Mr Desmond Choo asked the Deputy Prime Minister and Minister for Trade and Industry (a) what is Singapore’s current solar generation capacity; (b) what are the Ministry’s plans to grow the solar industry in Singapore; and (c) whether the Ministry will roll out any initiative to promote the take-up rate for fitting private residential properties with solar panels.
Mr Gan Kim Yong: Singapore is on track to achieving our solar deployment target of at least two Gigawatt-peak (GWp) by 2030. As of end-2023, we have achieved 1.17 GWp of installed solar capacity. As for the clean energy sector workforce, it is projected to grow from 1,500 in 2022 to at least 2,700 workers by 2032.
The Government has accelerated solar deployment through initiatives, such as the SolarNova programme, which aggregates demand for solar systems across the public sector, as well as floating solar on reservoirs. There are no plans to subsidise solar deployment in private residential properties. The cost of solar panels has decreased over time and solar energy is now generally cheaper than retail electricity prices.