SolarMax Technology, Inc. signed a Memorandum of Understanding (MOU) with SOS Limited. The agreement aims to develop large-scale solar and battery storage facilities. The plan includes six facilities, each with 50 MW capacity, totaling 300 MW. The projects will be in Nevada, Texas, and Florida. They are intended to power SOS’s blockchain and cryptocurrency operations. SolarMax will manage engineering, procurement, and construction (EPC), while SOS finances the projects and ensures regulatory compliance. Agreement terms are subject to negotiation.
SolarMax and SOS teamed up for 300 MW PV and Storage in US
SOS partnered with SolarMax to develop six 50 MW facilities, handling financing while SolarMax managed EPC responsibilities. (Image Credit/Source: Stux/Pixabay)