ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
Business/CompaniesArticle

Turbo Energy secures €3 million in energy storage orders across Spain and Chile

Spanish company said 15 projects totaling 15.6 MWh capacity have been booked, with delivery expected through mid-2027.

HV
Helena Vásquez · Business Desk · 18 Sept 2026 · 06:35 · 1 min read
Share
Turbo Energy secures €3 million in energy storage orders across Spain and Chile

Turbo Energy SA (NASDAQ:TURB) has secured approximately €3 million ($3.48 million) in firm orders for energy storage projects spanning Spain and Chile.

The Valencia-based company said the bookings include 15 projects combining 15.6 MWh of storage capacity and 5.95 MW of power units integrated with energy management systems. Two systems are already operational, three are under installation, nine are in the manufacturing stage, and one remains under development.

Projects not yet operating are expected to progress through delivery, installation, and commissioning between the fourth quarter of 2026 and the first half of 2027. The orders are backed by binding purchase agreements, subject to standard contractual modification, cancellation or termination provisions.

The company said the systems—combining modular battery storage with AI-driven optimization—are designed for applications including solar energy time shifting, self-consumption optimization, peak-demand management, off-grid power supply, electric-vehicle charging and grid interruption mitigation.

Separately, Turbo Energy earlier announced a 366 MWh Pamesa Net Zero industrial deployment under a $53 million contract. The €3 million order value and 15.6 MWh capacity explicitly exclude that Pamesa project.

"Customers are not simply looking for more battery capacity. They need an intelligent energy layer capable of coordinating generation, storage and demand around the economics of their operations," said Chief Executive Officer Mariano Soria.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
ADVERTISEMENT