SolarMax Technology $SMXT: Q1 2026 Results Reflect Early Payoff From Energy Storage EPC Expansion SolarMax Technology has reported its Q1 2026 financial results, with CEO David Hsu citing "significant year-over-year improvement" driven by engineering, procurement, and construction (EPC) services on the company's first large-scale energy storage initiative, which commenced in Q3 2025. Why Investors Should Be Watching: • EPC Platform Expansion: SolarMax extended its EPC capabilities into large-scale energy storage in Q3 2025 • Project Pipeline Scale: The company's current aggregate pipeline is roughly $240M against a market cap of approximately $47.5M • Operating Efficiency Progress: Management flagged improving operating efficiency alongside execution on EPC projects • Demand Tailwind: Integrated solar and storage infrastructure demand continues to grow, providing a durable market backdrop For investors, the shift from residential solar installer to integrated EPC provider for energy storage projects is a material change in SolarMax's business profile. Q1 2026 is the first data point suggesting that transition is translating into results. Read the full press release: $SMXT $FSLR $ENPH $RUN $CSIQ $ARRY $GE $SEDG $NEE

Solar and wind with battery storage has become a lot more cost competitive, a new IRENA report shows. • $54–$82/MWh today (down from >$100 in 2020) • New coal in China costs $70–85/MWh and new gas ​capacity costs more than $100/MWh globally Since 2010, total installed costs declined by 87% for solar PV and by 55% for onshore wind. Battery storage costs fell ​even more ​sharply, declining by ⁠93%.