SolarMax Technology Signed A Non-Binding Term Sheet For A New Commercial Solar Project In A Major Mall In San Jose, California
Portfolio Pulse from Benzinga Newsdesk
SolarMax Technology, Inc. (Nasdaq: SMXT) signed a non-binding term sheet for a new commercial solar project at a major mall in San Jose, California. The project includes a 4.17 MW photovoltaic solar power plant and a 2.0 MW energy storage system, along with roof replacement to support the new infrastructure.
August 15, 2024 | 1:01 pm
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SolarMax Technology signed a non-binding term sheet for a new commercial solar project in San Jose, California. This project includes a 4.17 MW solar power plant and a 2.0 MW energy storage system, indicating potential revenue growth and expansion in the US commercial market.
The signing of a non-binding term sheet for a significant new commercial solar project indicates potential future revenue growth and expansion in the US commercial market. This aligns with SolarMax's strategy to enhance its solar development capabilities.
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