S

SOLV Energy

EPC and O&M for utility-scale solar

Engineer 3

Full-TimeUpdated on 10/23/2026
$112.7k - $135.2k
Mid, Senior
Bachelor's
San Diego, CA, USA
HybridHybrid with regular in-office presence in San Diego; travel up to 20% to project sites or partner offices and in-person AHJ meetings as needed.
Electrical EngineeringPower Systems Engineering
No H1B Sponsorship

About the job

Requirements
  • Four to seven years of progressive engineering experience in EPC, renewable energy, utilities, or large-scale infrastructure projects.
  • A bachelor's degree in Engineering; an Electrical or Solar focus is preferred.
  • Engineer-in-Training (Fundamentals of Engineering) credential.
  • Proficiency in AutoCAD.
  • Working knowledge of Primavera P6 or similar scheduling tools.
  • Ability to manage multiple tasks and priorities in parallel.
  • Strong organizational skills and attention to detail.
  • Proficiency in Microsoft Office applications.
  • Ability to work collaboratively across teams.
  • Ability to adapt and respond quickly in a fast-paced EPC environment.
  • Self-motivation and accountability.
  • Clear written and verbal communication skills.
  • Ability to travel up to 20% to project sites or partner offices and work in active construction environments, with reasonable accommodation.
  • Legally authorized to work in the United States without requiring employer sponsorship now or in the future.
Responsibilities
  • Perform all essential Engineer II responsibilities.
  • Document minutes for engineering and permitting-related meetings and distribute action items.
  • Review technical request for proposal documents and provide engineering and permitting input to the estimating team.
  • Represent engineering and permitting teams during pursuit and early-phase coordination meetings.
  • Ensure coordination of design deliverables prepared by internal and external stakeholders responsible for project scope.
  • Develop working knowledge of project-specific design requirements, including SOLV standards, owner and contract requirements, and permitting conditions.
  • Review consultant deliverables for alignment with project-specific requirements and flag deviations or risks for escalation.
  • Track and manage engineering and permitting deliverable schedules in coordination with project management.
  • Act as a single point of contact for all engineering disciplines to internal and external stakeholders.
  • Review and approve consultant proposals, scopes of work, schedules, and budgets.
  • Provide QA/QC oversight of individual consultant work products and integrated multidisciplinary designs.
  • Share lessons learned and best practices across projects to improve future execution.
  • Manage Owner, Owner’s Engineer, and Independent Engineer submittals.
  • Coordinate review comments with consultants and track responses to closure.
  • Assist in responding to Owner and Independent Engineer comments and clarifications.
  • Represent the engineering and permitting team during Owner and consultant meetings as assigned.
  • Support permitting by coordinating with Authorities Having Jurisdiction at federal, state, and local levels.
  • Attend in-person Authority Having Jurisdiction meetings as needed.
  • Act as a coordination point between internal engineering teams, external consultants, and Authorities Having Jurisdiction.
  • Track engineering and permitting changes that may affect project scope, cost, or schedule and elevate risks appropriately.
  • Develop familiarity with Authority Having Jurisdiction requirements across jurisdictions and assist in communicating those requirements to internal teams.
  • Assist with due diligence during request for proposal stages, including review of conditional use permits, environmental studies, wetlands permits, and related documentation.
  • Support preparation, QA/QC, and submission of permit applications.
  • Review EPC contract exhibits related to owner- and contractor-obtained permits and flag issues or inconsistencies.
  • Review EPC contract exhibits for value engineering opportunities and compliance with SOLV standards.
  • Identify gaps in existing engineering processes and workflows through collaboration with internal and external stakeholders.
  • Develop process updates and standards to increase efficiency and value of the Engineering team.
  • Train the team on process changes.
Desired Qualifications
  • An Electrical or Solar focus in the Engineering degree.

About the company

SOLV Energy provides end-to-end infrastructure services for utility-scale solar, energy storage, and high-voltage substations in North America. It handles the full project lifecycle, including engineering, procurement, and construction (EPC) and long-term operations and maintenance (O&M), with design, procurement, self-performed construction, commissioning, and 24/7 monitoring from a NERC-compliant control center. The company differentiates itself through a standalone growth-focused structure after recent acquisitions and a track record of building over 21 GW across 500+ plants while managing more than 22 GW of solar and storage assets for developers, IPPs, and utilities on large-scale projects. Its goal is to enable reliable, long-lasting renewable energy infrastructure by delivering integrated project execution and ongoing asset optimization at scale.

Company Size

1,001-5,000

Company Stage

Post IPO Equity

Headquarters

San Diego, California

Founded

2008

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Simplify's Take

What believers are saying

  • Q2 2026 revenue hit $951 million, up 77%, showing strong backlog conversion.
  • Backlog reached $8.9 billion by June 30, 2026, with $2.5 billion storage-related.
  • Management raised 2026 revenue guidance to $3.87 billion-$3.97 billion after strong first-half results.

What critics are saying

  • Turner v. Solv Energy settled in 2026, exposing recurring labor-compliance vulnerability.
  • Adjusted gross margin guidance fell to 16.0%-16.6% in August 2026, squeezing execution.
  • Heavy dependence on solar EPC leaves SOLV exposed if utility demand slows in 2027.

What makes SOLV Energy unique

  • George Hershman built SOLV Energy from Swinerton's 2008 solar division.
  • July 1, 2026, Roberson Waite added utility substation construction and commissioning expertise.
  • SOLV Energy's $8.9 billion backlog mixes EPC, O&M, and storage-heavy projects.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • 401(k) Retirement Plan

Growth & Insights and Company News

6 month growth

30%

1 year growth

30%

2 year growth

30%
MarketBeat
Aug 14th, 2026
SOLV Energy (NASDAQ:MWH) given New $42.00 price target at Robert W. Baird.

