SGEI and Singa plan subsea electricity link from Indonesia to Singapore
Singapore Energy Interconnections (SGEI) and Singa Renewables, a joint venture between TotalEnergies and RGE, have formalised a memorandum of understanding (MoU) for the joint development of a subsea electricity interconnector between Singapore and Indonesia.
The collaboration aims to enhance regional energy integration and the growth of renewable energy within the ASEAN region.
The MoU was presented in the presence of government officials from Singapore and France during French President Emmanuel Macron's state visit to Singapore.
TotalEnergies Renewables APAC head of business development Gregory Thomassin stated: '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.'
The agreement outlines the joint effort in planning, financing, constructing and maintaining the interconnector assets for low-carbon electricity imports to Singapore from Indonesia.
The interconnector project is central to Singapore's aim of importing up to six gigawatts (GW) of low-carbon electricity by 2035.
SGEI CEO Ong Teng Koon stated: 'SGEI is pleased to partner with Singa and bring together our complementary strengths to develop an interconnector between Singapore and Indonesia.
'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.'
The initiative also bolsters the ASEAN Power Grid (APG) vision, which seeks to interlink the power systems of member states, fostering cross-border electricity trade and improving energy access across the region.
RGE global head of renewable energy William Goh stated: '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.'
The Energy Market Authority (EMA) of Singapore has granted Singa Renewables a conditional licence to import 1GW of renewable energy from Indonesia.
This follows a co-investment agreement between the companies to develop a hybrid renewable power plant in Indonesia's Riau Province.
The planned power plant will supply clean energy to Singapore and to industrial areas near the solar site in Indonesia.
"SGEI and Singa plan subsea electricity link from Indonesia to Singapore" was originally created and published by Power Technology, a GlobalData owned brand.
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