SolarMax awarded $127.3M EPC contract

SolarMax (SMXT) Technology announced that its wholly owned subsidiary, SolarMax Renewable Energy Provider, Inc., has entered into an engineering, procurement and construction agreement with Longfellow BESS I LLC for a new utility-scale battery storage project in Pecos County, Texas. The contract is expected to generate revenues of approximately $127.3 million. SolarMax is purchasing an 8% interest in Longfellow BESS I. Under the agreement, SolarMax will deliver full-scope EPC services-including design, engineering, procurement, installation, construction, testing, startup, and commissioning-for a 430 megawatt-hour battery energy storage system and its associated high-voltage interconnection infrastructure. Project completion is expected by June 30, 2026.