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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

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.


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...