee
Email: [email protected]
RGE Contact
Andrew Ang
Email: [email protected]
TotalEnergies on social media
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Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which 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).