Turbo Energy (TURB) Stock: Massive Surge Following $53 Million Spanish Energy Storage Contract

TLDR

Table of Contents

Turbo Energy (NASDAQ:TURB) stock surged over 500% after securing a $53 million energy storage contract in Spain
The deal covers 366 MWh of storage capacity across 10+ industrial sites over two years
Company will deploy its SUNBOX Industry system with AI-driven energy management platform
Recent partnership with Uber Technologies to power EV fleet in Spain using same technology
Stock jumped from around $2.70 to $17.15, representing massive single-day gains

Turbo Energy stock went absolutely wild Tuesday. The energy storage company’s shares rocketed over 500% after announcing a major contract win in Spain.

The deal is worth $53 million and covers energy storage projects totaling 366 MWh. This capacity will be deployed across more than 10 industrial facilities over the next two years.

Turbo Energy will provide full turnkey integration for these projects. The company’s AI-driven energy management platform will help industrial clients optimize electricity usage and reduce costs.

The contract partner is described as a major construction industry client. These facilities will use the storage systems to cut power expenses and improve operational efficiency.

CEO Mariano Soria highlighted the deal’s importance for validating the company’s technology. He said the agreement demonstrates confidence in Turbo Energy’s storage solutions and their ability to deliver cost savings.

Technology Behind the Contract

The project will utilize Turbo Energy’s SUNBOX Industry system. This platform launched in 2024 and offers flexible power options ranging from 30 kW to 2,000 kW.

Storage capacity scales from 30 kWh to 4,000 kWh depending on customer needs. The system’s brand-agnostic design allows integration with existing infrastructure.

This flexibility proves crucial for industrial customers facing volatile energy markets. The SUNBOX Industry units connect to a cloud-based AI platform that automatically purchases energy at optimal times and prices.

The AI system helps offset market volatility by timing energy purchases strategically. This automation reduces the burden on facility managers while maximizing cost savings.

Recent Business Developments

Last week brought another major announcement from Turbo Energy. The company signed a partnership deal with Uber Technologies to power EV fleets in Spain.

This Uber project also uses the SUNBOX Industry system to overcome grid limitations. The installation creates a 1 MW / 2 MWh smart charging hub capable of serving over 300 vehicles.

CEO Soria described this as a scalable model for fleet electrification. The project demonstrates how advanced storage technology can support Europe’s transportation transformation.

The Spanish market appears to be a key focus area for Turbo Energy’s expansion plans. Both the industrial contract and Uber partnership are based in Spain.

Stock Performance Details

TURB shares were trading at $17.15 at Tuesday’s close. This represents a gain of 535.19% from the previous trading session.

The massive price movement reflects investor excitement about the company’s contract wins. Trading volume was likely elevated as news of the deal spread through the market.

The stock had been trading around $2.70 before the announcement. The surge brought the company’s market capitalization to new highs.

Investors appear to be betting on Turbo Energy’s ability to secure additional large-scale contracts. The Spanish deals could serve as proof points for future business development efforts.

The 366 MWh capacity covered by the $53 million Spanish industrial contract will be delivered over the next 24 months using Turbo Energy’s SUNBOX Industry system and AI management platform.

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