SolarMax Technology, Inc.’s wholly owned subsidiary, SolarMax Renewable Energy Provider, Inc., has entered into an EPC agreement with Navboot Holdco, LLC for a utility-scale battery storage project in Corpus Christi, Texas.
Expected revenues from the contract total approximately $258.1 million.
Per the agreement, SolarMax will provide full-scope EPC services for a 600 megawatt-hour (MWh) battery energy storage system (BESS) and the related high-voltage interconnection infrastructure. The services include design, engineering, procurement, installation, construction, testing, startup, and commissioning.
“This latest EPC award represents a transformational milestone for SolarMax and underscores the acceleration of our utility-scale project portfolio,” said David Hsu, CEO of SolarMax, in a statement. “In less than a year, we have progressed from entering the Texas market to securing three additional large-scale battery storage contracts, demonstrating our ability to compete at the highest levels of the U.S. energy infrastructure market.”
The project will bolster grid stability and energy affordability across Texas by capturing renewable energy and releasing it strategically during high-demand periods. Once complete, the BESS will complement the region’s broader clean energy strategy as it helps to maintain grid reliability.
Hsu continued, saying, “Projects of this scale are central to our long-term growth strategy. This 600 MWh system not only expands our contracted backlog materially, but also reinforces our positioning as a trusted EPC partner in delivering critical infrastructure to support grid stability, energy affordability, and long-term shareholder value.”
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