Solar Bio-gas Hybrid Power System Market Forecasts to 2030 – Global Analysis By Component (Direct Solar Panel, Bio-gas Generator, Inverter, Battery Storage System, Controller, Other Components), Fuel Type, System Type, Capacity, Technology, End User and B

According to Stratistics MRC, the Global Solar Bio-gas Hybrid Power System Market is accounted for $3.19 billion in 2024 and is expected to reach $6.69 billion by 2030 growing at a CAGR of 13.1% during the forecast period. A Solar Bio-gas Hybrid Power System is a renewable and sustainable energy source that generates power by combining sun and biogas. This system uses solar panels to generate energy and a biogas generator to create power from biogas, which is made from organic waste. By using biogas power at night or during cloudy conditions and solar power during the day, the hybrid system maximises energy output. By guaranteeing a dependable, environmentally responsible, and effective energy source, it lessens reliance on traditional fossil fuels and promotes waste management and environmental sustainability.

According to international energy agency, majority of the electricity demand in the year 2019 came from industrial sectors electricity demand stood at 26.6% and 21.2%, respectively.

Market Dynamics:

Driver:

Government incentives and subsidies

Programs for government subsidies and incentives lower the high initial installation costs, increasing the technology's accessibility for both enterprises and consumers. Direct financial assistance, tax exemptions, or feed-in tariffs—which set a price for power produced from renewable resources—can all be considered forms of subsidies. These incentives promote broader use of hybrid power systems and boost market expansion by reducing the cost barrier to entry. Additionally, by demonstrating the government's commitment to renewable energy, this assistance encourages more investment and innovation in the field.

Restraint:

Land and resource availability

Large areas of land are needed for these systems in order to place solar panels and biogas facilities. Developments in agriculture, industry, and housing frequently create rivalry for available land. Furthermore, the generation of biogas necessitates the availability of organic waste materials, which might not be easily accessible in some areas. Project viability may be hampered by a lack of suitable land and waste resources, which might raise operating expenses. This imbalance can slow the growth of hybrid power systems in regions with constrained land and resource access.

Opportunity:

Growing focus on circular economy

Waste and dependency on landfills are decreased by the efficient use of waste biomass for biogas generation brought about by the increased emphasis on circular economy concepts. The method of producing biogas closes the circle in agricultural cycles by producing biofertilizer, a desirable byproduct. This strategy promotes resource efficiency and reduces environmental impact, which is consistent with the principles of the circular economy. The demand for these hybrid systems is being driven by consumers' and companies' growing interest in sustainable energy solutions. Market expansion is further accelerated by government regulations and subsidies that encourage renewable energy.

Threat:

Climate and weather variability

Sunlight is essential for solar power generation, yet erratic weather conditions like cloud cover or seasonal variations can lower energy production. In turn, humidity and temperature variations affect the generation of bio-gas, which affects the stability of the system. System outages can result from severe weather events like floods or storms damaging infrastructure. Market confidence may be impacted by these interruptions as they may raise questions about the energy supply. Consequently, erratic climatic patterns impede market growth and long-term investments.

Covid-19 Impact

The COVID-19 pandemic significantly impacted the Solar Bio-gas Hybrid Power System market, causing disruptions in manufacturing and supply chains. Lockdowns and restrictions slowed down project installations and delayed research and development activities. However, as demand for sustainable energy solutions increased post-pandemic, there was a gradual recovery. Governments' focus on clean energy and green recovery initiatives bolstered market growth, driving investments and innovations in hybrid power systems that combine solar and bio-gas technologies for more efficient energy production.

The bio-gas generator segment is expected to be the largest during the forecast period

The bio-gas generator segment is expected to account for the largest market share during the forecast period, due to the intermittent nature of solar power. This continuous generation enhances the overall stability and efficiency of the hybrid system. By utilizing organic waste for bio-gas production, these generators offer a sustainable waste management solution. This process reduces reliance on fossil fuels and lowers greenhouse gas emissions. The integration of bio-gas generators strengthens the economic viability of the hybrid system, as bio-gas can be produced locally, reducing energy costs and dependence on external fuel sources.

The agricultural sector segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the agricultural sector segment is predicted to witness the highest growth rate, due to the agricultural waste, such as crop residues and livestock manure, provides feedstock for biogas production, fuelling the hybrid system. This reduces waste management issues and creates a valuable energy source. Simultaneously, solar energy complements biogas generation, ensuring a consistent power supply for agricultural operations. This integrated approach enhances energy independence for farmers and promotes sustainable agriculture. Additionally, government incentives and growing environmental awareness further drive the adoption of these systems within the agricultural sector.

