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Solar Power in Nevada

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NV22111e

Solar Power in Nevada industry analysis

The Solar Power industry in Nevada is expected to grow an annualized x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Solar Power in Nevada Market Research Report

What’s Included in the Solar Power in Nevada Market Research Report

Definition of the Solar Power in Nevada?

Operators in this industry own and operate solar-power-generating facilities, such as photovoltaic panels or solar thermal power stations, that use mirrors or lenses to concentrate the sun’s energy. This industry covers utility-scale solar and does not include distributed energy.

What’s included in the Solar Power in Nevada?

The Solar Power in Nevada includes generating photovoltaic power and generating concentrated solar power. Related terms covered in the Solar Power in Nevada industry report includes a specialized semiconductor diode that converts sunlight into electricity, electricity from sources that can be switched on or off to meet seasonal demand, a technology that uses mirrors to focus sunlight on a surface to create energy and all types of renewable energy.

Industry Performance of the Solar Power industry in Nevada

Benchmark the Solar Power in Nevada industry performance with all NV county and national performance.

Solar Power in Nevada

#12 in Highest Revenue 2.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Solar Power in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Solar Power industry in Nevada

See how key industry drivers, such as population, median houshold income, new business formation, tax credits for energy efficiency, electric power consumption and price of natural gas are impacting Solar Power in Nevada

Nevada Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in NV State Economic profile

US Key External Drivers

Tax credits for energy efficiency
Electric power consumption
Price of natural gas

For the full list of industry drivers, see report purchase options.

County Data of the Solar Power industry in Nevada

Access proprietary data on county in the Solar Power in Nevada, such as Clark County, Washoe County and Churchill County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Solar Power industry in Nevada

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Solar Power industry in Nevada in 2025?

The market size of the Solar Power industry in Nevada is $819.2m in 2025.

How many businesses are there in the Solar Power industry in Nevada in 2025?

There are 21 businesses in the Solar Power industry in Nevada, which has been growing at an average annual rate of 24.6% from 2020 to 2025.

Has the Solar Power industry in Nevada grown or declined over the past 5 years?

The market size of the Solar Power industry in Nevada has been growing at an average annual rate of 23.0% from 2020 to 2025.

How many employees in the Solar Power industry in Nevada in 2025?

There are 112 employees in the Solar Power industry in Nevada, which has been growing at an average annual rate of 27.7% from 2020 to 2025.