Key Market Indicators
Belarus is poised for significant growth in its renewable energy sector, with projections indicating that its renewable generation will reach 0.85 Terawatt-hours by 2028. This marks an increase from the 0.65 Terawatt-hours recorded in 2023, reflecting a compound annual growth rate (CAGR) of 4.2%. Since 2009, Belarus has seen its renewable energy supply grow by an impressive 14.6% annually. In the global rankings for renewable energy generation in 2023, Belarus was positioned at 32nd. Notably, Cyprus surpassed Belarus with a generation of 0.65 Terawatt-hours. Leading the charts, the United Kingdom, Spain, and France secured the second, third, and fourth positions respectively in renewable energy generation.
