About the Solar Power in Minnesota Market Research Report
What’s Included in the Solar Power in Minnesota Market Research Report
Definition of the Solar Power in Minnesota?
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 Minnesota?
The Solar Power in Minnesota includes generating photovoltaic power and generating concentrated solar power. Related terms covered in the Solar Power in Minnesota 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 Minnesota
Benchmark the Solar Power in Minnesota industry performance with all MN county and national performance.
Solar Power in Minnesota
#23 in Highest Revenue 0.7% of state's GDPRevenue (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 Minnesota
See how key industry drivers, such as population, new business formation, private investment in non-residential construction, tax credits for energy efficiency, electric power consumption and price of natural gas are impacting Solar Power in Minnesota
Minnesota Economic Indicators
Population
New Business Formation
Private Investment in Non-Residential Construction
View more economic information in MN 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 Minnesota
Access proprietary data on county in the Solar Power in Minnesota, such as Hennepin County, St. Louis County and Itasca County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Solar Power industry in Minnesota
Download 18 years of historical data and 5 years of projected performance.
