Turbo Energy Secures 15 Firm-Order Energy Storage Projects in Spain and Chile
TURB sits 82% above its 52-week low of $0.57.
Summary
Turbo Energy announced a €3 million (US$3.48 million) portfolio of 15 firm-order commercial and industrial energy storage projects across Spain and Chile. The portfolio represents an estimated aggregate order value attributable to Turbo Energy of about $3.48 million, with 15.6 MWh of storage capacity and 5.95 MW of power units. This expands its footprint in the C&I segment and follows the company's earlier AI-driven infrastructure project with HiTHIUM. The firm orders provide revenue visibility and demonstrate demand for its storage solutions. The announcement comes after preliminary H1 2026 revenue of $17.2 million, up 180% year-over-year, indicating continued momentum. Investors will watch for further project announcements and execution on this pipeline.
At the time of this announcement, TURB was trading at $1.04 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $9.8M. The 52-week trading range was $0.57 to $20.45. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.