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

The Report Covers Germany Renewable Energy Market Size & Share and It is Segmented by Source Type (Solar, Wind, Hydro, Bioenergy and Other Renewable Energy Sources). The Report Offers the Market Size and Forecasts in Terms of Installed Capacity for all the Above Segments.

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

Germany Renewable Energy Market Size

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Germany Renewable Energy Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
Market Volume (2025) 182.96 gigawatt
Market Volume (2030) 259.86 gigawatt
CAGR 7.27 %

Major Players

Germany Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Germany Renewable Energy Market Analysis

The Germany Renewable Energy Market size in terms of installed base is expected to grow from 182.96 gigawatt in 2025 to 259.86 gigawatt by 2030, at a CAGR of 7.27% during the forecast period (2025-2030).

  • Over the medium term, factors such as supportive government policies and efforts to meet the rising power demand using renewable energy sources are expected to grow significantly and drive the Germany renewable energy market during the forecast period.
  • On the other hand, factors like harsh climatic conditions and using other conventional energy are restraining factors for the German renewable energy market.
  • Nevertheless, by 2050, solar PV, wind, and hydro are estimated to produce approximately 85% of Germany's electricity generation, which in turn is expected to create an opportunity for the market during the forecast period.

Germany Renewable Energy Industry Overview

The German renewable energy market is semi-fragmented. Some of the key players in the market (not in particular order) include Siemens Gamesa Renewable Energy SA, General Electric Company, SunPower Corporation, Centrotherm International AG, and Senvion S.A.

Germany Renewable Energy Market Leaders

  1. Siemens Gamesa Renewable Energy SA

  2. General Electric Company

  3. SunPower Corporation

  4. Centrotherm International AG

  5. Senvion S.A.

  6. *Disclaimer: Major Players sorted in no particular order
Germany Renewable Energy Market Concentration
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Germany Renewable Energy Market News

  • May 2023: A Germany-based power producer, RWE, announced to acquire 49% stake in Nordseecluster, a 1.6 GW cluster of offshore wind farms from Northland Power, for around USD 37.5 million. The other 2.6 GW of operating capacity lies with Northland Power. The Nordseecluster offshore wind farm was a joint venture by RWE and Northland before this transaction. The total gross capacity comprises 1,560 MW of offshore wind projects, including Nordsee-2, Nordsee-3, Delta Nordsee, and Godewind.
  • May 2023: A German automotive giant, Mercedes-Benz, unveiled plans to develop a 120 MW wind farm at its test track in Papenburg, Germany. The company has awarded a long-term contract to Umweltgerechte Kraftanlagen (UKA). The company source around 20% of the annual electricity requirements from the wind farm in Germany, which 20 countries will power.

Germany 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, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Supportive Government Policies for Renewable Energy installation
    • 4.5.1.2 Rising Efforts to Reduce Dependency over Fossil Fuel Sources of Power Generation
    • 4.5.2 Restraints
    • 4.5.2.1 Harsh Climatic Conditions and the Use of Other Conventional Energy
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Source
    • 5.1.1 Solar
    • 5.1.2 Wind
    • 5.1.3 Hydro
    • 5.1.4 Bioenergy
    • 5.1.5 Other Renewable Energy Sources

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 Siemens Gamesa Renewable Energy SA
    • 6.3.2 General Electric Company
    • 6.3.3 SunPower Corporation
    • 6.3.4 Centrotherm International AG
    • 6.3.5 Senvion S.A.
    • 6.3.6 Enercon GmbH
    • 6.3.7 Hanwha Q Cells Co., Ltd.
    • 6.3.8 Energie Baden-Wurttemberg AG
    • 6.3.9 Enel Green Power S.p.A.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Ambitious Renewable Energy Targets to Meet Rising Electricity Demand By 2050
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Germany Renewable Energy Industry Segmentation

Renewable energy is the energy collected from renewable resources such as sunlight, wind, water movement, and geothermal heat that are naturally replenished.

The German renewable energy market is segmented by source. The market is segmented by source into solar, wind, hydro, bioenergy, and other types. For each segment, the market size and forecasts have been done based on installed capacity.

Source Solar
Wind
Hydro
Bioenergy
Other Renewable Energy Sources
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Germany Renewable Energy Market Research FAQs

How big is the Germany Renewable Energy Market?

The Germany Renewable Energy Market size is expected to reach 182.96 gigawatt in 2025 and grow at a CAGR of 7.27% to reach 259.86 gigawatt by 2030.

What is the current Germany Renewable Energy Market size?

In 2025, the Germany Renewable Energy Market size is expected to reach 182.96 gigawatt.

Who are the key players in Germany Renewable Energy Market?

Siemens Gamesa Renewable Energy SA, General Electric Company, SunPower Corporation, Centrotherm International AG and Senvion S.A. are the major companies operating in the Germany Renewable Energy Market.

What years does this Germany Renewable Energy Market cover, and what was the market size in 2024?

In 2024, the Germany Renewable Energy Market size was estimated at 169.66 gigawatt. The report covers the Germany Renewable Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Germany Renewable Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Germany Renewable Energy Industry Report

The Germany renewable energy market is experiencing significant transformations, with a notable shift towards renewable energy sources driven by environmental concerns, technological advancements, and supportive government policies. While fossil fuels remain important, there is a growing emphasis on diversifying energy sources to enhance sustainability and reduce import dependency. The renewable energy sector, led by solar, wind, and hydropower, is seeing robust growth. Germany is setting ambitious targets to increase its renewable energy capacity, with wind energy poised to dominate the market due to its efficiency and the government's commitment to reducing carbon emissions. German renewable energy companies are significantly contributing to this transformation, reinforcing the country's position as a leader in sustainable energy development. Comprehensive statistics and analysis from Mordor Intelligence™ Industry Reports highlight Germany's renewable energy market share, size, and revenue growth, offering insights into the market's forecast outlook and historical overview. For a deeper understanding, a free report PDF download is available, providing a sample of this detailed industry analysis.