Referencing TSC 1.3 Electricity generation from hydropower, Green Criteria include “All pumped storage systems for hydropower plants that comply with EITHER of the criteria are eligible”. What is the scope of “All pumped storage systems”? Does the term “All pumped storage systems for hydropower plants” specifically refer to pumped storage hydropower (PSH) plants only, or does it apply to all types of hydropower plant (e.g. run-of river, storage (reservoir or impoundment), etc.)?
Referencing TSC 1.3 Electricity generation from hydropower, “All pumped storage systems for hydropower plants” does not include other types of hydropower plants (e.g., run-of-river, storage (reservoir or impoundment), etc. Taking guidance from industry best practices, a pumped storage system hydropower plant should also not have an artificial reservoir to qualify as Green. [Updated in Dec […]
What about Captive Power Plants (CPP) which have a financial close > 2021?
Captive Power Plants (CPP) are currently not an activity under the SAT. Referencing to the “Guidance for Leveraging the Singapore-Asia Taxonomy in Green and Transition Financing” published by SSFA as of July 2025 – #9 Recognising enabling and value chain activities that support green and transition activities in the SAT states that, “For the avoidance […]
Do alternatives include methanol? What is the holistic definition of low-carbon gas for SAT? Is there a defined list of gases that can be categorised as low-carbon gases?
Please note reference to low-carbon gases on page 31 of the SAT (December 2023 version): “Renewable and low-carbon gases include non-fossil gaseous fuels, such as biomethane and biogas, as well as hydrogen and its derivatives.” While the SAT does not provide an exhaustive list of low-carbon gases, it mentions low-carbon hydrogen and its derivatives as […]
What are the technical screening criteria (TSC) for hybrid/ blended projects such as: Hydrogen storage facility which stores hydrogen from a blend/mix of different sources, how could the operator track and evidence this?
If a hydrogen storage facility receives hydrogen from multiple sources with varying carbon intensities, it is recommended that the operator adopt a robust tracking system. This system should document the volume and carbon intensity of hydrogen from each source. This could involve: Supply Contracts: Contracts with hydrogen producers specifying the carbon intensity of their hydrogen. […]
What are the technical screening criteria (TSC) for hybrid/ blended projects such as: Mixed renewable and gas energy plants that combine both green and non-green elements?
For gas energy plants, refer to Activity description 1.12: “Electricity generation from fossil gaseous fuels”. There are no screening criteria listed for mixed renewable plants in the current version of the SAT. The relative adoption of mixed renewable plant technology has been low in Singapore and the rest of Asia. Financiers are recommended to assess […]
There are various sections under Amber (measures) that include the statement “And, all measures must meet the following criteria: the power cannot be generated from renewable energy sources, based on comparative assessment….”
Sub-question: For example, in the case of Electricity Generation from fossil gaseous fuels: Does this mean that issuer must produce evidence that electricity generation using renewable resources were not feasible or economical, hence the use of fossil gaseous fuels? — Please refer to Page 30 in the “Guidance for Leveraging the Singapore-Asia Taxonomy in Green […]
For existing CAPEX financing that are previously labelled Amber under “Amber (measures)” [B], how would they be reclassified when the activity itself is reassessed and meets Amber or Green threshold (A)?
For existing CAPEX financing that was previously labelled Amber under “Amber (measures”) and the activity itself was reassessed to meet Amber to Green threshold, such financing will align with the reassessed classification of Amber or Green. [Updated in Dec 2025]
For new CAPEX financing provided to activities classified as Amber (A), do these need to meet the eligibility criteria specified under “Amber (measures)” [B]?
If the new CAPEX financing helps the activity stay within (or accelerate) towards the Amber (activity) thresholds, there is no extra obligation to prove alignment with Amber (measures) thresholds. [Updated in Dec 2025]
How does Amber activities differ with Amber (measures) and how to use them?
To distinguish between amber and amber (measures) and their use cases, please refer to “#5 Distinguishing between amber and amber (measures)” in the “Guidance for Leveraging the Singapore-Asia Taxonomy in Green and Transition Financing” published by SSFA as of July 2025. [Updated in Dec 2025]
