The government is raising Singapore’s 2030 solar deployment target to 3 gigawatt-peak (GWp), after it met its 2 GWp target ahead of schedule, Finance Minister and Prime Minister Lawrence Wong said in his Budget speech on Thursday (12 February).
“We will continue to maximise solar deployment across all viable surfaces, and progressively set more ambitious targets further into the future,” he said.
He noted that Singapore’s path to net-zero as a small, resource-constrained country will depend heavily on technological breakthroughs and sustained international cooperation.
This could mean an uneven transition, but one driven by efforts that are “credible, forward-looking, and aligned with global realities”.
Beyond solar energy, the Republic is pushing forward on plans to import low-carbon electricity from the region.
These plans are in various stages of development, PM Wong said, adding that while not all will materialise, those that do will help to reduce Singapore’s carbon footprint and strengthen its energy resilience.
The government is also exploring how to further diversify its energy mix, such as through hydrogen, geothermal energy, or civilian nuclear power. Singapore is building nuclear energy capabilities, to assess its safety and viability, he said.
He added that the city-state has initiated coordination with the US and France, and is discussing similar arrangements with other partners such as South Korea.
