RGE and TotalEnergies team up for solar, energy storage project in Indonesia
The project is under a develop, build, and operate arrangement.
RGE and TotalEnergies, through their equally owned joint venture Singa Renewables, have entered into a co-investment agreement for a solar power plant with battery energy storage system (BESS) in Riau Province, Indonesia.
In a joint statement, the companies said the utility-scale project, which is under a develop, build, and operate deal, will be constructed in phases.
“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,” said Imelda Tanoto, managing director at RGE.
Helle Kristoffersen, president Asia and member of the executive committee at TotalEnergies, also said the “project aims to drive the development of regional renewable energy infrastructure and advance the ASEAN Power Grid vision.”
Upon completion, the project will supply clean power to green industrial complexes in Riau Province. Solar energy will also be exported to Singapore.