Driving Innovation

Quanta Technology has developed several innovative plans to support utility customers when it comes to renewable energy options, transportation electrification, energy storage, grid modernization, distributed energy resources and grid technology development and deployment.

Achieving societal emissions goals requires increased electrification, which in turn necessitates investments in a resilient, modern grid, and we are working with the industry in anticipation of expanded electric vehicle adoption. Quanta Technology continues to highlight issues for utilities and provide solutions, getting in front of changes that electrification could bring to the grid over the next five to 15 years.

The following are programs developed to support our customers:

Nantucket Battery Energy Storage System Testing

Quanta Technology worked with a customer on the start-up testing of one of the first utility battery energy storage projects in New England, on the island of Nantucket. The project enables our customer to provide reliable electric service to Nantucket residents and summer visitors without building new undersea cables and reducing the use of diesel generation. As one of the first projects of its kind, and given the unique nature of island load, Quanta supported our customer with detailed analysis of the system controls to ensure safe and reliable operations.

Analysis of Rideshare Data for Transportation Electrification Infrastructure Investment

Ridesharing represents a significant opportunity for electric vehicles, and utilities are taking a data-driven approach to determine where and when rideshare drivers will recharge. Quanta analyzed more than 100 million ridesharing trips for the city of Chicago, on behalf of our customer, to determine the most effective locations for ridesharing fleet-charging stations.

Mobile Battery Energy Storage Systems

With the goal of reducing carbon emissions and noise pollution, Quanta Technology has collaborated with utilities on development of a mobile battery contained in a trailer. The design incorporates the latest industry standards for battery safety and can be used in place of a diesel generator for temporary power needs.

Value of Distributed Energy Resources Software Toolset

Quanta Technology has deployed our software toolset to aid in the evaluation of distributed energy resources (der) as an alternative to conventional wire and substation solutions. The software enables utilities and stakeholders to thoroughly evaluate the economic benefits of der programs, including building additional renewable energy and storage, as compared to the construction of new lines and substations.

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2022 Sustainability Report

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Metrics & Reports

Quanta’s 2022 Sustainability Report and this website (and oral statements regarding the subject matter of the report and website) include forward-looking statements intended to qualify under the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta’s business or financial outlook; expectations regarding opportunities, technological developments, competitive positioning, future economic and regulatory conditions and other trends in particular markets or industries, including with respect to Quanta’s increased operations in the renewable energy market and the transition to a carbon-neutral economy; expectations regarding Quanta’s plans, strategies and opportunities; the potential benefits from, and future financial and operational performance of, acquired businesses and investments, including Blattner Holding Company and Quanta’s investment in LUMA Energy, LLC; the business plans or financial condition of Quanta’s customers; the development of and opportunities with respect to future projects, including renewable energy projects and other projects designed to support transition to a carbon-neutral economy, electrical grid modernization, upgrade and hardening projects, and larger transmission and pipeline projects; the expected impact of changes or potential changes to climate; the impact of existing or potential legislation or regulation; and potential opportunities that may be indicated by bidding activity or discussions with customers; as well as other statements reflecting expectations, goals, targets, intentions, strategies, assumptions, plans or beliefs about future events or performance or that do not solely relate to historical or current facts. These forward-looking statements are not guarantees of future performance; rather they involve or rely on a number of risks, uncertainties, and assumptions that are difficult to predict or are beyond our control, and reflect management’s beliefs and assumptions based on information available at the time the statements are made. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by our forward-looking statements and that any or all of our forward-looking statements may turn out to be inaccurate or incorrect. For additional information concerning some of the risks, uncertainties, assumptions and other factors that could affect our forward-looking statements, please refer to Quanta’s Annual Report on Form 10-K for the year ended Dec. 31, 2022, Quanta’s Quarterly Reports on Form 10-Q and other documents filed with the U.S. Securities and Exchange Commission, which are available on our website (www.quantaservices.com). Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. You should not place undue reliance on Quanta’s forward-looking statements, which are current only as of the date Quanta’s 2022 Sustainability Report is published. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements to reflect events or circumstances after such date or otherwise, and Quanta does not undertake and expressly disclaims any obligation to verify any written or oral statements made by any third party regarding the subject matter of this report or this website.

The information contained in Quanta’s 2022 Sustainability Report and on this website has not been audited by any independent auditor. The information contained in the report and on this website is prepared as a reference tool, and Quanta may elect to modify the format or discontinue publication of such information at any time without notice.