The solar photovoltaic (PV) industry in Alberta, Canada, shows strong potential for growth, yet little is known about the impact that increased solar PV capacity could have in this region. Features of this industry, including the quantity of electricity generated, greenhouse gas reductions achieved, changes in grid volatility, and the market value of solar electricity are region-specific; thus, it was necessary to provide analyses of these topics for Alberta. A Solar Scenario was created to model 1 GW installed solar PV capacity over a year. Solar PV generation satisfied an average 1.6% of electricity demand and achieved 893,274 tonnes CO2e greenhouse gas emission reductions. Assessment of three measures of grid volatility showed that the Solar Scenario did not introduce significant grid volatility. The market value of solar electricity was higher than the price paid under Alberta’s Micro-generation Regulation. Excluding solar PV from Alberta’s electricity market deters investment in this industry.