Singapore's solar deployment on track to hit 2030 target: Energy Market Authority

Singapore's solar deployment has grown significantly, with its installed capacity increasing by about 10 times in the last seven years. The Energy Market Authority says the country is on track to achieve its goal of at least two gigawatt-peak of solar deployment by 2030. And while Singapore's electricity tariffs continues to be driven by gas prices, the falling costs of solar panels may offer a solution in bringing prices down.

Singapore's solar deployment has grown significantly, with its installed capacity increasing by about 10 times in the last seven years. The Energy Market Authority says the country is on track to achieve its goal of at least two gigawatt-peak of solar deployment by 2030. And while Singapore's electricity tariffs continues to be driven by gas prices, the falling costs of solar panels may offer a solution in bringing prices down.

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