Singapore Renewables Sector Report 2024-2025

At the United Nations Framework convention on Climate Change (UNFCCC) in October 2022, Singapore committed to achieving net zero emissions by 2050. For 2030, the country has set the target for Greenhouse Gas (GHG) emissions at 60mn tonnes. As of 2023, 94% of the electricity generated in Singapore is produced by fossil fuels (natural gas) and the country's GHG emissions stand at 70.5mn tonnes. In view of its international commitments, Singapore undertakes climate change mitigation strategies that are set forth in the Singapore Green Plan 2030. Under it, the country intends to focus on the development of solar energy, energy storage systems, as well as importing renewable energy from neighbouring states via regional power transmission facilities.

This report provides a complete and detailed analysis of the "Renewable energy" sector for Singapore. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Renewable energy" sector in Singapore
• Crystallise the forces both driving and restraining this sector in Singapore
• Ascertain Singapore’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Singapore.
• Build a clear picture of trends, output and consumption for specific sub-sectors