Turbo Energy, S.A. (NASDAQ: TURB), headquartered in Valencia, Spain, has secured binding orders worth approximately €3 million ($3.48 million) for 15 energy storage projects across Spain and Chile. The contracts cover a combined storage capacity of 15.6 MWh and 5.95 MW of power units, integrating modular battery storage with AI-driven energy management systems for optimized operations. The projects are distributed across various stages: two systems are operational, three are under installation, nine are in manufacturing, and one is in development. Delivery, installation, and commissioning for the non-operational projects are expected to span from the fourth quarter of 2026 through the first half of 2027, contingent on customer site readiness and project-specific conditions.
The contracts support diverse applications, including solar energy time-shifting, self-consumption optimization, peak-demand management, off-grid power supply, electric-vehicle charging, and grid interruption mitigation. CEO Mariano Soria emphasized that customers seek not just additional battery capacity but an intelligent energy layer that coordinates generation, storage, and demand based on operational economics. The orders represent firm commitments backed by binding purchase agreements or executed supply agreements, though they remain subject to contractual modifications, cancellations, or termination provisions. The aggregate value reflects Turbo Energy’s share of the total deal and does not constitute revenue recognized in any single reporting period.
Turbo Energy’s recent deployment of a 366 MWh industrial net-zero project for Pamesa, under a previously announced $53 million contract, underscores its expanding footprint in energy storage solutions, though that deal is distinct from the €3 million order portfolio.
The company’s focus on modular, AI-enabled storage systems positions it to capitalize on growing demand for flexible, cost-effective energy solutions in commercial and industrial sectors, particularly as renewable energy adoption accelerates globally.
