I took a look at the material requirements for a steam engine setup. I don't suggest that it's the best possible setup but the one I used in my current game requires the following:
Steam Engine Raw Materials
87 Stone Pipe 87 Brick
42 Stone Underground (21 crafts) 315 Brick
79 Transport Belt (39.5 crafts) 118.5 Iron
39 Red Inserters 234 Iron, 58.5 Copper, 156 Cellulose 195 Brown Algae
37 Power Poles (18.5 crafts) 18.5 Copper, 222 Cellulose
34 Yellow Inserters 102 Iron, 51 Copper, 136 Cellulose, 170 Brown Algae
14 Boilers 14 Iron, 70 Stone
10 Underground Belt (5 crafts) 87.5 Iron,
10 Steam Engines 200 Iron,
8 Algae Farms 80 Iron,
7 Assembly Machine 1 133 Iron, 31.5 Copper, 84 Cellulose, 105 Brown Algae
6 Liquefier 1 60 Brick, 90 Iron, 45 Copper, 120 Cellulose, 150 Brown Algae
5 Stone Furnace 70 Stone
4 Electrolyser 40 Brick, 80 Iron, 30 Copper, 80 Cellulose, 100 Brown Algae
3 Ore Crusher 30 Brick, 60 Iron
2 Offshore Pump 6 Iron, 6 Copper, 16 Cellulose, 20 Brown Algae
2 Flare Stack 20 Steel, 40 brick, 10 iron, 10 basic electronic boards
10 Basic Boards 15 copper 40 cellulose 56 brown algae
50 Basic Electronics 5 Copper, 3 Tin, 10 Carbon
5 Solder Plate 3.2 Lead, 1.8 Tin
Totals:
1284 Stone
1255 Iron
215.5 Copper
854 Cellulose
796 Brown Algae
6.2 Tin
1.8 Lead
Total Ore Required @75% Sort:
1960.7 Copper/Iron
Add Tin and Lead @50%
1964.7 Ore Total
Only really considering the ore requirement as I find that is the biggest bottleneck.
The starting crystallizers provide 45 ore per minute assuming full power.
One steam engine setup requires 43 minutes 40 seconds of game time to accrue with 2 crystallizers.
Comparing to a rough solar equivalent for 50% net power of the steam engine setup I would see 60 panels and 31.5 hc accumulators. The raw material totals for that are as follows:
60 Solar Panels 8 Iron Plate, 8 Copper Plate
14 Basic Electronic Boards 21 Copper Plate, 56 Cellulose, 78.4 Brown Algae
70 Basic Electronics 7 Copper, 4.2 Tin, 14 Carbon
7 Solder Plate 4.48 Lead, 2.52 Tin
31.5 HC Accumulators 94.5 Iron Plate
315 Batteries 630 Lead Plate, 315 Sulfuric Acid, 315 Plastic Bars
Totals:
102.5 Iron
36 Copper
6.72 Tin
634.48 Lead Plate
56 Cellulose
78.4 Brown Algae
At this point of the game you would use combo sort for low level ores so plate to ore is 100% for a total of 779.7 plates vs the 1478 of equal steam power. I think this is the big reason solar wins beyond using less space for equal power.
If plates are the bottle neck for creating more power like I think they are then you get 89.6% more power per plate by choosing to build solar instead of of steam once you have the technology for it. The plastic demand is not insignificant but it operates on a completely separate channel to ore generation and I didn't feel strapped for it that much in my solar game versus the huge bottlenecks I'd constantly see on raw ore.