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Africa Small Hydropower Market

Small Hydropower Market - Africa Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Africa Small Hydropower Market: Snapshot

One of the key factors currently driving the Africa small hydropower market is the low requirement of capital investments to get projects set up. Players as well as governments are aware of this and intend to make full use of the fact that small hydropower can be cheaper than several other alternative renewables in the long run. The market is also being driven by the minimal impact that small hydropower installations can have on the environment, in comparison to non-renewable sources as well as several large scale renewable power projects. However, the Africa small hydropower market is currently being hampered by the lack of access that several regions have to the key technologies required to successfully run a large-scale implementation process. The market is also being restricted by the lack of grid-based infrastructure that can support and make use of multiple small hydropower installations within an area.

In terms of production capacity, the African Small Hydropower market had reached 9,752.9 MW in 2015. It is very likely to reach 49,706.1 MW by the end of 2024, after expanding at a CAGR of 19.2% within the forecast period from 2016 to 2024.

africa small hydropower market

North and South African Countries Dominate Small Hydropower Usage

In terms of nations, the Africa small hydropower market can be segmented into Zambia, Morocco, South Africa, Tanzania, Nigeria, Ghana, and a collective minority of other nations. For 2015, it was observed that the southern and northern African nations held the leading shares in the Africa small hydropower market in terms of potential capacity for power generation. Emerging economies from Eastern Africa, Central Africa, and Western Africa are likely to be the core upcoming markets for small hydropower over the coming years.

The significant expansion of hydropower and the increasing emphasis put on hydroelectricity in developing regions are anticipated to be key drivers to the Africa small hydropower market. The future for small hydropower in Africa is expected to witness two tracks running in parallel to each other. One of them is the number of grid-connected projects that are popping up and that are intended to generate power to be fed into the national grid. The other is the growing number of small scale systems intended for private use. The future of grid-tied systems is linked to the policies adopted by several nations regarding the development of renewable energy sources.

Zambia and Ghana Show High Potential for Small Hydropower Adoption

In terms of potential growth in the Africa small hydropower market in production capacities, Zambia is likely to show an above-average CAGR of 20% within the forecast period from 2016 to 2024. This is currently considered the leading growth rate amongst all the African countries included in the Africa small hydropower market and under consideration within this report.

Ghana is expected to have a very strong impact on the increase in the overall capacity for the forecast period of 2015-2024. Ghana’s share of potential capacity for the year 2024 is expected to be close to 10% of the entire potential capacity for Africa. Small hydro plants have a longer life span of up to 50 years which makes it reliable and economical source of energy conversion. Small hydro has high capacity utilization factor up to 50% which results in higher output as compared to wind and solar power which accounts for 25% and 20% respectively. Small hydro plant can be operated continuously at any temperature and wind condition which makes it economical and flexible.

Key players in the global small hydropower market so far, have included Mecamidi, Africa Infrastructure Investment Managers (AIIM), Eco Power Holdings, Artelia, Lesotho Electricity Company, Agder Energi AS, Ontario Power Generation, Inc., Voith GmbH, Alstom SA, Andritz, Siemens AG, Eskom Holdings, BC Hydro and Power Authority, StatKraft AS, RusHydro PJSC, ZESCO Ltd., Fortum OYJ, and Mozambique Electricity Company.

Rise in Rural Electrification Initiatives to Increase the Growth Opportunities across the Small Hydropower Market

The small hydropower market will observe a stable growth rate across the assessment period of 2016-2024 owing to an increase in the rural electrification initiatives around the world and the low capital investment requirements to set up projects. All these factors bring tremendous growth opportunities for the small hydropower market. Furthermore, the rising popularity of small hydropower plants as a cost-effective renewable energy source option will bring immense growth prospects during the forecast period.

  • Small hydropower plants use small streams and rivers to generate electricity. Small hydropower plants are cheaper alternatives to other renewable systems and it has minimal impact on the environment. The use of small hydropower machines for a plethora of applications related to electrification will prove to be a significant growth-generating factor during the tenure of 2016-2024.
  • The ongoing and research development activities are expected to bring extensive growth prospects for the small hydropower market. The players in the small hydropower market invest in these activities for finding new developments and features. These aspects help in generating revenues, eventually bringing good growth opportunities for the small hydropower market. The players also concentrate on expansion activities.
  • Strategic collaborations form a crucial part of the growth of the small hydropower market. Mergers, acquisitions, joint ventures, and partnerships efficiently increase the influence of the players in the small hydropower market, eventually boosting the growth prospects.
  • The COVID-19 pandemic has caused distress across the globe. The growth of many businesses and sectors has been damaged due to the same. The COVID-19-induced lockdowns across many countries led to the shutting down of manufacturing units and production facilities. These factors had a grave impact on the growth of the small hydropower market. With the introduction of relaxations in the lockdown, the players in the small hydropower market are trying to revive lost growth.

