Sustainability > Singapore Aerospace Industry Solar Adoption Report 2023 > Introduction

The Singapore Government has set a goal of installing at least 2 Gigawatt-peak (GWp) of solar photovoltaic (PV) power by 2030. The plan is for eventually 10 per cent of projected electricity demand in 2050 to be met by solar energy. In January 2024, Minister for Sustainability and the Environment, Ms Grace Fu, updated that Singapore had doubled its solar power deployment since 2021 to over 1,000 Megawatt-peak(MWp)[1] and therefore on track to meet the 1,500 MWp intermediate goal of solar deployment by 2025. She noted that the private sector was the driving force behind the growth in solar deployment.

Source: Singapore Solar Photovoltaic Report 2Q 2023, Energy Market Authority, 20 October 2023.

The Singapore Aerospace Industry Solar Adoption Report 2023 is the second publication on the industry’s contribution to this national goal. This report includes insights from companies which have embarked on their solar adoption journey, in the hope that companies from all industries can learn and prepare themselves in the transition to a low-carbon energy economy. As in the case of the first report, this is a collaboration between the Association of Aerospace Industries (Singapore) (AAIS) and JTC Corporation (JTC).

[1] Channel News Asia, “Singapore more than halfway to its 2030 solar power deployment target: Grace Fu”, 10 Jan 2024.