Product Code: ETC4521405 | Publication Date: Jul 2023 | Updated Date: May 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The renewable energy market in Bahrain is expanding as the country works toward diversifying its energy mix and reducing dependence on fossil fuels. Bahrain has significant potential for renewable energy generation, especially solar and wind energy, due to its favorable climatic conditions. The government has been actively promoting renewable energy projects to meet growing domestic energy demand while reducing carbon emissions. With increasing investments in large-scale solar and wind farms, as well as supporting policies that encourage private sector participation, the renewable energy market in Bahrain is poised for rapid growth. As Bahrain continues to focus on achieving its sustainability goals, renewable energy will play an integral role in shaping the country`s energy future.
Bahrains renewable energy market is gradually gaining traction as the country looks to diversify its energy sources and reduce its dependence on fossil fuels. Solar energy is at the forefront, supported by favorable climate conditions and pilot projects in both residential and industrial zones. Government initiatives, such as the National Renewable Energy Action Plan (NREAP), are creating a structured roadmap for renewable adoption. While wind and waste-to-energy projects are in the exploratory phase, they are expected to play a supporting role. The market is also influenced by global ESG trends and investment interests in sustainable infrastructure. Regulatory clarity and financial incentives will be essential to sustain long-term growth.
The renewable energy market in Bahrain is constrained by the country`s heavy reliance on fossil fuels and the existing energy infrastructure tailored to conventional energy sources. The integration of renewable energy into the national grid presents technical challenges, including grid stability and energy storage issues. Additionally, the high initial capital investment required for renewable energy projects can be a deterrent for investors. The lack of comprehensive policies and incentives to promote renewable energy adoption further slows down market growth. Moreover, limited public awareness and understanding of the benefits of renewable energy impede community support and participation. These challenges collectively affect the expansion and development of the renewable energy sector in Bahrain.
Bahrains renewable energy market is a cornerstone of its long-term sustainability vision, offering diverse investment avenues across solar, wind, and biomass energy generation. Government policies now mandate increased renewable capacity, ensuring a predictable and supportive regulatory environment for investors. Utility-scale solar farms, rooftop solar initiatives, and waste-to-energy projects are among the most viable areas for capital deployment. Financial incentives and potential power purchase agreements (PPAs) can further reduce risks. Technological innovations and international partnerships can enhance efficiency and scalability. With rising regional energy demand, Bahrain also serves as a gateway for clean energy exports within the GCC.
Bahrain is actively pursuing the expansion of its renewable energy sector as part of its commitment to sustainable development. The government has set targets to achieve 5% renewable energy in its electricity mix by 2025 and 20% by 2035. Policies are being implemented to facilitate the development of solar, wind, and waste-to-energy projects. Incentives, such as feed-in tariffs and tax benefits, are being considered to attract investment in renewable energy. Regulatory frameworks are being established to ensure the integration of renewable energy into the national grid. These initiatives align with Bahrain`s Economic Vision 2030 and its goal of achieving net-zero emissions by 2060.(Oxford Business Group, Trade.gov)
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Renewable Energy Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Renewable Energy Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Renewable Energy Market - Industry Life Cycle |
3.4 Bahrain Renewable Energy Market - Porter's Five Forces |
3.5 Bahrain Renewable Energy Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Bahrain Renewable Energy Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Bahrain Renewable Energy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Renewable Energy Market Trends |
6 Bahrain Renewable Energy Market, By Types |
6.1 Bahrain Renewable Energy Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Renewable Energy Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Bahrain Renewable Energy Market Revenues & Volume, By Wind , 2021 - 2031F |
6.1.4 Bahrain Renewable Energy Market Revenues & Volume, By Solar, 2021 - 2031F |
6.2 Bahrain Renewable Energy Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Renewable Energy Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.2.3 Bahrain Renewable Energy Market Revenues & Volume, By Captive Industrial, 2021 - 2031F |
6.2.4 Bahrain Renewable Energy Market Revenues & Volume, By Commercial , 2021 - 2031F |
6.2.5 Bahrain Renewable Energy Market Revenues & Volume, By Residential, 2021 - 2031F |
7 Bahrain Renewable Energy Market Import-Export Trade Statistics |
7.1 Bahrain Renewable Energy Market Export to Major Countries |
7.2 Bahrain Renewable Energy Market Imports from Major Countries |
8 Bahrain Renewable Energy Market Key Performance Indicators |
9 Bahrain Renewable Energy Market - Opportunity Assessment |
9.1 Bahrain Renewable Energy Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Bahrain Renewable Energy Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Bahrain Renewable Energy Market - Competitive Landscape |
10.1 Bahrain Renewable Energy Market Revenue Share, By Companies, 2024 |
10.2 Bahrain Renewable Energy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |