RGE, TotalEnergies to build solar-battery plant in Indonesia

JAKARTA, May 29, 2025 – RGE and TotalEnergies have signed a co-investment agreement to jointly develop a solar power plant with battery energy storage in Indonesia through their joint venture Singa Renewables, the companies said on Wednesday.

The project will be located in Riau Province and built in phases. It aims to supply green energy for domestic consumption and export solar energy to Singapore.

The signing ceremony took place on May 28, 2025 at the Presidential Palace in Jakarta. It was attended by Indonesian President Prabowo Subianto and French President Emmanuel Macron, marking strong government support from both nations.

“We are taking meaningful steps to advance regional connectivity and contribute to the acceleration of the energy transition in the region. Our Co-Investment Agreement reflects our strong alignment with Indonesia’s National Transformation Strategy (Asta Cita) – supporting green energy self-sufficiency and its bio-based resources industry through high value-added services,” RGE managing director Imelda Tanoto said.

“We aim to unlock long-term economic value for Indonesia by driving investment, develop Indonesia’s solar energy value chain and create skilled expertise in renewables,” she added.

“Our utility-scale project underscores TotalEnergies’ commitment to supporting the region’s energy transition efforts, while ensuring energy security,” TotalEnergies president Asia and executive committee member Helle Kristoffersen said.

“This project aims to drive the development of regional renewable energy infrastructure and advance the ASEAN Power Grid vision,” she added.

RGE (Royal Golden Eagle) is a Singapore-based global group of resource-based manufacturing companies. It operates in the fibre, palm oil, construction and energy sectors.

Its energy arm focuses on renewables, including solar and bioenergy, with projects across Asia supporting regional decarbonisation efforts.

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