DENVER, Colo., Aug 05, 2025 (247marketnews.com) – SolarMax Renewable Energy Provider, SolarMax Technology’s (NASDAQ:SMXT) wholly owned subsidiary, entered into a significant Engineering, Procurement, and Construction (EPC) agreement with Longfellow BESS I LLC for the development of a utility-scale 430 megawatt-hour (MWh) battery energy storage system (BESS) in Pecos County, Texas.
The contract is valued at approximately $127.3 million in expected revenues. As part of the deal, SolarMax will also acquire an 8% equity interest in Longfellow BESS I LLC, reinforcing its long-term commitment to the project and the clean energy transition.
“This contract represents a key step in scaling our commercial footprint in the United States and validates our strategy to diversify beyond residential solar into commercial-scale EPC services,” stated David Hsu, SolarMax’s CEO.
Under the terms of the EPC agreement, SolarMax will be responsible for delivering end-to-end project execution, including:
- Design and engineering
- Procurement of equipment and materials
- Installation and construction
- Testing, startup, and commissioning
- Development of high-voltage interconnection infrastructure
The project is scheduled for completion by June 30, 2026.
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