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

East Europe Renewable Energy Market is segmented by Type (Hydropower, Solar, and Others) and Geography (Russia, Poland, Ukraine, and Others). The report offers the market size and forecasts in installed capacity (GW).

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

East Europe Renewable Energy Market Size

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East Europe Renewable Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 4.50 %
Market Concentration Low

Major Players

East Europe Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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East Europe Renewable Energy Market Analysis

The East Europe Renewable Energy Market is expected to register a CAGR of greater than 4.5% during the forecast period.

COVID-19 marginally impacted the market in 2020. Presently the market has reached pre-pandemic levels.

  • Over the medium 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 solar and wind energy storage is expected to restrain the market.
  • Nevertheless, new models of solar cells made of a thin film technology that uses thin coatings of cadmium telluride in solar cells, which have higher efficiency and lower cost, may prove to be an opportunity in the sector.
  • Russia is expected to dominate the renewable energy market during the forecast period in the region. Due to a significant rise in investment in renewable energy projects.

East Europe Renewable Energy Industry Overview

East Europe Renewable Energy Market is partially fragmented. Some of the key players in this market are (not in particular order) PJSC RusHydro, Vestas Wind Systems A/S, Enel Green Power S.p.A., NOTUS Energy GmbH, and SGS SA.

East Europe Renewable Energy Market Leaders

  1. Federal Hydro-Generating Co RusHydro PAO

  2. Vestas Wind Systems A/S

  3. Enel Green Power S.p.A.

  4. NOTUS Energy GmbH

  5. SGS SA

  6. *Disclaimer: Major Players sorted in no particular order
Federal Hydro-Generating Co RusHydro PAO, Vestas Wind Systems A/S, Enel Green Power S.p.A, NOTUS Energy GmbH, SGS SA
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East Europe Renewable Energy Market News

  • November 2022: investors submitted applications to Albania's Ministry of Infrastructure and Energy for the construction of three photovoltaic plants with a combined capacity of 151 MW, of which the largest one would have 93 MW.
  • November 2022: Poland started operating one of its first floating PV arrays on an artificial reservoir. The project features 110 bifacial modules with a total capacity of 49.5 kW.

East Europe 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 Others
  • 5.2 Geography
    • 5.2.1 Russia
    • 5.2.2 Poland
    • 5.2.3 Ukraine
    • 5.2.4 Others

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 Vestas Wind Systems A/S
    • 6.3.2 Enel Green Power S.p.A.
    • 6.3.3 NOTUS Energy GmbH
    • 6.3.4 SGS SA
    • 6.3.5 Wärtsilä Oyj Abp
    • 6.3.6 Hanwha Q Cells Co., Ltd.
    • 6.3.7 Schneider Electric SE
    • 6.3.8 C&C Energy SRL
    • 6.3.9 Federal Hydro-Generating Co RusHydro PAO
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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

Type Hydropower
Solar
Others
Geography Russia
Poland
Ukraine
Others
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East Europe Renewable Energy Market Research FAQs

What is the current East Europe Renewable Energy Market size?

The East Europe Renewable Energy Market is projected to register a CAGR of greater than 4.5% during the forecast period (2025-2030)

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

Federal Hydro-Generating Co RusHydro PAO, Vestas Wind Systems A/S, Enel Green Power S.p.A., NOTUS Energy GmbH and SGS SA are the major companies operating in the East Europe Renewable Energy Market.

What years does this East Europe Renewable Energy Market cover?

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

East Europe Renewable Energy Industry Report

Statistics for the 2025 East Europe Renewable Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. East Europe 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.