Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product
May 06 2024 - 9:00AM
Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or “the
Company”), a leader in the field of photovoltaic energy storage,
today announced it has filed a patent application with the
Spanish Patent and Trademark Office (“OEPM”) for its Sunbox
Commercial & Industrial (“Sunbox C&I”) product. This
product, which is already available on the market, offers the most
efficient and adaptable solution for both isolated and
grid-connected projects. Additionally, the product allows for
existing solar installations of any brand to be managed by the
Sunbox system, thus expanding a user’s photovoltaic production
capability as needed.
Turbo Energy’s Sunbox Commercial & Industrial
(“Sunbox C&I”)
Product Source:
Turbo Energy
“We are pleased to announce this patent application
submission,” said Turbo Energy CEO Mariano Soria. “We are
optimistic that the OEPM will approve our presentation after having
thoroughly studied the technological base of the market and having
already successfully tested our solution with our clients.”
Sunbox C&I’s software provides several
competitive advantages which include allowing Turbo Energy’s
technology to be incorporated into any previously operational
facility, of any brand, without the need to develop a management
project that allows both the initial plant and the newly
incorporated plant to operate synchronously. This also allows for
the standardization and lowering of the cost of the system in a
notable way.
Furthermore, the Sunbox system allows the expansion
of the photovoltaic installation to be connected in direct current,
while simultaneously taking advantage of the surpluses from the
original plant by connecting with it in parallel. This system,
including its order of preferences for the use of surplus energy
from both plants, is the most efficient electrical management
system on the market today.
"Following Spanish approval,” said Mr. Soria, “we
plan to continue our expansion strategy for Sunbox by seeking an
international patent that will provide Turbo Energy with
substantial global revenue growth opportunities.”
About Turbo Energy, S.A.
Turbo Energy is a Spanish company listed on NASDAQ
(ticker: TURB), a leader in photovoltaic energy storage technology
managed through Artificial Intelligence. The company's goal is to
develop innovative solutions that allow end consumers to harness
the full potential of solar energy and reduce their electricity
costs. With a combination of Artificial Intelligence and advanced
technology, Turbo Energy is paving the way for a more sustainable
and energy-efficient future. For more information, visit
www.turbo-e.com.
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“Risk Factors” as filed with the Securities and Exchange
Commission. Actual results and financial condition may differ
materially from those indicated in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. Any forward-looking statements contained in this press
release speak only as of the date hereof, and Turbo Energy, S.A.
specifically disclaims any obligation to update any forward-looking
statement, whether as a result of new information, future events or
otherwise.
For more information, please
contact:
Skyline Corporate Communications Group, LLC Scott
Powell, President 1177 Avenue of the Americas, 5th Floor New York,
NY 10036 Office: (646) 893-5835 Email: info@skylineccg.com
- Turbo Energy’s Sunbox Commercial & Industrial (“Sunbox
C&I”) Product
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