VALENCIA, Spain, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that it has been selected to supply and implement energy storage projects in Spain with a total capacity of 366 MWh. The projects, valued at approximately $53 million, are scheduled to be executed over the next two years. This large-scale initiative will be developed for a major ...

VALENCIA, Spain, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced the signing of a flagship agreement providing for Turbo Energy to power Uber’s electric vehicle (“EV”) fleet in Spain. At the heart of the project is Turbo Energy’s proprietary, patent-pending SUNBOX Industry system, an innovative energy storage solution. SUNBOX Industry not onl ...

Core Insights - Turbo Energy S.A. has signed a significant agreement to power Uber's electric vehicle fleet in Spain, showcasing its advanced solar energy storage technologies [1][4] - The project utilizes Turbo Energy's SUNBOX Industry system, which is designed to facilitate large-scale charging and address grid constraints for electric mobility [2][3] Company Overview - Turbo Energy, founded in 2013, specializes in AI-optimized solar energy storage solutions, aiming to reduce dependence on traditional energy sources and lower electricity costs [6] - The company is a subsidiary of Umbrella Global Energy, S.A., which focuses on solar energy solutions globally [6] Project Details - The project involves the installation of SUNBOX Industry systems to create a 1 MW / 2 MWh smart storage hub, enabling the charging of over 300 vehicles despite limited grid supply [3] - The system adds 1,000 kW of flexible storage capacity, increasing total available power to 1.6 MW, ensuring uninterrupted charging operations [3] Strategic Partnerships - Turbo Energy collaborated with INSOLEN, a Spanish engineering firm, to deliver integrated energy solutions for the Uber project, focusing on energy efficiency and sustainable operations [5]

Core Insights - Turbo Energy S.A. has been granted a new patent for an innovative system that integrates energy storage and expands photovoltaic generation in upstream installations, enhancing energy efficiency and flexibility in self-consumption solar power systems [1][2][4] Patent Details - The patent (iP202430282) allows for the addition of energy storage and/or new photovoltaic panels to existing installations without complex retrofitting, optimizing energy usage and reducing reliance on the external power grid [2][3] - The patented solution introduces a "compensation value" concept that maintains a minimum grid consumption level, maximizing surplus energy capture and storage during peak production hours [3] Company Vision and Products - The CEO of Turbo Energy stated that this patent represents a significant advancement in distributed energy innovation, enabling users to control their energy production and storage capabilities [4] - The patented technology is incorporated into Turbo Energy's next-generation energy management solutions, including SUNBOX Home, SUNBOX Industry, and SUNBOX Utility for various applications [4][5] Company Background - Founded in 2013, Turbo Energy is recognized for its proprietary solar energy storage technologies managed through AI, aiming to reduce dependence on traditional energy sources and lower electricity costs [5] - Turbo Energy's flagship product, SUNBOX, is one of the first high-performance, competitively priced all-in-one home solar energy storage systems, featuring patented EV charging capability and AI processes for optimizing solar energy management [5]