A Singapore government-appointed company will develop a subsea interconnector with Singa Renewables, a joint venture between Royal Golden Eagle (RGE) and TotalEnergies, for low-carbon electricity imports from Indonesia. This was announced on May 30, 2025.
This project represents a significant step in Singapore's energy diversification and decarbonization efforts, securing a long-term supply of clean power. For TotalEnergies, it solidifies a major customer win and expands its integrated power business in Southeast Asia.
For investors, this initiative highlights TotalEnergies' ability to secure large-scale infrastructure projects and long-term power sales agreements. It reinforces the company's role in regional energy transition and its capacity to deliver complex, cross-border clean energy solutions.
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