LOBO Secures $1.2 Million Order of PV Power Storage

Rhea-AI Summary

LOBO (NASDAQ: LOBO) received a bulk purchase order worth approximately US$1.194 million from Terrian Town Limited of Kenya for photovoltaic power storage systems on Oct 29, 2025. The order covers 80 villas at an estimated US$13.9K per household, plus portions of the development's business units, and specifies 10kW PV arrays paired with 20kWh LiFePO4 batteries designed to support up to 80% of residential power demand.

The systems will be installed across Terrian Town’s residential and commercial projects on an 8.62-hectare site in Kajiado as part of a planned green-energy community. LOBO frames the sale as part of its expansion into the African renewable energy market and a demonstration of its PV-plus-storage and energy-management capabilities.

Positive

• Signed commercial order valued at US$1.194M
• Order covers 80 villas at US$13.9K per household
• Systems designed for 10kW PV + 20kWh LiFePO4 and up to 80% residential load support
• Expands LOBO presence into the Kenyan/African renewable energy market

Negative

• Single bulk order from one customer (Terrian Town) creates customer-concentration risk
• Press release does not disclose delivery schedule or revenue recognition timing for the US$1.194M order

WUXI, China, Oct. 29, 2025 (GLOBE NEWSWIRE) -- LOBO Technologies Ltd. (NASDAQ: LOBO), a developer and manufacturer of electric mobility and smart energy solutions, today announced that it has received a bulk purchase order valued at approximately US$1.194 million from Terrian Town Limited, a Kenyan real estate company, for its advanced Photovoltaic power storage systems.

The systems, which include 10kW photovoltaic arrays paired with 20kWh lithium iron phosphate (LiFePO₄) batteries, are designed to support up to 80% of the power demand for the residential units. The order covers 80 villas at an estimated cost of US$ 13.9K per household, as well as portions of the business units within the development. The total order value is at approximately US$1.194 million.

Terrian Town owns 8.62 hectares in the Kajiado of Kenya. Management intends to turn the site into a green-energy, eco-friendly town that will serve as the country’s flagship green model community. LOBO is eager to leverage its technology and supply-chain strengths to help Terrian Town achieve this vision. The systems will be installed across Terrian Town’s upcoming residential and commercial developments in Kenya, enhancing energy efficiency and reducing reliance on traditional grid power.

LOBO’s solar power storage systems integrate high-efficiency photovoltaic technology with intelligent energy management to provide reliable, scalable, and cost-effective clean power solutions. This collaboration marks LOBO’s continued expansion into the African renewable energy sector and demonstrates the company’s growing presence and ambition in sustainable infrastructure solutions globally. The company continues to pursue strategic partnerships to expand its renewable and smart hardware offerings in emerging markets.

About LOBO Technologies Ltd.

LOBO is an electric mobility products manufacturer. It is a certified high-tech company specializing in manufacturing a wide range of eco-friendly electric vehicles and home-used robotic products. Its products include e-bicycles, electric motorcycles, e-tricycles, electric off-road four-wheeled shuttles such as golf carts and elderly scooters, solar-powered vehicles as well as smart products. By leveraging cutting-edge technology and sustainable practices, LOBO aims to promote eco-friendly transportation options that reduce carbon footprints and enhance energy efficiency. For more information, please visit: www.loboebike.com

Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations, estimates, and projections about the industry and management’s beliefs and assumptions. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “may” “will” and similar expressions are intended to identify such forward-looking statements. Actual results may differ materially from those expressed or implied. LOBO Technologies undertakes no obligation to update or revise any forward-looking statements except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

For more information, contact:
Zane Xu
IR Manager
ir@loboai.com

FAQ

What is the size and value of LOBO's October 29, 2025 order from Terrian Town (LOBO)?

LOBO received a bulk purchase order valued at approximately US$1.194 million covering 80 villas and portions of business units.

What PV and battery specifications are included in LOBO's system for the Terrian Town project (LOBO)?

The systems pair 10kW photovoltaic arrays with 20kWh LiFePO4 batteries and include intelligent energy management.

How much of residential power demand will LOBO's systems support in the Terrian Town development (LOBO)?

LOBO says the systems are designed to support up to 80% of the power demand for the residential units.

How much does each household system cost in LOBO's Terrian Town order (LOBO)?

The order is estimated at about US$13.9K per household for the covered 80 villas.

Where will LOBO install the photovoltaic storage systems from the October 29, 2025 order (LOBO)?

The systems will be installed across residential and commercial developments on an 8.62-hectare Terrian Town site in Kajiado, Kenya.

What does LOBO say the Terrian Town project means for its business expansion (LOBO)?

The company describes the sale as part of its continued expansion into the African renewable energy sector and its global sustainable infrastructure efforts.