SolarMax Technology surges on $127M EPC contract for Texas battery storage project

15 hours ago 1
Energy storage system or battery container unit

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SolarMax Technology (NASDAQ:SMXT) +51.6% pre-market Tuesday after saying it was awarded an engineering, procurement and construction agreement with Longfellow BESS I LLC for a new utility-scale battery storage project in Pecos County, Texas, which is expected to generate $127.3M in revenues; SolarMax

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