- EU raised 2030 binding renewable energy target to a minimum of 42.5%, aims to become climate-neutral by 2050
- U.S. set goal of 100% clean energy by 2035
- TURB aligned with renewable energy shift with Sunbox Home and Sunbox Industry
- TURB’s all-in-one systems leverage AI to improve efficiency, prevent price shocks, and maximize cost savings
- Turbo Community allows members with large PV installations to gain ownership of production, store extra power, and sell energy to market
The European Union recently raised its 2030 binding renewable target to a minimum of 42.5% with the aim of reaching 45% and becoming a climate-neutral continent by 2050 (https://ibn.fm/djHTQ). Across the Atlantic, the United States has set an even more ambitious goal of 100% clean energy by 2035 (https://ibn.fm/cqFtw).
Turbo Energy (NASDAQ: TURB), a photovoltaic energy company based in Spain, is strongly positioned to capitalize on the growing trend with its comprehensive range of patented energy storage and management solutions. By aligning its products and services with the evolving regulatory landscape, TURB aims to meet the growing needs of residential and commercial consumers while advancing the green transition.
TURB’s Sunbox Home is an AI-powered all-in-one energy storage system that manages consumption at each point on a home’s energy grid to maximize efficiency and cost savings (https://ibn.fm/Dh3X6). The battery optimizes energy management by strategically releasing stored energy during peak benefit periods while drawing back from the grid when electricity costs are low, ensuring efficient fulfillment. The system integrates electric vehicle charging capabilities with versatile modes, allowing consumers to charge at maximum speed, cost savings, or sustainably harnessing energy solely from the sun.
Sunbox’s protection modes safeguard consumers against price shocks through four customizable management modes. The Smart Mode leverages AI to strike a perfect balance between power consumption and savings on electricity bills. The system’s BackUp Mode allows users to designate a portion of the battery for blackout protection, ensuring system reliability. In Peak Shaving mode, users can reduce power bill costs by specifying which part of the storage delivers energy during overconsumption periods. Lastly, Sunbox’s Storm Protect mode activates an intelligent protection system that fully charges batteries in anticipation of upcoming storms based on weather forecast data.
TURB’s Sunbox Industry provides reliable energy generation and management for commercial businesses (https://ibn.fm/cG4eA). The system connects directly to rooftop panels and can be expanded with TURB’s Retrofit feature to leverage solar surpluses. With management modes like Sunbox Home, Sunbox Industry enables businesses to maximize power during outages, ensuring system efficiency and round-the-clock reliability.
Turbo Energy goes beyond pioneering innovative energy systems that align with the global shift towards renewable energy. The company additionally empowers its clients to become part of the energy revolution through its Turbo Community (https://ibn.fm/8GxXV).
The Turbo Community enables users with large photovoltaic installations to gain ownership of their energy production by storing extra power for later use or selling it to the market as producers. Additionally, Turbo Energy provides opportunities to rent or finance solar energy systems, enabling users to access clean energy without significant upfront investment, maintenance issues, or installation concerns.
From its innovative products and services to its growing client network, Turbo Energy is dedicated to advancing the green transition. Led by a team with decades of technological, financial, and sales experience, the company is committed to a cleaner future amid the global push for renewable energy resources.
For more information, visit the company’s website at www.Turbo-e.com.
NOTE TO INVESTORS: The latest news and updates relating to TURB are available in the company’s newsroom at https://ibn.fm/TURB
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