Solar PV poised for large scale growth in Singapore – Business Opportunities open to UK players

Singapore’s economic growth is supported by action on energy efficiency and investment in low carbon energy infrastructure as it continues to set the bar for best practice across the south East Asia region in the reduction of CO2 emissions.  

Due to Singapore’s land limitations and tropical climate, Solar PV is poised to become the primary adopted renewable energy source with opportunities set to emerge over the next few years. Moving forward, the pace of development of photovoltaic in Singapore will be most importantly influenced by:

• Availability of space for PV installations

• Technological advancements leading to cost reduction of PV electricity

• Reliable integration of the variable solar power generation into the electric grid

Some large solar PV projects have been recently led by the public utilities Board (PUB) and the Housing Development Board (HDB). Tenders appear on the Government e-procurement portal GeBIZ https://www.gebiz.gov.sg/

UK businesses with expertise in solar should be encouraged to leverage on this growing opportunity within the Singapore market and can read further about this in Singapore’s energy roadmap for solar  found here:  http://bit.ly/techroadmaps

Singapore International Energy week will be held from 27th to 30th this year and is a platform run by the Energy Market Authority comprising of an exhibition and a number of collocated conferences. Players in solar may be interested to check out RE@SIEW, the renewable portion of the event. You can find out more here: http://www.siew.sg/programme/conferences/renewables@siew/re@siew-expo

If you are a UK company looking for support in securing a local  partner in Singapore or you wish to be linked up with key government agencies, you can  get in touch with the British High Commission at post who can assist you with a route to market by contacting Nicola.hewett@fco.gov.uk

Sectors: Renewable Energy and Solar
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