TLDR
- Turbo Energy stock surged 240% after securing a $53 million energy storage deal in Spain
- Contract covers 366 MWh capacity across more than ten industrial facilities over two years
- Company will deploy its SUNBOX Industry solar battery storage solution launched in 2024
- Deal includes turnkey integration with AI-driven energy management platform
- Systems help factories optimize electricity consumption and reduce energy price volatility
Turbo Energy SA ADR stock jumped 240% following news of a $53 million energy storage contract in Spain. The deal positions the company as a major supplier for industrial energy solutions.
The global provider of AI-optimized solar energy storage technologies will deliver systems with 366 MWh total capacity. A major industrial construction group selected Turbo Energy for the multi-facility project.
The contract spans more than ten industrial facilities across Spain. Implementation will occur over the next two years with full turnkey integration services.
Turbo Energy will deploy its SUNBOX Industry solar battery storage solution throughout the facilities. The company introduced this patent-pending system in 2024 specifically for commercial and industrial applications.
The SUNBOX Industry offers scalable installations ranging from 30 kW to 2,000 kW in power capacity. Storage capacity scales from 30 kWh to 4,000 kWh depending on facility needs.
Strategic Technology Integration
Each installation includes Turbo Energy’s cloud-based AI energy management platform. The system automatically purchases energy at optimal times and prices to reduce market volatility exposure.
Factories using these systems can optimize electricity consumption patterns. The AI platform helps enhance operational efficiency while managing energy costs more effectively.
CEO Mariano Soria highlighted the company’s positioning in the energy storage market. He emphasized Turbo Energy’s ability to integrate advanced solar storage with AI-driven digital platforms.
The industrial construction group chose Turbo Energy for its comprehensive approach to energy management. The turnkey solution eliminates the need for multiple vendors or complex integration processes.
Contract Execution Timeline
Project execution begins immediately with installations scheduled over 24 months. The phased rollout allows for systematic implementation across all facilities.
Each facility will receive customized SUNBOX Industry configurations based on specific energy requirements. The modular design enables tailored solutions for different industrial applications.
Turbo Energy’s AI platform provides real-time monitoring and optimization capabilities. The cloud-based system continuously analyzes energy markets to maximize cost savings.
The Spanish market represents a growth opportunity for Turbo Energy’s industrial energy storage solutions. European industrial facilities face increasing pressure to optimize energy consumption and costs.
The $53 million contract value reflects the scale and complexity of the multi-facility deployment. Revenue recognition will occur over the two-year implementation period as systems become operational.
