SolarMax secures $158mn EPC contracts for 400 MWh storage in Puerto Rico
SolarMax Technology has signed two engineering, procurement and construction contracts for 400 MWh energy storage projects in Puerto Rico, with expected revenues totalling $158.3mn.
| Countries | États-Unis |
|---|---|
| Sector | Stockage énergie |
| Theme | Investissements & Transactions |
SolarMax Technology, a US-based integrated solar energy company, announced the signing of two major agreements with Yabucoa BESS LLC and Naguabo BESS LLC. These contracts cover the design and construction of battery energy storage systems with a combined capacity of 400 megawatt-hours (MWh) in Puerto Rico, specifically in the municipalities of Humacao and Ceiba. The total value of the two contracts amounts to $158.3mn, creating a significant projected revenue stream for SolarMax through 2027.
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