• As a European innovator with a worldwide outlook, Turbo Energy designs devices that showcase how AI can be applied to enhance everyday living with advanced software systems that monitor the generation, use, and management of photovoltaic energy
• Turbo Energy’s SunBox, or what the company calls one of the most advanced systems on the market, does not just aim to save power; it seeks to empower users with smart tools that help them make energy choices that suit their lifestyle
• Expanding beyond residential applications, Turbo Energy introduced commercial and industrial-scale solutions in 2023 and aims for a global footprint in fourteen countries

A decade ago, Turbo Energy (NASDAQ: TURB) surfaced as a company focused on disruptive photovoltaic energy technology. Its ambitious goal was to transform storage technology for off-grid residences. Now, integrated into a group boasting more than 20 years of industry experience, the company is unwaveringly committed to developing innovative photovoltaic management solutions tailored for residential, commercial, and industrial markets.

A device capable of connecting to everything—a lofty statement that, upon closer inspection of Turbo Energy’s SunBox Home technical details, appears to hold up. Marketed by the company as the most complete all-in-one device on the market, SunBox packs in inverters, batteries, and protective features, all rolled into one piece (https://ibn.fm/SbkM1).

While artificial intelligence (“AI”) applications continue to capture widespread attention across various facets of modern life and business, the application of AI in SunBox merits a closer examination. As users consume and generate photovoltaic (“PV”) power, the integrated AI system collects and analyzes this data along with weather information and energy prices. The goal is simple: manage household energy consumption efficiently and cost-effectively.

AI-powered SunBox Home seeks to put the power in users’ hands, offering a personalized experience with choices ranging from maximizing self-consumption to optimizing savings on electricity bills. In a climate where the financial strain on homeowners is palpable, AI-driven SunBox’s customizable modes aim to be more than a mere nod to energy efficiency; they seek to become a smart ally for homeowners navigating the challenges of rising living costs.

The flexibility extends to designating specific battery segments for blackout protection, with the AI seamlessly managing the intricate details. Users can also exercise control over energy delivery by selecting which storage section handles excess consumption.

In the face of increasingly unpredictable weather, SunBox Home steps up again to provide reassurance for homeowners. Its Activate smart storm protection system monitors the weather forecast, ensuring batteries are fully charged when storms are on the horizon.

After a decade dedicated to perfecting this innovative product tailored for the residential market, Turbo Energy appears to show no signs of slowing down. Building on its existing technical expertise, the company expanded into the EV segment in 2022, launching Sunbox with an integrated charger for electric vehicles. What seems to set Sunbox apart is its claim to fame as the only EV charger offering three charging modes along with its sophisticated AI algorithm, empowering homeowners to charge their vehicles directly with renewable energy at the lowest costs and highest speed.

But Turbo Energy’s growth trajectory appears to extend beyond product diversification; it also aims to encompass a strategic foray into new markets. Having solidified its position in Spain, the company embarked on a European expansion journey two years ago. Building on the success of its European growth, Turbo Energy now eyes expansion, with imminent operations launching in South America from its Chilean office (https://ibn.fm/VPOHP). The North American market is next on the agenda, with initial steps anticipated in 2024 (https://ibn.fm/eD2PB). According to its current expansion plans, Turbo Energy aims to extend its international footprint from nine to 14 countries, with the United States, Canada, Mexico, Chile, Peru, and Colombia featured as new spots on its international roadmap.

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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