Turbo Energy (NASDAQ: TURB), a leader in photovoltaic energy storage, today announced a strategic alliance with French multinational retailer Leroy Merlin to include Turbo’s residential photovoltaic product, Sunbox, in Leroy Merlin’s range of products available in Spain. According to the announcement, the collaboration represents a significant milestone for Turbo Energy and is expected to solidify its position as a pioneer in the field of solar energy in Spain. Turbo Energy’s flagship product, Sunbox, is an innovative all-in-one A.I. solution that integrates all necessary electronics to harness solar energy and provide clean, sustainable and free electricity to homes and businesses. Leroy Merlin, which had a revenue in Spain of €3.3 billion in 2022 and is widely known for its emphasis on environmentally friendly and energy conserving solutions, is an international leader in the world of DIY and construction, serving 500 million customers across 20 countries. “We believe this collaboration with Leroy Merlin will further drive the adoption of photovoltaic energy in Spain and contribute to the global effort to combat climate change,” said Turbo Energy’s General Manager Mariano Soria. “The collaboration is also likely to add meaningful incremental revenue for Turbo Energy in 2024.”
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About Turbo Energy S.A.
Turbo Energy is a leading photovoltaic energy storage technology company based in Valencia, Spain. The company’s focus is on developing 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 towards a more sustainable and energy-efficient future. For more information, visit the company’s website at www.Turbo-e.com.
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