The Small Hydropower Market for Africa has been segmented as follows:

Country Analysis
  • Ghana
  • Nigeria
  • Tanzania
  • South Africa
  • Morocco
  • Zambia
  • Rest of Africa

    1. Preface
         1.1. Market Definition & Segmentation
         1.2. Research Highlights
         1.3. Report Assumptions
         1.4. Research Methodology

    2. Executive Summary
         2.1. Africa Small Hydropower Market, 2015 - 2024, (Potential Capacity – MW)
         2.2. Africa – Potential Capacity Trends – By Country (2016)
         2.3. Africa Small Hydropower Market, By Potential Capacity (MW) Forecast, 2015–2024

    3. Africa Small Hydropower Market – Market Overview
         3.1. Introduction
                3.1.1. Small Hydropower Definition
                3.1.2. Key Countries
                3.1.3. Key Players
                3.1.4. Key Industry Developments
                3.1.5. Market Indicators
         3.2. Market Dynamics
                3.2.1. Market Drivers
                         3.2.1.1. Low Capital Investment
                         3.2.1.2. Low Generation Cost
                         3.2.1.3. Minimum Environment Impact
                3.2.2. Market Restraints
                         3.2.2.1. Lack of access to appropriate technologies
                         3.2.2.2. Absence of infrastructure for manufacturing, installation and operation
                         3.2.2.3. Dearth of local capacity to design and develop small hydropower
         3.3. Opportunity Analysis
                3.3.1. Growing need for off-grid electricity in the future
         3.4. Porter’s Five Forces Analysis
                3.4.1. Bargaining Power of Suppliers
                3.4.2. Bargaining Power of Buyers
                3.4.3. Threat of Substitutes
                3.4.4. Threat of New Entrants
                3.4.5. Degree of Competition
         3.5. Africa Small Hydropower Market – Value Chain Analysis

    4. Africa Small Hydropower Market Analysis – By Country
         4.1. Key Findings
         4.2. Introduction – Small Hydropower Market 
                4.2.1. Morocco Potential Capacity (MW) 2015-2024
                4.2.2. South Africa Potential Capacity (MW) 2015-2024
                4.2.3. Tanzania Potential Capacity (MW) 2015-2024
                4.2.4. Zambia Potential Capacity (MW) 2015-2024
                4.2.5. Ghana Potential Capacity (MW) 2015-2024
                4.2.6. Nigeria Potential Capacity (MW) 2015-2024
                4.2.7. Rest of Africa Potential Capacity (MW) 2015-2024
         4.3. Africa Small Hydropower Market Potential Capacity Share Analysis, by Country
         4.4. Africa Small Hydropower Market Forecast, by Country
         4.5. Africa Small Hydropower Market – Current Market Trends
         4.6. Africa Small Hydropower Market Attractiveness Analysis By Country