Region with largest share:

During the forecast period, the South America region is expected to hold the largest market share due to the region's abundant solar resources and significant agricultural activity. This market offers a sustainable solution to energy needs, particularly in rural areas with limited grid access. The technology combines solar photovoltaic panels with biogas digesters, utilizing agricultural waste for biogas production. This hybrid approach ensures a more reliable energy supply compared to relying solely on solar or biogas. The market is driven by the need for clean energy, reduced reliance on fossil fuels, and improved waste management practices. As awareness of the benefits increases and costs decrease, the adoption of these systems is expected to rise across South America.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, owing to the increasing energy demands and abundant agricultural resources. Supportive government policies and rising environmental concerns further accelerate market expansion. Technological advancements and decreasing costs make these systems more accessible. Countries like India and China are leading the market with significant investments. The versatility of these systems, suitable for on-grid and off-grid applications, drives their adoption. This trend contributes to sustainable development and energy security in the region.

Key players in the market

Some of the key players profiled in the Solar Bio-gas Hybrid Power System Market include Adani Green Energy Limited, Sterling & Wilson, ReNew Power, JSW Energy, Greenko Group, Tata Power Renewable Energy Limited, NextEra Energy, First Solar, Enphase Energy, WELTEC BIOPOWER, PLANET BIOENERGY, ABJ Inc. and Husk Power Systems.

Key Developments:

In August 2024, ReNew announced a contract for the sale of green attributes amounting to 437.6 MW with Microsoft. The contract will generate over one million units of green electricity annually and includes a commitment of approximately US $15 million towards community fund initiatives focused on environmental justice.

In June 2023, ReNew Power entered a partnership with WattPower to supply 1.2 GW of string inverters. This collaboration is valued at around INR 200 crores and is aimed at bolstering India's transition to clean energy while supporting ReNew's target of achieving 5 GW of solar projects.

Components Covered:
• Solar Panel
• Bio-gas Generator
• Inverter
• Battery Storage System
• Controller
• Other Components

Fuel Types Covered:
• Agricultural Waste
• Animal Manure
• Food Waste
• Industrial Waste
• Municipal Solid Waste (MSW)
• Other Fuel Types

System Types Covered:
• Off-grid
• On-grid

Capacities Covered:
• Small-scale (up to 10 kW)
• Medium-scale (10 kW to 100 kW)
• Large-scale (above 100 kW)

Technologies Covered:
• Photovoltaic (PV) Solar Power
• Bio-gas Power Generation
• Hybrid

End Users Covered:
• Residential Users
• Agricultural Sector
• Industrial Sector
• Commercial Sector
• Utilities
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Solar Bio-gas Hybrid Power System Market, By Component
5.1 Introduction
5.2 Solar Panel
5.3 Bio-gas Generator
5.4 Inverter
5.5 Battery Storage System
5.6 Controller
5.7 Other Components
6 Global Solar Bio-gas Hybrid Power System Market, By Fuel Type
6.1 Introduction
6.2 Agricultural Waste
6.3 Animal Manure
6.4 Food Waste
6.5 Industrial Waste
6.6 Municipal Solid Waste (MSW)
6.7 Other Fuel Types
7 Global Solar Bio-gas Hybrid Power System Market, By System Type
7.1 Introduction
7.2 Off-grid
7.3 On-grid
8 Global Solar Bio-gas Hybrid Power System Market, By Capacity
8.1 Introduction
8.2 Small-scale (up to 10 kW)
8.3 Medium-scale (10 kW to 100 kW)
8.4 Large-scale (above 100 kW)
9 Global Solar Bio-gas Hybrid Power System Market, By Technology
9.1 Introduction
9.2 Photovoltaic (PV) Solar Power
9.3 Bio-gas Power Generation
9.4 Hybrid
10 Global Solar Bio-gas Hybrid Power System Market, By End User
10.1 Introduction
10.2 Residential Users
10.3 Agricultural Sector
10.4 Industrial Sector
10.5 Commercial Sector
10.6 Utilities
10.7 Other End Users
11 Global Solar Bio-gas Hybrid Power System Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Adani Green Energy Limited
13.2 Sterling & Wilson
13.3 ReNew Power
13.4 JSW Energy
13.5 Greenko Group
13.6 Tata Power Renewable Energy Limited
13.7 NextEra Energy
13.8 First Solar
13.9 Enphase Energy
13.10 WELTEC BIOPOWER
13.11 PLANET BIOENERGY
13.12 ABJ Inc.
13.13 Husk Power Systems
List of Tables
Table 1 Global Solar Bio-gas Hybrid Power System Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Solar Bio-gas Hybrid Power System Market Outlook, By Component (2022-2030) ($MN)
Table 3 Global Solar Bio-gas Hybrid Power System Market Outlook, By Solar Panel (2022-2030) ($MN)
Table 4 Global Solar Bio-gas Hybrid Power System Market Outlook, By Bio-gas Generator (2022-2030) ($MN)
Table 5 Global Solar Bio-gas Hybrid Power System Market Outlook, By Inverter (2022-2030) ($MN)
Table 6 Global Solar Bio-gas Hybrid Power System Market Outlook, By Battery Storage System (2022-2030) ($MN)
Table 7 Global Solar Bio-gas Hybrid Power System Market Outlook, By Controller (2022-2030) ($MN)
Table 8 Global Solar Bio-gas Hybrid Power System Market Outlook, By Other Components (2022-2030) ($MN)
Table 9 Global Solar Bio-gas Hybrid Power System Market Outlook, By Fuel Type (2022-2030) ($MN)
Table 10 Global Solar Bio-gas Hybrid Power System Market Outlook, By Agricultural Waste (2022-2030) ($MN)
Table 11 Global Solar Bio-gas Hybrid Power System Market Outlook, By Animal Manure (2022-2030) ($MN)
Table 12 Global Solar Bio-gas Hybrid Power System Market Outlook, By Food Waste (2022-2030) ($MN)
Table 13 Global Solar Bio-gas Hybrid Power System Market Outlook, By Industrial Waste (2022-2030) ($MN)
Table 14 Global Solar Bio-gas Hybrid Power System Market Outlook, By Municipal Solid Waste (MSW) (2022-2030) ($MN)
Table 15 Global Solar Bio-gas Hybrid Power System Market Outlook, By Other Fuel Types (2022-2030) ($MN)
Table 16 Global Solar Bio-gas Hybrid Power System Market Outlook, By System Type (2022-2030) ($MN)
Table 17 Global Solar Bio-gas Hybrid Power System Market Outlook, By Off-grid (2022-2030) ($MN)
Table 18 Global Solar Bio-gas Hybrid Power System Market Outlook, By On-grid (2022-2030) ($MN)
Table 19 Global Solar Bio-gas Hybrid Power System Market Outlook, By Capacity (2022-2030) ($MN)
Table 20 Global Solar Bio-gas Hybrid Power System Market Outlook, By Small-scale (up to 10 kW) (2022-2030) ($MN)
Table 21 Global Solar Bio-gas Hybrid Power System Market Outlook, By Medium-scale (10 kW to 100 kW) (2022-2030) ($MN)
Table 22 Global Solar Bio-gas Hybrid Power System Market Outlook, By Large-scale (above 100 kW) (2022-2030) ($MN)
Table 23 Global Solar Bio-gas Hybrid Power System Market Outlook, By Technology (2022-2030) ($MN)
Table 24 Global Solar Bio-gas Hybrid Power System Market Outlook, By Photovoltaic (PV) Solar Power (2022-2030) ($MN)
Table 25 Global Solar Bio-gas Hybrid Power System Market Outlook, By Bio-gas Power Generation (2022-2030) ($MN)
Table 26 Global Solar Bio-gas Hybrid Power System Market Outlook, By Hybrid (2022-2030) ($MN)
Table 27 Global Solar Bio-gas Hybrid Power System Market Outlook, By End User (2022-2030) ($MN)
Table 28 Global Solar Bio-gas Hybrid Power System Market Outlook, By Residential Users (2022-2030) ($MN)
Table 29 Global Solar Bio-gas Hybrid Power System Market Outlook, By Agricultural Sector (2022-2030) ($MN)
Table 30 Global Solar Bio-gas Hybrid Power System Market Outlook, By Industrial Sector (2022-2030) ($MN)
Table 31 Global Solar Bio-gas Hybrid Power System Market Outlook, By Commercial Sector (2022-2030) ($MN)
Table 32 Global Solar Bio-gas Hybrid Power System Market Outlook, By Utilities (2022-2030) ($MN)
Table 33 Global Solar Bio-gas Hybrid Power System Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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