SolarMax Technology, Inc. has entered into a Memorandum of Understanding (MOU) with SOS Limited to develop large-scale solar power and battery storage facilities in the U.S. These facilities are intended to provide power for SOS' blockchain and cryptocurrency operations.
The proposed collaboration contemplates the development of six separate facilities, each with an approximate capacity of 50 megawatts, totaling approximately 300 megawatts. These projects are planned for locations across Nevada, Texas, and Florida.
Under the terms of the MOU, SolarMax would provide end-to-end engineering, procurement, and construction (EPC) services for these installations, including obtaining necessary permits and facilitating utility connections. SOS Limited is expected to finance the EPC efforts and manage compliance with local utility regulations.
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