    5. Competitive Landscape
         5.1. Company Market Share Analysis
         5.2. Competition Matrix
                5.2.1. AIIM Pty. Ltd
                5.2.2. Ontario Power Generation, Inc.
                5.2.3. Siemens AG
                5.2.4. ESKOM Holdings
         5.3. Company Profiles
                5.3.1. Mecamidi
                         5.3.1.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.1.2. Company Description
                         5.3.1.3. Product & Services 
                5.3.2. Africa Infrastructure Investment Managers (AIIM)
                         5.3.2.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.2.2. Company Description
                         5.3.2.3. Product & Services 
                5.3.3. Eco Power Holdings
                         5.3.3.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.3.2. Company Description
                         5.3.3.3. Product & Services
                5.3.4. Artelia
                         5.3.4.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.4.2. Company Description
                         5.3.4.3. Product & Services
                         5.3.4.4. Net Projects Breakdown, by Geography
                         5.3.4.5. Global Turnover
                         5.3.4.6. Key Insights
                5.3.5. Lesotho Electricity Company
                         5.3.5.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.5.2. Company Description
                         5.3.5.3. Product & Services
                         5.3.5.4. SWOT Analysis
                         5.3.5.5. Strategic Overview
                         5.3.5.6. Financial Details 
                5.3.6. Agder Energi AS
                         5.3.6.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.6.2. Company Description
                         5.3.6.3. Product & Services 
                         5.3.6.4. SWOT Analysis
                         5.3.6.5. Strategic Overview
                         5.3.6.6. Financial Details 
                5.3.7. Ontario Power Generation Inc.
                         5.3.7.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.7.2. Company Description
                         5.3.7.3. Product & Services
                         5.3.7.4. SWOT Analysis
                         5.3.7.5. Strategic Overview
                         5.3.7.6. Financial Details 
                5.3.8. Voith GmbH
                         5.3.8.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.8.2. Company Description
                         5.3.8.3. Product & Services
                         5.3.8.4. SWOT Analysis
                         5.3.8.5. Strategic Overview
                         5.3.8.6. Financial Details
                5.3.9. Alstom SA
                         5.3.9.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.9.2. Company Description
                         5.3.9.3. Product & Services
                         5.3.9.4. Global Turnover
                         5.3.9.5. Key Insights
                5.3.10. Andritz
                         5.3.10.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.10.2. Company Description
                         5.3.10.3. Product & Services
                         5.3.10.4. Key Insights
                         5.3.10.5. Financial Details 
                5.3.11. Siemens AG
                         5.3.11.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.11.2. Company Description
                         5.3.11.3. Product & Services
                         5.3.11.4. SWOT Analysis
                         5.3.11.5. Financial Details
                         5.3.11.6. Strategic Overview
                5.3.12. Eskom Holdings
                         5.3.12.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.12.2. Company Description
                         5.3.12.3. Product & Services
                         5.3.12.4. SWOT Analysis
                         5.3.12.5. Financial Details
                         5.3.12.6. Strategic Overview
                5.3.13. BC Hydro and Power Authority
                         5.3.13.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.13.2. Company Description
                         5.3.13.3. Product & Services
                         5.3.13.4. SWOT Analysis
                         5.3.13.5. Financial Details
                5.3.14. StatKraft
                         5.3.14.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.14.2. Company Description
                         5.3.14.3. Product & Services
                         5.3.14.4. SWOT Analysis
                         5.3.14.5. Financial Details
                5.3.15. RusHydro PJSC
                         5.3.15.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.15.2. Company Description
                         5.3.15.3. Product & Services
                         5.3.15.4. SWOT Analysis
                         5.3.15.5. Strategic Overview
                         5.3.15.6. Financial Details 
                5.3.16. Fortum Oyj
                         5.3.16.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.16.2. Company Description
                         5.3.16.3. Product & Services
                         5.3.16.4. SWOT Analysis
                         5.3.16.5. Financial Details
                5.3.17. ZESCO Ltd.
                         5.3.17.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.17.2. Company Description
                         5.3.17.3. Product & Services
                         5.3.17.4. SWOT Analysis
                         5.3.17.5. Strategic Overview
                         5.3.17.6. Financial Details 
                5.3.18. Mozambique Electricity Company
                         5.3.18.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.18.2. Company Description
                         5.3.18.3. Business Lines
                         5.3.18.4. SWOT Analysis
                         5.3.18.5. Strategic Overview
                         5.3.18.6. Financial Details 
                5.3.19. Practical Action
                         5.3.19.1. Company Details (HQ, Established Year, Revenue, Employee Strength, Key Management and Website)
                         5.3.19.2. Company Description
                         5.3.19.3. Financial Details
                         5.3.19.4. SWOT Analysis
                         5.3.19.5. Strategic Overview
                         5.3.19.6. Financial Details 

    List of Tables

    Table 01: Africa Small Hydropower Market Potential Capacity (MW) Forecast, by Country, 2015–2024 

    List of Figures

    Figure 01: Africa Small Hydropower Market, By Potential Capacity (MW) Forecast, 2015–2024
    Figure 02: Morocco Potential Capacity (MW) 2015–2024
    Figure 03: South Africa Potential Capacity (MW) 2015–2024
    Figure 04: Tanzania Potential Capacity (MW) 2015–2024
    Figure 05: Zambia Potential Capacity (MW) 2015–2024
    Figure 06: Ghana Potential Capacity (MW) 2015–2024 
    Figure 07: Nigeria Potential Capacity (MW) 2015–2024 
    Figure 09: Africa Small Hydropower Market Value Share Analysis, by Country, 2016 and 2024 
    Figure 10: Africa Small Hydropower Market Attractiveness Analysis by Country
    Figure 11: Africa Small Hydropower Market – Market Share Analysis by Company (2015)

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Africa Small Hydropower Market

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