STOCK TITAN

Turbo Energy adds €3M in C&I storage orders

Turbo Energy adds a 15-project, €3 million C&I storage portfolio in Spain and Chile, separate from its previously announced US$53 million Pamesa deployment.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Turbo Energy, S.A. (TURB) reports a new portfolio of 15 firm-order commercial and industrial energy storage projects across Spain and Chile, with an estimated aggregate order value attributable to the company of approximately €3 million (about US$3.48 million). The portfolio combines 15.6 MWh of storage capacity and 5.95 MW of power, extending Turbo Energy’s AI-driven energy management technology across a diversified set of C&I customers and applications.

Two systems are already operating, three are under installation, nine are in manufacturing and one is in development. Based on current project schedules, Turbo Energy expects the projects not yet operating to move through delivery, installation and commissioning between Q4 2026 and H1 2027, subject to customer site readiness and other project-specific conditions. The 15-project portfolio is separate from the previously announced 366 MWh Pamesa Net Zero deployment under a US$53 million contract, and the estimated €3 million order value and 15.6 MWh capacity exclude Pamesa. The company notes that the €3 million figure reflects order value attributable to Turbo Energy and does not represent revenue recognized in a single reporting period, as revenue and cash collection depend on contractual and execution milestones for each project.

Positive

  • Firm €3 million C&I storage portfolio adds contracted backlog, with 15 projects totaling 15.6 MWh and 5.95 MW across Spain and Chile, demonstrating commercial traction and diversification beyond the previously announced US$53 million, 366 MWh Pamesa industrial deployment.

Negative

  • None.

Filing Explained

The portfolio has binding contract support, but completion and cash realization remain subject to each project’s contractual provisions and milestones.

The company defines the 15-project portfolio as backed by binding purchase orders and/or executed supply agreements, excluding non-binding proposals and letters of intent; each order remains subject to its contractual modification, cancellation or termination provisions.

The filing is incorporated by reference into the prospectus contained in the company’s effective Form F-3 registration statement, adding this disclosure to that registration statement’s prospectus record.

Aggregate order value €3,000,000 (approximate) Estimated aggregate order value attributable to Turbo Energy for 15 C&I projects
Aggregate order value in USD US$3,480,000 (approximate) Equivalent to €3 million using US$1.1604 per euro
Number of projects 15 projects Firm-order C&I energy storage portfolio across Spain and Chile
Storage capacity 15.6 MWh Total storage capacity of the 15-project portfolio, excluding Pamesa
Power capacity 5.95 MW Total power of the 15-project portfolio
Project status counts 2 operating, 3 under installation, 9 in manufacturing, 1 in development Status distribution across the 15 projects
Pamesa capacity 366 MWh Capacity of previously announced Pamesa Net Zero industrial deployment
Pamesa contract value US$53,000,000 Contract value for the 366 MWh Pamesa Net Zero deployment
firm-order portfolio financial
"the “firm-order portfolio” comprises 15 projects supported by binding purchase orders"
AI-driven energy management technical
"a global technology integrator specializing in AI-driven energy storage and energy management"
energy flexibility services technical
"participation in energy flexibility services"
revenue recognition financial
"The estimated aggregate €3 million order value ... does not represent revenue recognized"
Revenue recognition is the accounting rule that determines when a company records a sale as income on its financial statements, which may differ from when cash actually arrives. It matters to investors because the timing and method used can change reported profits and growth, so understanding it is like knowing whether a scoreboard counts goals as soon as they’re scored or only after they’re confirmed — the timing affects comparisons, forecasts, and valuation.
peak-demand management technical
"including solar energy time shifting, self-consumption optimization, peak-demand management"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Turbo Energy (TURB) announce in this Form 6-K?

Turbo Energy announced a portfolio of 15 firm-order C&I energy storage projects in Spain and Chile, with an estimated order value of about €3 million (US$3.48 million), totaling 15.6 MWh of storage and 5.95 MW of power.

How large is the new C&I project portfolio for TURB in capacity and value?

The portfolio represents an estimated €3 million in aggregate order value attributable to Turbo Energy, or about US$3.48 million, and combines 15.6 MWh of storage capacity with 5.95 MW of power across 15 projects.

