[SMM PV News] Singapore Surpasses 2 GW Solar Capacity
Singapore added 504 MW of solar in 2025, bringing its cumulative capacity to 2,093 MW and surpassing its original 2030 target ahead of schedule. Driven by increasing cost-competitiveness and government-led initiatives like SolarNova, the market saw 3,400 new installations last year, with rooftop solar accounting for over 80% of total capacity. Despite land constraints, rising electricity prices due to gas volatility are expected to further stimulate residential demand in 2026. To reach its revised 3 GW goal, Singapore is increasingly focusing on cross-border interconnections with neighboring nations and energy storage to bypass domestic space limitations.