SOLV Energy
MWH · NASDAQ · Utilities
$26.46
+$0.76 (+2.88%) today
Market Cap
$5.36B
24h Volume
$42.9M
P/E Ratio
44.9
52w High
$46.77
52w Low
$23.86
Est. AI Revenue
30%
7-Day Sparkline (Static)
Company facts
Performance
About SOLV Energy
SOLV Energy is one of the largest utility scale solar and battery storage engineering, procurement, and construction contractors in the United States. It designs and builds large solar and storage projects for utilities, independent power producers, and project developers, and it also manages ongoing operations and maintenance work on plants it has already completed.
Its business spans utility scale solar EPC, battery energy storage EPC, and long running operations and maintenance services. Utilities and power producers across the country are adding solar and storage capacity to meet rising electricity demand, and AI data centers are a growing share of that demand.
Founded in 2008 and headquartered in San Diego, California, SOLV Energy trades on the Nasdaq under the ticker MWH and employs roughly 2,600 people.
SOLV Energy in the AI buildout
SOLV Energy sits in the Power & Energy layer of the AI buildout. It builds the utility scale solar and battery storage projects that utilities and independent power producers need to add generation and capacity fast enough to keep up with rising electricity demand, of which AI data centers are one driver among several. Its exposure is real but indirect: it earns revenue from the utilities and power producers building this capacity, not from data center operators directly, which is why Supercycle rates it Growing rather than Strategic.
MWH is tracked in Power & Energy, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
MWH trades at $26.46, 11% of the way up its 52-week range of $23.86 to $46.77.
Market cap
Market capitalization is $5.36B, with an AI Exposure Score of 30 out of 100.
Valuation vs peers
Its P/E ratio of 44.9 is above the Power & Energy category median of 30.8.
Next earnings
SOLV Energy is next expected to report earnings on November 12, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does SOLV Energy do?
SOLV Energy is an engineering, procurement, and construction contractor that builds utility scale solar and battery storage projects for utilities, independent power producers, and project developers, and it also provides ongoing operations and maintenance services.
How is SOLV Energy exposed to AI?
Supercycle rates SOLV Energy Growing with an AI Exposure Score of 30 out of 100. Rising electricity demand from AI data centers is one driver behind the solar and storage capacity it builds, alongside broader renewable energy growth.
What are SOLV Energy's main products?
Its main lines of business are utility scale solar EPC, battery energy storage EPC, and operations and maintenance services for solar and storage plants it has already built.
Is MWH a pure play AI stock?
No. SOLV Energy is rated Growing on Supercycle. AI data center demand is a meaningful and growing driver of its backlog, but most of its work still serves the broader utility scale renewable energy market.
Who leads SOLV Energy and where is it based?
George Hershman is the company's founder and chief executive officer. SOLV Energy is headquartered in San Diego, California, employs roughly 2,600 people, and trades on the Nasdaq.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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