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

The Belarus Renewable Energy Market is segmented by Source (Hydro, Wind, Solar, Bio-energy, and Other Sources). For each segment, the market sizing and forecasts have been done on installed capacity (MW).

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

Belarus Renewable Energy Market Size

View Global Report
Belarus Renewable Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 18.00 %
Market Concentration High

Major Players

Belarus Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Belarus Renewable Energy Market Analysis

The Belarus Renewable Energy Market is expected to register a CAGR of greater than 18% during the forecast period.

The market was negatively impacted by COVID-19. Presently the market has now reached pre-pandemic levels.

  • Factors, such as targets set by the country to reduce the carbon footprint and significantly declining prices of renewable energy installations, are likely to drive the Belarusian renewable energy market. Increasing renewable energy installed capacity and upcoming projects in the country, are likely to drive the Belarusian renewable energy market over the forecast period.
  • However, the long investment return period is expected to restrain the Belarusian renewable energy market.
  • The Belarusian government has set a target of getting 10% of the total power generation from renewable energy by 2030, thus, decreasing greenhouse gas emissions by 25% to 30% compared to 1990. This is likely to create several opportunities for the Belarusian renewable energy market in the future.

Belarus Renewable Energy Industry Overview

The Belarusian renewable energy market is consolidated. Some of the key players in this market ( not in particular order ) include Belzarubezhstroy, Guris Construction Engineering Co. Inc., Green Genius, China National Electric Engineering Co. Ltd, and Mavel AS.

Belarus Renewable Energy Market Leaders

  1. Belzarubezhstroy

  2. Guris Construction Engineering Co. Inc.

  3. Green Genius

  4. China National Electric Engineering Co., Ltd.

  5. Mavel AS

  6. *Disclaimer: Major Players sorted in no particular order
Belarus Renewable Energy Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Belarus Renewable Energy Market News

  • In January 2022, Sarens constructed the tallest Vestas wind turbines in Asmolovichi, Belarus, in subzero temperatures. Sarens provided logistics and installation services for Vestas V136 HH142 wind turbines, which are among the most powerful in Belarus and the CIS.

Belarus Renewable Energy Market Report - Table of Contents

1. INTRODUCTION

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

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Renewable Energy Installed Capacity Forecast, in Megawatts (MW), 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 PESTLE Analysis

5. MARKET SEGEMENTATION BY SOURCE

  • 5.1 Hydro
  • 5.2 Wind
  • 5.3 Solar
  • 5.4 Bio-energy
  • 5.5 Other Sources

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaboration, and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Key Companies Profile
    • 6.3.1 Belzarubezhstroy
    • 6.3.2 Guris Construction Engineering Co. Inc.
    • 6.3.3 Green Genius
    • 6.3.4 China National Electric Engineering Co. Ltd
    • 6.3.5 Mavel AS

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

Belarus Renewable Energy Industry Segmentation

Renewable energy comes from natural sources that replace themselves more quickly than they are used up. Examples of such sources that are continuously replenished are the sun and the wind. There are many different types of renewable energy available to us. The Belarus renewable energy market is segmented by source into hydropower, wind, solar, bio-energy, and other sources. For each segment, the market sizing and forecasts have been done on the installed capacity (MW).

Need A Different Region or Segment?
Customize Now

Belarus Renewable Energy Market Research FAQs

What is the current Belarus Renewable Energy Market size?

The Belarus Renewable Energy Market is projected to register a CAGR of greater than 18% during the forecast period (2025-2030)

Who are the key players in Belarus Renewable Energy Market?

Belzarubezhstroy, Guris Construction Engineering Co. Inc., Green Genius, China National Electric Engineering Co., Ltd. and Mavel AS are the major companies operating in the Belarus Renewable Energy Market.

What years does this Belarus Renewable Energy Market cover?

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

Belarus Renewable Energy Industry Report

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