Qatar Renewable Energy Market Size, Share, Trends and Forecast by Type and Region, 2025-2033

Qatar Renewable Energy Market Overview:

The Qatar renewable energy market size reached USD 3.02 Billion in 2024. The market is projected to reach USD 11.22 Billion by 2033, exhibiting a growth rate (CAGR) of 14.02% during 2025-2033. Qatar is advancing renewable energy to lower carbon emissions, improve energy security, and support economic diversification. Government policies and private sector involvement drive investment and innovation, aligning with national goals for sustainability and emissions reduction. These efforts promote long-term environmental benefits and economic growth, thus contributing to the Qatar renewable energy market share.

Qatar Renewable Energy Market Trends:

Environmental and Economic Benefits

Qatar is progressively concentrating on minimizing its carbon emissions and moving towards a more sustainable energy future. The use of renewable energy contributes to tackling climate change, lowering greenhouse gas emissions, and enhancing air quality. From an economic perspective, renewable energy decreases dependence on imported fossil fuels, improving energy security and providing long-term financial savings. Moreover, the renewable energy industry offers considerable employment opportunities, encouraging economic diversification and supporting the acquisition of new skills. In 2025 , Qatar made significant progress in its renewable energy goals by opening the Ras Laffan and Mesaieed solar power plants, contributing 875 MW to its total capacity and raising the national figure to 1,700 MW. These initiatives are essential to Qatar's larger objective of reaching 4,000 MW of solar capacity by 2030, consistent with the Qatar National Vision 2030. By focusing on renewable energy, Qatar achieves its environmental objectives while boosting its economy, establishing itself as a sustainable energy center in the region and aiding global sustainability initiatives.

Private Sector Engagement and Sustainable Initiatives

Businesses are progressively incorporating renewable energy options into their functioning, aiming not only to meet sustainability objectives but also to leverage the economic and ecological advantages of clean energy. A significant instance is Qatar’s Gulf Warehousing Company (GWC), which in 2025 initiated one of the GCC’s largest private solar initiatives in partnership with Yellow Door Energy. This project entails setting up solar power facilities at three major logistics centers, directly aiding GWC’s sustainability goals while helping to advance Qatar’s wider objectives under the National Vision 2030. The initiative seeks to lower carbon emissions and assist in reaching Qatar’s Net Zero goals by 2050. These privately initiated projects exhibit the growing importance of companies in facilitating the shift to renewable energy, underscoring the synergy between corporate sustainability initiatives and governmental environmental plans. This partnership between private firms and renewable energy suppliers is speeding up Qatar's transition toward a more sustainable and varied energy framework.

Government Initiatives and Policy Framework

The governing authority in Qatar is prioritizing renewable energy as part of its long-term energy strategy, integrating it into national development plans. This strategic shift is aimed at reducing the country’s dependence on fossil fuels, advancing sustainability, and meeting international climate commitments. Through various policies, including regulations and incentives, the governing body is making it easier for private and public entities to invest in renewable energy projects. The commitment to diversify energy sources is reflected in Qatar’s plans to increase its renewable energy capacity, especially in solar energy, to reduce emissions and enhance energy security. These policies also align with Qatar’s broader goals of achieving sustainable growth and contributing to global environmental targets. In 2024 , Qatar launched the Qatar National Renewable Energy Strategy (QNRES) aiming to reach 4 GW of renewable energy capacity by 2030, mainly through solar PV. The strategy targeted a 10% reduction in CO₂ emissions from the power sector and aimed to increase renewables' share in electricity generation to 18%. By creating a conducive environment for renewable energy development, the governing body is strengthening the Qatar renewable energy market growth and ensuring the successful integration of renewable energy into the national grid.

Qatar Renewable Energy Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type.

Type Insights:

• Solar
• Wind
• Hydro
• Bioenergy
• Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes solar, wind, hydro, bioenergy, and others.

Regional Insights:

• Ad Dawhah
• Al Rayyan
• Al Wakrah
• Others

A detailed breakup and analysis of the market based on the region have also been provided in the report. This includes Ad Dawhah, Al Rayyan, Al Wakrah, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Qatar Renewable Energy Market News:

• September 2025 : QatarEnergy awarded Samsung C&T a contract to build the 2 GW Dukhan solar project, aimed at doubling the nation's solar capacity. The project will be developed in two phases, contributing to Qatar’s goal of over 4,000 MW of renewable energy by 2030.
• January 2025 : Qatar committed $2.5 billion through a green bond fund to support renewable energy, low-carbon real estate, and sustainable infrastructure projects. This initiative aligns with Qatar’s National Vision 2030 and its goals for smart cities like Lusail and Msheireb Downtown. Despite challenges like rising construction costs and supply chain issues, Qatar is advancing its leadership in sustainable development.

Qatar Renewable Energy Market Report Coverage:

Key Questions Answered in This Report:

• How has the Qatar renewable energy market performed so far and how will it perform in the coming years?
• What is the breakup of the Qatar renewable energy market on the basis of type?
• What is the breakup of the Qatar renewable energy market on the basis of region?
• What are the various stages in the value chain of the Qatar renewable energy market?
• What are the key driving factors and challenges in the Qatar renewable energy market?
• What is the structure of the Qatar renewable energy market and who are the key players?
• What is the degree of competition in the Qatar renewable energy market?

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Qatar renewable energy market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Qatar renewable energy market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Qatar renewable energy industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.