With the rising of the world’s energy demand, efforts have been directed towards maximizing the utilization of renewable energy resources. In order to meet such rising levels of energy demand, renewable energy technologies have been promoted as they have less environmental impact and contribute to the sustainable development of societies. In this regard, wind energy is mentioned as a genuinely promising source of renewable energy and it is one of the few green energy systems having an everlasting nature and abundance. The purpose of this study is to map and analyze the wind energy technology value chain in Ethiopia. The data was collected from government organizations, private sectors and wind farms made through questionnaire, interview and site visits. Descriptive statistics approach was deployed to analyze the collected data. Despite the tremendous potential of the wind energy and green development plan of the country, the manufacturing and deployment of wind energy technology is still in its infancy stage in Ethiopia. The results of this research showed that most of the micro-grids components could be designed, sourced, manufactured, installed and operated domestically with little support of skilled foreign experts. Also, in large scale wind technologies, there is promising local capacity potential to provide less complicated components and downstream services of wind power plant segments which can be taken as the first tier of the wind industry. And later, it would be possible to upgrade and move towards the upper end of the value chain with the involvement of the private sector participation in the short and medium terms. The weak integration and collaboration of actors, lack of and incentive schemes, low engagement of private sectors, lack of skilled work force and others are identified as barriers facing on the development wind energy value chain of Ethiopia. To overcome these challenges, local capacity building, local content requirement, initiating active community participation, promotion of mini-grade wind technologies, designing inclusive energy framework and road maps, and different financial incentive mechanisms are recommended as the top measurements to strengthen the development of Ethiopian wind industry and enhance the socio-economic benefits obtained from the sector.