SolarMax awarded $258.1M EPC contract for 600 MWh battery storage project

SolarMax (SMXT) Technology announced that its wholly owned subsidiary, SolarMax Renewable Energy Provider, has entered into an engineering, procurement and construction, EPC, agreement with Navboot Holdco for a new utility-scale battery storage project in Corpus Christi, Texas. The contract is expected to generate revenues of approximately $258.1 million. Under the agreement, SolarMax will deliver full-scope EPC services-including design, engineering, procurement, installation, construction, testing, startup, and commissioning-for a 600 megawatt-hour battery energy storage system and its associated high-voltage interconnection infrastructure.