| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2020 - 2023 |
| CAGR | 15.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Qatar Solar Energy Market Analysis
The Qatar Solar Energy Market is expected to register a CAGR of greater than 15.5% during the forecast period.
- The solar photovoltaic systems (PV) is expected to grow at the fastest rate during the forecast period, due to low power production cost.
- The biggest opportunity for the solar energy market in the country is the alarmingly high fossil-fuels based power generation share, which has a number of severe consequences for the country, like the high carbon-emissions rate, and the reduction in hydrocarbon reserves which are more required in export sector. Qatar's economy is largely driven by its natural gas exports, which gets affected negatively by the consumption of gas in power sector.
- The favourable government policies to promote renewable power generation can lead to a robust growth of the market.
Qatar Solar Energy Market Trends
Solar Photovoltaic (PV) Expected to Dominate the Market
- The solar photovoltaic(PV) systems have more prospects for the renewables penetration in the power production of the country, due to the ease of installation, particularly in large-scale projects.
- The installed capacity of solar power generation in Qatar was recorded as 5.1MW, as of 2020, which is far from the required targets to have a considerable share of renewables in the energy mix. Thus umpteen solar PV projects are lined up to boost the capacity in the nation.
- In January 2022, the power and water supply company Qatar General Electricity and Water Corporation declared the plans to get the Al-Kharsaah solar PV project to get integrated in the nation's grid very soon, after completing the necessary studies for the operations. The project is currently very near to its completion , the task which is carried out by Siraj Energy and a consortium of Total Solar International and Marubeni.
- In October 2021, Siraj Energy (a JV between Qatar Energy (51%) and QEWC (49%)) signed two Memorandum of Understanding (MoUs) with Qatar Foundation and WOQOD for the deployment of photovoltaic (PV) systems in spaces like hospitals, and WOQOD stations to achieve energy efficiency. The project is expected to get completed in the second quarter of 2022.
- Owing to such developments, the solar PV segment is predicted to have the highest share in the near future.
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Technological Innovations Expected to Drive the Market
- The various milestones in the technological innovations associated with Qatar's solar energy industry are likely to accelerate the market in the near future.
- The renewables-based power generation in the country was around 43MW, as of 2020, which is almost negligible as compared to the fossil fuels penetration (13099MW). The share of solar technology in renewable power generation was around 12%. The Qatar government has set the targets to increase this share, and thus many technological endeavours are in progress to eliminate the challenges associated with the technology.
- Currently, strenuous efforts have been put in for developing solar capacity in the country through research centers, utilities, universities, and pilot projects, and a number of institutions including Kahramaa, Qatar Foundation, QNFSP and QSTP are actively working on this front.
- In 2021, Qatar Foundation announced the launch of the Gulf region's first Energy Monitoring Centre (EMC) to manage the smart grid in the city and to monitor the solar power generation at all the sites in the country.
- In 2021, Qatar Foundation completed the Solar Smart Grid Project which installed solar PV systems at various facilities in the Qatar Foundation Campus. The total combined capacity of the project was 1.68MW.
- All these developments are expected to improve the solar sector of the country at the technology front, and lead to the development of the solar industry.
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Qatar Solar Energy Industry Overview
The solar energy market in Qatar is moderately consolidated. Some of the key players in this market include Qatar Solar Technologies, Marubeni Corp, Total Energies SA, Qatar Solar Energy, and Nebras Power QSC.
Qatar Solar Energy Market Leaders
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Nebras Power Q.S.C
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Qatar Solar Technologies
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Total Energies SE
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Marubeni Corp
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Qatar Solar Energy
- *Disclaimer: Major Players sorted in no particular order
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Qatar Solar Energy Market News
- In May 2021, Qatar Environment and Energy Research Institute (QEERI), part of Hamad Bin Khalifa University (HBKU) announced the release of Qatar's first Solar Atlas which will help in mapping the sites having high renewable energy potential in the Gulf country. The Atlas will support the development of national solar policies and identify new profitable investments in the solar power sector.
Qatar Solar Energy Industry Segmentation
The Qatar Solar Energy Market report includes:
| Type | Solar Photovoltaic (PV) |
| Concentrated Solar Power (CSP) |
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Qatar Solar Energy Market Research FAQs
What is the current Qatar Solar Energy Market size?
The Qatar Solar Energy Market is projected to register a CAGR of greater than 15.5% during the forecast period (2025-2030)
Who are the key players in Qatar Solar Energy Market?
Nebras Power Q.S.C, Qatar Solar Technologies, Total Energies SE, Marubeni Corp and Qatar Solar Energy are the major companies operating in the Qatar Solar Energy Market.
What years does this Qatar Solar Energy Market cover?
The report covers the Qatar Solar Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Qatar Solar Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Qatar Solar Energy Industry Report
Statistics for the 2025 Qatar Solar Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Solar 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.
