SolarMax Technology, Inc. announced its plan to expand its business in the U.S. market, dedicated to leading the revolution with innovative smart solar systems. The company has signed a non-binding memorandum of understanding for its first major commercial solar installation project in the U.S. The proposed project, which is located in Las Vegas, would include a 4.27-megawatt photovoltaic solar power plant, a 2.0 megawatt energy storage system, and 10 advanced electric vehicle charging stations. This project marks a potentially significant milestone in SolarMax' commitment to advancing the future of solar power in America. The U.S. solar market, already the second-largest globally, is experiencing significant growth, with projections indicating a 17% compound annual growth rate through 2025 and a market value reaching $125 billion by 2030.

SolarMax is ready to capitalize on this growth, bringing its experience in developing and managing solar projects, advanced solar and energy storage technology, and a customer-centric approach to deliver projects that not only meet, but exceed, expectations.