Turbo Energy SA

Earnings data Q1 2024

Turbo Energy SA provides energy solutions. It engages in the developing, manufacturing and distributing of photovoltaic products. The company was founded on September 18, 2013 and is headquartered in Valencia, Spain.

VALENCIA, Spain, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Mariano Soria, Chief Executive Officer of 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 issued a formal operational update to the Company's shareholders on Turbo Energy's business expansion strategies and key global growth objectives for the coming year.  Soria stated:

Turbo Energy CEO Issues Formal Operational Update to Shareholders

VALENCIA, Spain, June 26, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A . (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a leader in the field of photovoltaic energy storage, today announced that the following proposals were approved at its 2024 Annual General Meeting of Shareholders held on June 25, 2024 in Valencia, Spain:

Turbo Energy Announces Results of 2024 Annual General Meeting of Shareholders

VALENCIA, Spain, May 06, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or “the Company”), a leader in the field of photovoltaic energy storage, today announced it has filed a patent application with the Spanish Patent and Trademark Office (“OEPM”) for its Sunbox Commercial & Industrial (“Sunbox C&I”) product. This product, which is already available on the market, offers the most efficient and adaptable solution for both isolated and grid-connected projects. Additionally, the product allows for existing solar installations of any brand to be managed by the Sunbox system, thus expanding a user's photovoltaic production capability as needed.

Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product

Valencia, Spain, April 18, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB), a leading energy-saving technology company leveraging artificial intelligence software, today announced that for the year ended December 31, 2023, the Company reported revenues of €13.14 million ($14.54 million) and a net loss of €2.01 million ($2.23 million).

Turbo Energy Announces Financial Results for Year Ended December 31, 2023

VALENCIA, Spain, April 16, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a leader in the field of photovoltaic energy storage, today announced that El Corte Inglés S.A., the biggest department store group in Europe and the third largest worldwide, has launched Turbo Energy's GoSolar offering for sale this week.

El Corte Inglés S.A. Begins Selling Turbo Energy's GoSolar Solution

The alliance between Solar360, and Turbo Energy, a NASDAQ-listed company and leader in the field of photovoltaic energy storage, will enable end-users to maximize savings through smart battery technology. The alliance between Solar360, and Turbo Energy, a NASDAQ-listed company and leader in the field of photovoltaic energy storage, will enable end-users to maximize savings through smart battery technology.

Solar360, Repsol and Telefónica Joint Venture, Partners with Turbo Energy to Revolutionize Solar Self-Consumption Through Artificial Intelligence

Valencia, Spain, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or the “Company”), a Valencia-based company specializing in photovoltaic energy storage solutions, today announced a transition in the management structure of the Company, resulting from the governance policies of the holding company, Umbrella Solar Investment (USI) a public company on BME Growth market in Spain.

Turbo Energy Appoints Mariano Soria as CEO of the Company with Enrique Selva to Remain as a Chairman of the Board

Valencia, Spain, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB), the leading energy-saving technology company, leveraging artificial intelligence software, today announced its unaudited interim financial results for the six months ended June 30, 2023.

Turbo Energy Announces Interim Results for the Period Ended June 30, 2023

VALENCIA, Spain, Dec. 11, 2023 (GLOBE NEWSWIRE) -- In an exciting step towards a more sustainable future, Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a Valencia-based company specializing in photovoltaic energy storage solutions, today announced that Movistar has launched Turbo Energy's GoSolar offering for sale this week through Movistar's energy branch, Solar360.

Movistar Begins Selling Turbo Energy's “Do It Yourself” GoSolar, the Most Compact Photovoltaic Solution Available

System utilizes predictive algorithms integrated into proprietary cloud platform to manage thousands of solar installations automatically System utilizes predictive algorithms integrated into proprietary cloud platform to manage thousands of solar installations automatically

Turbo Energy Receives Patent for AI-Powered Photovoltaic Energy Storage Solution and Electric Vehicle Charging Modes

LONDON--(BUSINESS WIRE)--Citi, acting through Citibank N.A., has been appointed by Turbo Energy, S.A. (“Turbo Energy”), a leader in smart solar storage on a residential scale, to act as depositary bank for its initial public offering (the “IPO”) of Turbo Energy's American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares. Turbo Energy's American Depositary Shares (“ADS”) trade on the Nasdaq Capital Market under the symbol “TURB”. Each ADS represents five ordinary shares of t.

Citi Appointed as Depositary Bank for Turbo Energy S.A.'s ADR Program

IPO Proceeds Devoted to Building Competitive Advantages and Fueling Global Expansion IPO Proceeds Devoted to Building Competitive Advantages and Fueling Global Expansion

Turbo Energy: A New Chapter Following its NASDAQ Debut

Valencia, Spain, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (the “Company”), a company engaged in the design, development, and production of equipment for the generation, management, and storage of photovoltaic (“PV”) energy, announced today the closing of its previously announced initial public offering of 1,000,000 American Depositary Shares (“ADSs”), representing 5,000,000 ordinary shares, at a price of $5.00 per ADS to the public for a total of $5,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses (the “Offering”). The American Depositary Shares began trading on the Nasdaq Capital Market under the symbol "TURB.”

Turbo Energy, S.A. Announces Closing of Initial Public Offering

Valencia, Spain, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (the “Company"), a company engaged in the design, development, and production of equipment for the generation, management, and storage of photovoltaic (“PV”) energy, announced today that the Company's American Depository Shares (“ADSs") will commence trading today on The Nasdaq Capital Market under the ticker symbol “TURB.”

Turbo Energy, S.A. to Commence Trading on Nasdaq Under Ticker Symbol ‘TURB'

Valencia, Spain, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (the “Company”), a company engaged in the design, development, and production of equipment for the generation, management, and storage of photovoltaic (“PV”) energy, announced today the pricing of its initial public offering of 1,000,000 American Depositary Shares (“ADSs”), representing 5,000,000 ordinary shares, at a price of $5.00 per ADS to the public for a total of $5,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses (the “Offering”).

Turbo Energy, S.A. Announces Pricing of Initial Public Offering

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Turbo Energy, S.A. has filed proposed terms for a $5.5 million U.S. IPO. The firm sells solar energy system components to residential markets in Spain and Europe. Turbo Energy is growing revenue quickly but operates a low-margin business and is seeking a high valuation at IPO.

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