In latest news SOLV Energy shared a particularly cool plan. Their goal is to create six gigawatts (GW) of new solar projects in all 50 states across the country. That surprise announcement came in the midst of that conference, CLEANPOWER 2025, taking place in Phoenix, Arizona. With such large projects with long construction timelines, construction mobilizations for these long-awaited projects won’t begin until 2025. Specifically, they will touch down in Arizona, California, Mississippi, Nevada, Oregon, and Texas.
The resulting projects would have assets that all of the involved companies would own and operate. These firms are Arevon, Clēnera, Sol Systems, iNewSun Energy, Enfinity Global, and Panamint Capital. This partnership demonstrates the increasing demand for renewable energy and SOLV Energy’s focus on growing its solar expertise.
George Hershman, CEO of SOLV Energy just highlighted the importance of these projects, saying,
“The significant number of projects that we have been awarded so far this year shows that customers recognize the investments we have made to expand our capabilities, and our value as a true lifecycle provider.”
The solar proposals are a strong indication that the country is firmly reacting to the overwhelming need and demand for clean, renewable solar energy. As environmental concerns rise and the need for sustainable energy sources becomes more pressing, companies like SOLV Energy are positioning themselves to meet these challenges head-on.
This milestone investment is a testament to SOLV Energy’s extraordinary evolution. More importantly, it signals a serious commitment to making a transition to renewable energy generation. Through its proactive approach, the company is focused on delivering the most reliable and scalable energy solutions, while continuing to power the rapidly evolving energy landscape.
“Demand for energy is continuing to grow rapidly and we are committed to investing in the capabilities our customers need for larger and increasingly complex power projects.”
This significant investment not only underscores SOLV Energy’s growth but also highlights a broader commitment to transitioning towards renewable energy sources. The company’s proactive approach aims to deliver reliable and scalable energy solutions while supporting the evolving energy landscape.