Objective

The Grant for Energy Efficient Technologies (GREET) is aimed at encouraging owners and operators of industrial facilities to invest in energy efficient equipment or technologies.

Form of Assistance

Grant Quantum

Funding of up to 50% of the qualifying costs, capped at $2 million per project.

Only projects with a payback* of more than 3 years and up to 7 years, would be considered for funding.

(*Payback is calculated using the total project costs divided by estimated annual energy cost savings. Total project costs comprise the qualifying costs stated below and other costs that might be incurred in implementing the project. )

Qualifying Costs

The qualifying costs include the following:

• Manpower cost
• Equipment and materials
• Professional services

Singapore GST is excluded.

Disbursement of Grants

All disbursements will be made on a reimbursement basis.