Solar360, a joint venture of Repsol and Telefonica Espana, and Turbo Energy are entering the new year with a disruptive proposition in the solar photovoltaic self-consumption sector. In an industry that has experienced exponential growth worldwide in recent years, both companies aim to maximize user savings and provide energy when it is needed, not just when the sun is shining. The companies are embarking on a strategic alliance in which Turbo Energy, serving as a technology provider, and Solar360, acting as an energy services promoter, will install intelligent batteries produced by Turbo Energy in homes, commercial areas, and industries across the country. Mariano Soria, CEO of Turbo Energy, remarks, “We are delighted that a market leader like Solar360 has chosen our Sunbox device as a distinctive and innovative product for their value proposition. We are excited about this partnership and believe it will bring value to both sides as well as to a broad variety of consumers.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TURB:
- Turbo Energy Appoints Mariano Soria as CEO of the Company with Enrique Selva to Remain as a Chairman of the Board
- Turbo Energy appoints Mariano Soria as CEO
- Turbo Energy reports 1H revenue EUR 7.2M vs. EUR 14.3M last year
- Turbo Energy Announces Interim Results for the Period Ended June 30, 2023
- Movistar Begins Selling Turbo Energy’s “Do It Yourself” GoSolar, the Most Compact Photovoltaic Solution Available
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue