Singapore’s $75m fund targets cheaper hydrogen and solar for power

The backing runs from laboratory work through to pilots of more mature solutions.

Singapore’s Energy Market Authority and the Advanced Energy and Decarbonisation Office have launched a $75m funding initiative to advance power decarbonisation technologies.

It will support laboratory research into emerging low-carbon technologies, as well as the testing and piloting of more mature solutions, the groups said.

The initiative will focus on hydrogen, solar, and biomass, supporting technologies to enable power plants to switch from hydrogen-based to backup fuels within 10 minutes, improve hydrogen infrastructure safety, and lower hydrogen costs.

Solar projects will develop lower-cost structural systems for panels on unconventional surfaces, targeting at least 15% savings without compromising strength or waterproofing.

They will also develop high-efficiency photovoltaic modules exceeding 30% efficiency, or lightweight, flexible modules designed to last at least 25 years with annual degradation below 1%.

Biomass projects will develop technologies costing less than $50 per tonne to convert ash from different feedstocks into useful products that meet Singapore’s environmental and end-use requirements.

The initiative is part of the Research, Innovation and Enterprise 2030 $800m Decarbonisation Grand Challenge announced in March 2026.

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