SOLV Energy (NASDAQ:MWH) given New $42.00 price target at Robert W. Baird. August 14, 2026 Key points. * Robert W. Baird lowered SOLV Energy's price target from $50 to $42 while maintaining an "outperform" rating, implying about 28% upside from the prior close. * Analyst sentiment remains broadly positive, with an overall "Moderate Buy" consensus and an average price target of $39.27, despite ratings ranging from strong buy to sell. * SOLV Energy reported quarterly EPS of $0.30, beating estimates by $0.04, while revenue rose 77.4% year over year to $951.24 million; its shares opened at $32.73 after rising 8.8%. * Interested in SOLV Energy? Here are five stocks we like better. SOLV Energy (NASDAQ:MWH - Get Free Report) had its target price decreased by investment analysts at Robert W. Baird from $50.00 to $42.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Robert W. Baird's target price suggests a potential upside of 28.32% from the stock's previous close. Several other analysts have also weighed in on MWH. Canadian Imperial Bank of Commerce upped their price objective on SOLV Energy from $37.00 to $38.00 and gave the company an "outperformer" rating in a report on Monday, April 20th. KeyCorp upped their price target on shares of SOLV Energy from $36.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, May 13th. UBS Group restated a "neutral" rating and set a $50.00 price objective (up from $42.00) on shares of SOLV Energy in a research report on Thursday, May 14th. Weiss Ratings initiated coverage on shares of SOLV Energy in a report on Wednesday, June 3rd. They issued a "sell (d)" rating on the stock. Finally, Zacks Research raised shares of SOLV Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, SOLV Energy has an average rating of "Moderate Buy" and an average price target of $39.27. SOLV Energy trading up 8.8%. Shares of MWH opened at $32.73 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50-day moving average of $30.57. SOLV Energy has a 52-week low of $23.83 and a 52-week high of $48.40. SOLV Energy (NASDAQ:MWH - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. The company had revenue of $951.24 million during the quarter. The firm's revenue was up 77.4% compared to the same quarter last year. As a group, sell-side analysts predict that SOLV Energy will post 1.49 EPS for the current year. Institutional trading of SOLV Energy. An institutional investor recently raised its stake in SOLV Energy stock. Bank of New York Mellon Corp grew its position in SOLV Energy Inc. (NASDAQ:MWH - Free Report) by 697.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,660 shares of the company's stock after buying an additional 86,290 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.08% of SOLV Energy worth $3,359,000 at the end of the most recent quarter. SOLV Energy company profile. SOLV Energy NASDAQ: MWH is a renewable energy company that develops, constructs and operates solar and energy storage projects. The firm provides solutions aimed at reducing customers' reliance on traditional grid power by pairing photovoltaic systems with battery storage where appropriate. SOLV's activities are centered on delivering commercial-scale and distributed generation projects for business, institutional and public sector clients. Discover more Dividend screener tool Stock profit calculator EV market analysis The company's services encompass multiple phases of project delivery, including site assessment, system design, procurement, engineering and construction, and ongoing operations and maintenance. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider SOLV Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SOLV Energy wasn't on the list. While SOLV Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

Yahoo Finance
Aug 13th, 2026
SOLV Energy reports record H1 2026 revenue of $1.6B, raises guidance after $8.9B backlog growth

SOLV Energy reported record financial results for the second quarter of 2026, with revenue increasing 77% year-over-year to $951 million. First-half revenue reached $1.628 billion, up 72% from the previous year, driven by increased construction activity and mergers and acquisitions. The company's total backlog grew 44% year-over-year to approximately $8.9 billion as of 30 June 2026. SOLV now has over 23 GW under contract for operations and maintenance services. Second-quarter gross profit reached $140 million, with first-half results totalling $259 million. On 1 July 2026, SOLV completed its acquisition of Roberson Waite Electric. Chief Executive Officer George Hershman said the company is raising its full-year financial guidance, citing strong execution and growing customer demand for energy infrastructure services.

Defense World
Aug 3rd, 2026
SOLV Energy's $512M IPO lock-up period ends 10 August as analysts set $50 price targets

SOLV Energy's lock-up period ends on 10 August, allowing company insiders and major shareholders to trade their shares. The renewable energy company raised $512.5 million in its initial public offering on 11 February, issuing 20.5 million shares at $25 each. Analyst coverage has been mixed, with ten buy ratings, two hold ratings and one sell rating. Recent price targets range from $38 to $50, with firms including Robert W. Baird and Guggenheim raising their targets to $50. Shares opened at $28.43 on Monday, within the company's trading range of $23.83 to $48.40. SOLV Energy develops, constructs and operates solar and energy storage projects for commercial, institutional and public sector clients.

Yahoo Finance
Jul 31st, 2026
AI data centres drive energy IPO boom as Solv Energy, X-energy, and Fervo Energy go public

Modern data centres' surging energy demands are driving a boom in energy-sector initial public offerings, with several startups entering public markets this year. According to Gartner, data centre electricity consumption is projected to jump 26% in 2026, reaching 565 terawatt-hours. Three companies have recently gone public: Solv Energy, X-energy, and Fervo Energy. Solv Energy, which designs and constructs utility-scale solar and battery storage projects, generated $677 million in revenue and $119 million in gross profit in the first quarter. The company holds an order backlog exceeding $8 billion. Fervo Energy operates in geothermal energy, using horizontal drilling and hydraulic fracturing techniques to build enhanced geothermal systems.

Insider Monkey
Jun 17th, 2026
SOLV Energy (MWH) Prices Upsized $540M Public Stock Offering

SOLV Energy (NASDAQ:MWH) is one of the best up and coming stocks to buy for the next 3 years.