The Feed-in Tariff Scheme is an important new initiative to promote community participation in the development of renewable energy under the current Scheme of Control Agreements. Financial incentives are offered to encourage people to install solar or wind energy generation systems at their premises.
The Renewable Energy Certificates (RE Certificates) Scheme is one of the important RE initiatives introduced under the current Scheme of Control Agreements. Under this scheme, RE Certificates are sold by the power companies for units of electricity from RE sources such that buyers can claim their operation or activities are carbon-free.
This article provides general information on installing solar energy generation system at your premises, connecting it to the grid and receiving Feed-in Tariff payment.
Apart from the Feed-in Tariff and Renewable Energy (RE) Certificates Schemes, various facilitation measures have been introduced to further promote the development of RE.
The Government is committed to exploiting our modest renewable energy (RE) potential as fully as possible. The Government has taken the lead to install a number of large-scale RE systems at government premises and many other major projects are being planned.
The Government will strive to increase the share of RE in the fuel mix for electricity generation from less than 1% at present to 7.5% to 10% by 2035, and further increase it to 15% before 2050.