Quanta Services Named 2025 Top U.S. Solar and Energy Storage Solutions Provider by Solar Power World

Rhea-AI Summary

Quanta Services (NYSE:PWR) has achieved significant recognition in the solar and energy storage industry, being named the top U.S. solar solutions provider by Solar Power World for the second time in three years, while also securing the top position in their inaugural energy storage solutions ranking.

The company's operating units demonstrated remarkable performance in 2024, installing over 10,000 megawatts of domestic solar capacity and more than 1,200 megawatts of domestic energy storage capacity. This achievement highlights Quanta's pivotal role in developing America's clean energy infrastructure.

Positive

• Installation of over 10,000 megawatts of domestic solar generating capacity in 2024
• Installation of more than 1,200 megawatts of domestic energy storage capacity in 2024
• Named top solar solutions provider in the U.S. for the second time in three years
• Achieved #1 ranking in Solar Power World's first-ever energy storage solutions provider category

Negative

• None.

Quanta Operating Companies Collaborate to Achieve Solar and Energy Storage Industry Top Spot

HOUSTON, July 22, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that it has been named the top solar solutions provider in the United States by Solar Power World for the second time in three years and the top energy storage solutions provider in Solar Power World's first-ever ranking. Quanta operating companies, utilizing their combined expertise and collaborative efforts, installed more than 10,000 megawatts of domestic solar generating capacity and more than 1,200 megawatts of domestic energy storage capacity in 2024.

Duke Austin, Quanta Services' President and Chief Executive Officer said, "This award is a recognition of the grit and resilience of our hardworking team members at projects across the country. As America's energy needs grow, clean, low-cost and affordable energy is rising to meet the demand faster than ever before and Quanta is proud to be leading that charge. From utility-scale solar and storage to the transmission systems that connect it all, we are building, modernizing and maintaining the backbone of a stronger energy future."

The Top Solar Contractors List is the most recognized annual listing of solar contractors in the United States working in the utility, commercial, residential and community solar markets. Companies on the Top Solar Contractors List are grouped and listed by specific service (developer, electrical subcontractor, EPC, installation subcontractor, installer, sales partner), market (commercial, community solar, residential, utility) and states by 2024 installed capacity (in kWDC).

About Quanta Services
Quanta Services is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope.  For more information, visit www.quantaservices.com.

Cautionary Statement About Forward-Looking Statements and Information
This press release (and oral statements regarding the subject matter of this press release) contains forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, the development of and opportunities with respect to future projects, including renewable energy and energy storage projects, as well as statements reflecting expectations, intentions, assumptions or beliefs about future events, and other statements that do not relate strictly to historical or current facts. These forward-looking statements are not guarantees of future performance; rather they involve or rely on a number of risks, uncertainties, and assumptions that are difficult to predict or are beyond our control and reflect management's beliefs and assumptions based on information available at the time the statements are made. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by our forward-looking statements and that any or all of our forward-looking statements may turn out to be inaccurate or incorrect. Forward-looking statements can be affected by inaccurate assumptions and by known or unknown risks and uncertainties including, among others, risks and uncertainties detailed in Quanta's Annual Report on Form 10-K for the year ended December 31, 2024, Quanta's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and any other documents that Quanta files with the SEC. For a discussion of these risks, uncertainties and assumptions, investors are urged to refer to Quanta's documents filed with the SEC that are available through Quanta's website at www.quantaservices.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Quanta further expressly disclaims any written or oral statements made by any third party regarding the subject matter of this press release.

Investors - Kip Rupp, CFA, IRC	Quanta Media – Noa Schwartz
Quanta Services, Inc.	FGS Global
(713) 341-7260	(310) 405-4312

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/quanta-services-named-2025-top-us-solar-and-energy-storage-solutions-provider-by-solar-power-world-302503729.html

SOURCE Quanta Services, Inc.

FAQ

How many megawatts of solar capacity did Quanta Services (PWR) install in 2024?

Quanta Services installed over 10,000 megawatts of domestic solar generating capacity in 2024.

What recognition did Quanta Services (PWR) receive from Solar Power World in 2025?

Quanta Services was named the top solar solutions provider in the United States and the top energy storage solutions provider by Solar Power World.

How much energy storage capacity did Quanta Services (PWR) install in 2024?

Quanta Services installed more than 1,200 megawatts of domestic energy storage capacity in 2024.

How many times has Quanta Services (PWR) been named top solar solutions provider?

This is the second time in three years that Quanta Services has been named the top solar solutions provider by Solar Power World.