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Private investors still shy from Singapore renewable energy sector

Fitch says they're key to long-term growth but notes limited perks for such investors

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Solar panels at Changi Exhibition Centre. Fitch expects growth opportunities in renewables to be centred on the solar power segment due to government support and potential for small-scale deployment.

Singapore

GOVERNMENT efforts will support growth opportunities in Singapore's renewable power sector. However, uptake by private investors - key to long-term growth - remains "very subdued" due to limited incentives, financial or otherwise, to enter the market, said Fitch Solutions Macro...