East Africa Renewable Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The East Africa Renewable Energy Market is segmented by Type (Hydropower, Solar, Wind, and Others) and Geography (Tanzania, Uganda, Kenya, and the Rest of East Africa). The report offers the market size and forecasts in installed capacity (GW).

East Africa Renewable Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

East Africa Renewable Energy Market Size

View Global Report
East Africa Renewable Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 6.50 %
Market Concentration Medium

Major Players

East Africa Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of East Africa Renewable Energy Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

East Africa Renewable Energy Market Analysis

The East Africa Renewable Energy Market is expected to register a CAGR of 6.5% during the forecast period.

COVID-19 negatively impacted the market in 2020. Currently, the market has reached pre-pandemic levels.

  • Over the long term, factors such as increased environmental awareness and regulations and decreased cost per kilowatt of electricity generated are expected to boost the market.
  • On the other hand, the high price of renewable energy relative to fossil fuels is expected to restrain the market.
  • Nevertheless, new models of solar cells made of a thin film technology that uses narrow coatings of cadmium telluride in solar cells, which have higher efficiency and lower cost, may prove to be an opportunity in the sector.
  • Kenya is expected to be the fastest-growing renewable energy market in the region during the forecast period due to the government's supportive policies and rising investment in renewable energy projects.

East Africa Renewable Energy Industry Overview

East Africa Renewable Energy Market is moderately consolidated. Some of the key players in this market are (not in particular order) Voith GmbH & Co. KGaA, Kenya Electricity Generating Company PLC, Salini Costruttori S.p.A., Vergnet SA, Eleqtra Inc.

East Africa Renewable Energy Market Leaders

  1. Voith GmbH & Co. KGaA

  2. Kenya Electricity Generating Company PLC

  3. Salini Costruttori S.p.A.

  4. Vergnet SA

  5. Eleqtra Inc.

  6. *Disclaimer: Major Players sorted in no particular order
East africa renewable.png
Need More Details on Market Players and Competiters?
Download PDF

East Africa Renewable Energy Market News

  • August 2022: Masdar signed an agreement with TANESCO, a Tanzanian company, to develop a 2 GW renewable energy capacity. In this agreement, the project would be set in two phases; in the first phase of the collaboration, the company would generate approximately 600 MW; in the second phase, the total renewable capacity would reach 2,000 MW.
  • May 2022: Rwanda signed a deal with Goldsol II, a consortium between three companies, to install a new solar power plant in the Kayonza District. The plant will have a capacity of 10 MW and will be built at USD 30 million.

East Africa Renewable Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Renewable Energy Installed Capacity Forecast in GW, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Hydropower
    • 5.1.2 Solar
    • 5.1.3 Wind
    • 5.1.4 Others
  • 5.2 Geography
    • 5.2.1 Tanzania
    • 5.2.2 Uganda
    • 5.2.3 Kenya
    • 5.2.4 Rest of East Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Voith GmbH & Co. KGaA
    • 6.3.2 Kenya Electricity Generating Company PLC
    • 6.3.3 Salini Costruttori S.p.A.
    • 6.3.4 Vergnet SA
    • 6.3.5 REDAVIA GmbH
    • 6.3.6 Eleqtra Inc.
    • 6.3.7 Hidroeléctrica de Cahora Bassa S.A.
    • 6.3.8 Electricidade de Mocambique E.P.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

East Africa Renewable Energy Industry Segmentation

Renewable energy is energy collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, water movement, and geothermal heat.

The East Africa Renewable Energy Market is segmented by type and geography. By type, the market is segmented into hydropower, solar, wind, and others. The report also covers the market size and forecasts for the renewable energy market in major countries. For each segment, the market sizing and forecasts have been done based on installed capacity (GW).

Type Hydropower
Solar
Wind
Others
Geography Tanzania
Uganda
Kenya
Rest of East Africa
Need A Different Region or Segment?
Customize Now

East Africa Renewable Energy Market Research FAQs

What is the current East Africa Renewable Energy Market size?

The East Africa Renewable Energy Market is projected to register a CAGR of 6.5% during the forecast period (2025-2030)

Who are the key players in East Africa Renewable Energy Market?

Voith GmbH & Co. KGaA, Kenya Electricity Generating Company PLC, Salini Costruttori S.p.A., Vergnet SA and Eleqtra Inc. are the major companies operating in the East Africa Renewable Energy Market.

What years does this East Africa Renewable Energy Market cover?

The report covers the East Africa Renewable Energy Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the East Africa Renewable Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Renewable Energy in East Africa Industry Report

Statistics for the 2025 East Africa Renewable Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. East Africa Renewable Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.