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

The Botswana Renewable Energy Market is segmented by Type (Wind, Solar Energy, Hydropower, and Other Types). The report offers the installed capacity and forecasts in gigawatts (MW) for all the above segments.

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

Botswana Renewable Energy Market Size

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Botswana Renewable Energy Market  Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 20.00 %
Market Concentration Medium

Major Players

Botswana Renewable Energy Market  Major Players

*Disclaimer: Major Players sorted in no particular order

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Botswana Renewable Energy Market Analysis

The Botswana Renewable Energy Market is expected to register a CAGR of greater than 20% during the forecast period.

COVID-19 negatively impacted the market in 2020. Presently the market is likely to reach pre-pandemic levels.

  • Over the medium term, factors such as supportive government policies and increasing adoption of renewable energy with the declining price of solar panels and wind turbine installations are expected to drive the market in the forecast period.
  • On the other hand, the rising adoption of alternate clean power sources, such as gas-fired power plants and nuclear energy projects, is likely to restrain the market growth.
  • Nevertheless, the technological advancements in solar PV manufacturing and government policies toward a greener environment will create opportunities for the market in the future.

Botswana Renewable Energy Industry Overview

The Botswana Renewable Energy Market is moderately fragmented. Some of the major players in the market (not in a particular order) include The Solar Zone, Grit-tech (Pty) Ltd., Botswana Power Corporation (BPC), SegenSolar (Pty) Ltd., and Clarke Energy.

Botswana Renewable Energy Market Leaders

  1. The Solar Zone

  2. Grit-tech (Pty) Ltd.

  3. Botswana Power Corporation (BPC)

  4. SegenSolar (Pty) Ltd.

  5. Clarke Energy

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

  • September 2022: Botswana Power Corporation (BPC) awarded a contract to Norwegian company Scatec ASA (SCATC.OL) to develop a 50 MW solar facility, the company's first utility-scale renewable energy project, as Botswana seeks to expand power supplies and clean energy shares.
  •  September 2022: Botswana Power Corporation (BPC) signed a binding 25-year Power Purchase Agreement (PPA) to build a 50MW solar PV facility in the former mining town of Selebi Phikwe.

Botswana Renewable Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of 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 Mix, 2022
  • 4.3 Renewable Energy Installed Capacity and Forecast in MW, till 2028
  • 4.4 Major Upcoming Renewable Energy Projects
  • 4.5 Recent Trends and Developments
  • 4.6 Government Policies and Regulations
  • 4.7 Market Dynamics
    • 4.7.1 Drivers
    • 4.7.2 Restraints
  • 4.8 Supply Chain Analysis
  • 4.9 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Solar Energy
    • 5.1.2 Wind
    • 5.1.3 Hydropower
    • 5.1.4 Other Type

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 The Solar Zone
    • 6.3.2 Grit-tech (Pty) Ltd.
    • 6.3.3 Botswana Power Corporation (BPC)
    • 6.3.4 SegenSolar (Pty) Ltd.
    • 6.3.5 Clarke Energy
    • 6.3.6 So Solar Pty Ltd
    • 6.3.7 Eni S.p.A.
    • 6.3.8 Scatec ASA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Botswana Renewable Energy Industry Segmentation

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

The Botswana renewable energy market is segmented by Type. By type, the market is segmented into wind energy, solar energy, hydropower, and other types. For each segment, the installed capacity and forecasts have been done based on megawatts (MW).

Type Solar Energy
Wind
Hydropower
Other Type
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Botswana Renewable Energy Market Research FAQs

What is the current Botswana Renewable Energy Market size?

The Botswana Renewable Energy Market is projected to register a CAGR of greater than 20% during the forecast period (2025-2030)

Who are the key players in Botswana Renewable Energy Market?

The Solar Zone, Grit-tech (Pty) Ltd., Botswana Power Corporation (BPC), SegenSolar (Pty) Ltd. and Clarke Energy are the major companies operating in the Botswana Renewable Energy Market.

What years does this Botswana Renewable Energy Market cover?

The report covers the Botswana Renewable Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Botswana Renewable Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Botswana Renewable Energy Industry Report

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