Renewable Energy in Singapore

May 2026 | 45 pages | ID: RC0C0F55336EN
MarketLine

Abstracts

Summary

Renewable Energy in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The renewable energy market includes the net generation of electricity through renewable sources. The market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
• The Singaporean renewable energy market recorded a value of $503.1 million in 2025, representing a compound annual growth rate (CAGR) of 27.1% between 2020 and 2025.
• Market production volume increased with a CAGR of 18.9% between 2020 and 2025, reaching a total of 3,387.9 GWh in 2025.
• In 2025, the value of the Singaporean renewable energy market grew by 34.8% due to increased renewable electricity installed capacity across the country.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Singapore
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Singapore
• Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Singapore renewable energy market with five year forecasts

Reasons to Buy

• What was the size of the Singapore renewable energy market by value in 2025?
• What will be the size of the Singapore renewable energy market in 2030?
• What factors are affecting the strength of competition in the Singapore renewable energy market?
• How has the market performed over the last five years?
• What are the main segments that make up Singapore's renewable energy market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market Value
1.2. Market Value Forecast
1.3. Market Volume
1.4. Market Volume Forecast
1.5. Category Segmentation
1.6. Geography Segmentation
1.7. Market Rivalry
1.8. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market Definition
2.2. Market Analysis
2.3. Market Trends
2.4. Regulatory Landscape

3 MARKET DATA

3.1. Market Value
3.2. Market Volume

4 MARKET SEGMENTATION

4.1. Category Segmentation
4.2. Geography Segmentation

5 MARKET OUTLOOK

5.1. Market Value Forecast
5.2. Market Volume Forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What is the strategy of the leading players?
7.3. What are the strengths of the leading players?

8 COMPANY PROFILES

8.1. Vena Energy Pte Ltd
8.2. Singapore Power Ltd
8.3. Sembcorp Industries Ltd
8.4. EDP Renewables APAC

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry Associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Singapore renewable energy market value: $ million, 2020-25
Table 2: Singapore renewable energy market volume: GWh, 2020-25
Table 3: Singapore renewable energy market category segmentation: % share, by value, 2020-25
Table 4: Singapore renewable energy market category segmentation: $ million, 2020-25
Table 5: Singapore renewable energy market geography segmentation: $ million, 2025
Table 6: Singapore renewable energy market value forecast: $ million, 2025-30
Table 7: Singapore renewable energy market volume forecast: GWh, 2025-30
Table 8: Vena Energy Pte Ltd: Key Facts
Table 9: Vena Energy Pte Ltd: Key Employees
Table 10: Vena Energy Pte Ltd: Key Employees Continued
Table 11: Singapore Power Ltd: Key Facts
Table 12: Singapore Power Ltd: Key Employees
Table 13: Sembcorp Industries Ltd: Key Facts
Table 14: Sembcorp Industries Ltd: Annual Financial Ratios
Table 15: Sembcorp Industries Ltd: Key Employees
Table 16: EDP Renewables APAC: Key Facts
Table 17: Singapore Size of Population (Million), 2021-25
Table 18: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 19: Singapore GDP (Current Prices, $ Billion), 2021-25
Table 20: Singapore Inflation, 2021-25
Table 21: Singapore Consumer Price Index (Absolute), 2021-25
Table 22: Singapore Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: Singapore renewable energy market value: $ million, 2020-25
Figure 2: Singapore renewable energy market volume: GWh, 2020-25
Figure 3: Singapore renewable energy market category segmentation: $ million, 2020-25
Figure 4: Singapore renewable energy market geography segmentation: % share, by value, 2025
Figure 5: Singapore renewable energy market value forecast: $ million, 2025-30
Figure 6: Singapore renewable energy market volume forecast: GWh, 2025-30
Figure 7: Forces driving competition in the renewable energy market in Singapore, 2025
Figure 8: Drivers of buyer power in the renewable energy market in Singapore, 2025
Figure 9: Drivers of supplier power in the renewable energy market in Singapore, 2025
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Singapore, 2025
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Singapore, 2025
Figure 12: Drivers of degree of rivalry in the renewable energy market in Singapore, 2025