SolarMax Technology Inc. announced that its wholly owned subsidiary, SolarMax Renewable Energy Provider, Inc., has entered into two engineering, procurement, and construction $(EPC)$ agreements with Yabucoa BESS LLC and Naguabo BESS LLC for utility-scale battery energy storage system $(BESS)$ projects in Humacao and Ceiba Municipality, Puerto Rico. The contracts have a combined value of approximately $158.3 million and cover a total of 400 megawatt-hours (MWh) of battery storage capacity. SolarMax will provide design, engineering, procurement, installation, construction, testing, startup, and commissioning services for the projects. Additionally, SolarMax is acquiring a 9% equity interest in each project entity. The projects are intended to support grid stability and energy affordability in Puerto Rico.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SolarMax Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619707-en) on January 05, 2026, and is solely responsible for the information contained therein.