According to the report by Expert Market Research (EMR), the Africa renewable energy market reached an installation capacity of nearly 3099.38 gigawatt (GW) in 2025. Supported by rising investments in clean energy infrastructure, favourable government policies, and the growing need to improve energy access across the continent, the market is expected to experience steady growth in the coming years. The industry is projected to expand at a CAGR of 6.00% during the forecast period of 2026–2035, reaching an installed capacity of nearly 5550.52 GW by 2035.

Renewable energy in Africa primarily includes solar, wind, hydropower, geothermal, and bioenergy sources. Given the continent’s abundant natural resources, renewable energy plays a crucial role in addressing energy shortages, reducing dependence on fossil fuels, and supporting sustainable economic development. 

Africa Renewable Energy Market Trends

One of the key trends in the Africa renewable energy market is the rapid growth of solar energy installations. Falling solar photovoltaic (PV) costs, coupled with high solar irradiation levels across the region, have made solar power one of the most attractive renewable energy sources. Utility-scale solar projects, as well as decentralised and off-grid solar systems, are gaining significant traction.

Another notable trend is the increasing adoption of hybrid renewable energy systems that combine solar, wind, and battery storage technologies. These systems enhance grid stability and ensure a reliable power supply, particularly in regions with limited grid infrastructure. 

Drivers of Growth

The growing demand for electricity driven by rapid population growth, urbanisation, and industrialisation is a major factor propelling the Africa renewable energy market. Many countries across the continent face persistent power shortages, making renewable energy a viable and sustainable solution to bridge the energy gap. Furthermore, supportive government initiatives, including renewable energy targets, feed-in tariffs, and regulatory reforms, are encouraging investments in the sector.

The increasing focus on reducing carbon emissions and meeting global climate commitments is also boosting renewable energy adoption. International funding agencies and development banks are actively supporting renewable energy projects in Africa, providing financial and technical assistance to accelerate market growth.

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Africa Renewable Energy Market Forecast

Looking ahead, the Africa renewable energy market is poised for sustained growth over the forecast period. Driven by rising energy demand, supportive policy frameworks, and increasing investments in clean energy technologies, the market is expected to reach nearly 5550.52 GW of installed capacity by 2035. Renewable energy is set to play a pivotal role in transforming Africa’s energy landscape, supporting economic growth, and promoting long-term sustainability across the continent.