What is the status and expected timeline of Turbo Energy’s 15 new projects?

Of the 15 projects, two are operating, three under installation, nine in manufacturing and one in development. Turbo Energy expects the remaining projects to progress through delivery, installation and commissioning between Q4 2026 and H1 2027, subject to project-specific conditions.

How does the new 15-project portfolio relate to Turbo Energy’s Pamesa contract?

The company states the 15-project portfolio is separate from its previously announced 366 MWh Pamesa Net Zero deployment under a US$53 million contract. The €3 million order value and 15.6 MWh capacity for the new portfolio exclude Pamesa.

Will the €3 million order value for TURB’s new portfolio be recognized as revenue at once?

No. Turbo Energy clarifies the €3 million is the aggregate order value attributable to the company and does not represent revenue recognized within a single reporting period. Revenue recognition and cash collection depend on contractual and execution milestones for each project.

What technologies is Turbo Energy (TURB) deploying in these 15 C&I projects?

The projects integrate modular battery storage with energy management systems and AI-driven optimization, designed to automate charging and discharging, coordinate with on-site renewable generation and support uses like solar time shifting, peak-demand management and off-grid power.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-41813

 

TURBO ENERGY, S.A.

(Name of Registrant)

 

Plaza de América 2, 4AB
Valencia, Spain 46004

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒       Form 40-F ☐

 

 

 

 

 

Commercial and Industrial Energy Storage Portfolio Expansion

 

On September 17, 2026, Turbo Energy, S.A. (the “Company”) issued a press release announcing the continued expansion of its commercial and industrial energy storage footprint through a portfolio of 15 firm-order projects across Spain and Chile.

 

As disclosed in the press release, the portfolio has an estimated aggregate order value attributable to the Company of approximately €3 million, equivalent to approximately US$3.48 million, calculated using an exchange rate of US$1.1604 per euro, the Federal Reserve H.10 rate reported for September 11, 2026, in the release dated September 14, 2026. The portfolio combines 15.6 MWh of storage capacity and 5.95 MW of power. Two systems are operating, three are under installation, nine are in manufacturing and one is in development. Based on current project schedules, the Company expects the projects not yet operating to progress through delivery, installation and commissioning between Q4 2026 and H1 2027, subject to customer site readiness and other project-specific conditions.

 

The press release further discusses the Company’s AI-driven energy management and optimization capabilities and the portfolio’s applications across commercial and industrial operating environments. The 15-project portfolio is separate from the Company’s previously announced 366 MWh Pamesa Net Zero industrial deployment under a $53 million contract, and the estimated €3 million order value and 15.6 MWh capacity reported in the press release exclude Pamesa.

 

A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.

 

This Report on Form 6-K is incorporated by reference into the prospectus contained in the Company’s registration statement on Form F-3 (SEC File No. 333-291470) declared effective by the Securities and Exchange Commission on December 16, 2025.

 

Index

 

EXHIBIT NO.   DESCRIPTION
99.1   Press Release titled “Turbo Energy Expands Its C&I Footprint with a $3.5 Million Portfolio of 15 Intelligent Energy Storage Projects,” dated September 17, 2026

 

1

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  TURBO ENERGY, S.A.
   
Date: September 17, 2026 By: /s/ Mariano Soria
    Mariano Soria
    Chief Executive Officer

 

2

 

Exhibit 99.1

 

 

TURBO ENERGY EXPANDS ITS C&I FOOTPRINT WITH A $3.5 MILLION PORTFOLIO OF 15 INTELLIGENT ENERGY STORAGE PROJECTS

 

Representing 15.6 MWh of storage capacity across Spain and Chile, the firm-order portfolio extends Turbo Energy’s AI-driven energy management technology across a diversified base of C&I applications as industrial operators seek greater energy cost control and resilience amid renewed market volatility.

 

VALENCIA, Spain — (GLOBE NEWSWIRE) – September 17, 2026 Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global technology integrator specializing in AI-driven energy storage and energy management solutions, today announced the continued expansion of its commercial and industrial (“C&I”) footprint through 15 firm-order energy storage projects across Spain and Chile.

