Solarmax, a German inverter and battery storage systems specialist with more than 30 years of experience, is facing insolvency. Last week, a German district court opened preliminary insolvency ...
The company raised $18 million through an IPO in February, but operating cash flow was negative $6.4 million in Q1 2024 alone. The shareholders’ equity is in the red and I think that SolarMax ...
SolarMax Technology (NASDAQ:SMXT) +58% pre-market Tuesday after saying it was awarded an engineering, procurement and construction agreement with Longfellow BESS I LLC for a new utility-scale battery ...
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