SOLV Energy, Inc. (NYSE: MWH) is a leading provider of sustainable energy solutions, specializing in solar photovoltaic (PV) systems, energy storage, and comprehensive energy management services across residential, commercial, and utility-scale markets. Founded in 2011 and headquartered in Tempe, Arizona, the company designs, engineers, procures, constructs, and maintains solar energy projects; battery energy storage systems; electric vehicle (EV) charging infrastructure; and related rooftop and ground-mount solar installations, serving customers throughout the United States with a focus on the southwestern and southeastern regions.
The company's core offerings include full-service engineering, procurement, and construction (EPC) for solar PV projects; operation and maintenance (O&M) services for solar assets; development and financing of community solar programs; and turnkey energy storage solutions integrated with solar-plus-storage systems. SOLV Energy operates through key subsidiaries such as SOLV Energy Development, which focuses on project development pipelines exceeding 5 GW of solar capacity, and SOLV O&M, providing long-term asset management; it targets commercial and industrial (C&I) clients, utilities, municipalities, and homeowners, with notable projects including large-scale utility solar farms and distributed generation for data centers and manufacturing facilities.
In recent developments, SOLV Energy went public in April 2025 via a NYSE listing under ticker MWH following its merger with a special purpose acquisition company (SPAC), significantly expanding its capital access for growth initiatives. The company announced a major strategic partnership with NextEra Energy Resources in late 2025 for co-developing 1.2 GW of solar-plus-storage projects across California and Texas, alongside securing a $500 million funding round led by institutional investors to accelerate its utility-scale pipeline. Additionally, in Q4 2025, SOLV launched its proprietary SOLV Flex energy management platform, enabling AI-optimized demand response and virtual power plant (VPP) services for commercial customers, marking its entry into smart grid software solutions.