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Solar Power in Kentucky

Author.Name IBISWorld United States Last Updated: August 2025 NAICS KY22111e

Solar Power in Kentucky industry analysis

The Solar Power industry in Kentucky is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Solar Power in Kentucky Market Research Report

What’s Included in the Solar Power in Kentucky Market Research Report

Definition of the Solar Power in Kentucky?

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 Kentucky?

The Solar Power in Kentucky includes generating photovoltaic power and generating concentrated solar power. Related terms covered in the Solar Power in Kentucky 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 Kentucky

Benchmark the Solar Power in Kentucky industry performance with all KY county and national performance.

Solar Power in Kentucky

#28 in Highest Revenue 0.3% of state's GDP
Revenue (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 Kentucky

See how key industry drivers, such as population, unemployment rate, median houshold income, tax credits for energy efficiency, electric power consumption and price of natural gas are impacting Solar Power in Kentucky

Kentucky Economic Indicators

Population
Unemployment Rate
Median Houshold Income

View more economic information in KY 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 Kentucky

Access proprietary data on county in the Solar Power in Kentucky, such as Boone County and Fayette County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Solar Power industry in Kentucky

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Solar Power industry in Kentucky in 2025?

The market size of the Solar Power industry in Kentucky is $128.6m in 2025.

How many businesses are there in the Solar Power industry in Kentucky in 2025?

There are 11 businesses in the Solar Power industry in Kentucky, which has been growing at an average annual rate of 22.4% from 2020 to 2025.

Has the Solar Power industry in Kentucky grown or declined over the past 5 years?

The market size of the Solar Power industry in Kentucky has been growing at an average annual rate of 23.5% from 2020 to 2025.

How many employees in the Solar Power industry in Kentucky in 2025?

There are 77 employees in the Solar Power industry in Kentucky, which has been growing at an average annual rate of 35.3% from 2020 to 2025.