 

Representing an estimated aggregate order value attributable to Turbo Energy of approximately €3 million, or approximately US$3.48 million¹, the portfolio combines 15.6 MWh of storage capacity and 5.95 MW of power units with energy management systems designed to optimize how electricity is generated, stored and consumed at each site.

 

The projects demonstrate continued commercial traction and execution across a diversified base of C&I applications. Two systems are already operating, three are under installation, nine are in manufacturing stage and one is under development, advancing the portfolio from signed orders into deployed energy infrastructure. Based on current project schedules, Turbo Energy expects the projects not yet operating to progress through delivery, installation and commissioning between Q4 2026 and H1 2027, subject to customer site readiness and other project-specific conditions.

 

Turbo Energy is addressing a broad range of real-world energy requirements, including solar energy time shifting, self-consumption optimization, peak-demand management, off-grid power supply, electric-vehicle charging, mitigation of grid interruptions and participation in energy flexibility services.

 

Across the portfolio, Turbo Energy combines modular battery storage with energy management systems and its AI-driven optimization capabilities. By analyzing generation, consumption and operating requirements, the Company’s technology is designed to automate charging and discharging decisions, coordinate storage with on-site renewable generation and improve the economic use of energy assets.

 

The portfolio is expanding as businesses face renewed uncertainty across global energy markets. Disruptions affecting energy flows through and around the Strait of Hormuz have contributed to heightened volatility in oil, refined products, freight and broader energy markets, reinforcing the exposure of industrial margins to energy price shocks.

 

 

¹ U.S. dollar amount calculated using an exchange rate of US$1.1604 per euro, the Federal Reserve H.10 rate reported for September 11, 2026, in the release dated September 14, 2026.

 

 

 

Against this backdrop, by transforming battery storage from standalone equipment into an actively managed energy system, Turbo Energy’s technology is designed to help operators optimize when electricity is generated, stored and consumed, manage peak-demand exposure and strengthen continuity during grid disruptions. This intelligent layer provides customers with greater control over the energy variables within their operations.

 

“Energy volatility is no longer a temporary operating issue. It is a structural risk for industrial competitiveness,” said Mariano Soria, Chief Executive Officer of Turbo Energy. “Customers are not simply looking for more battery capacity. They need an intelligent energy layer capable of coordinating generation, storage and demand around the economics of their operations.”

 

“These 15 projects demonstrate that our technology can be deployed across different industries, system sizes and energy requirements. With projects spanning development, manufacturing, installation and operation, the portfolio shows the repeatability of our AI-driven platform across a more diversified C&I customer base,” Soria added.

 

The 15 projects are separate from the Company’s previously announced 366 MWh Pamesa Net Zero industrial deployment under a $53 million contract. The estimated €3 million order value and 15.6 MWh capacity reported in this release exclude Pamesa. While Pamesa demonstrates Turbo Energy’s ability to execute at major industrial scale, this separate portfolio demonstrates the repeatability of its technology across a broader base of modular C&I installations, customers, applications and operating environments.

 

For purposes of this release, the “firm-order portfolio” comprises 15 projects supported by binding purchase orders and/or executed supply agreements received or entered into by Turbo Energy and excludes non-binding proposals and letters of intent. As with any commercial agreement, the orders remain subject to their respective contractual terms, including any applicable modification, cancellation or termination provisions. The estimated aggregate €3 million order value represents the value attributable to Turbo Energy under the underlying orders and does not represent revenue recognized within a single reporting period. Revenue recognition and cash collection depend on the contractual and execution milestones applicable to each project.

 

About Turbo Energy, S.A.

 

Founded in 2013, Turbo Energy, S.A. (Nasdaq: TURB) is a global technology integrator specializing in AI-driven energy storage and energy management solutions. The Company integrates advanced battery storage, proprietary software and energy management systems into intelligent energy solutions that help residential, commercial and industrial customers optimize energy consumption, reduce costs, improve resilience and maximize the value of their energy assets.

 

As part of Umbrella Global Energy, Turbo Energy plays a strategic role in driving innovation in intelligent energy storage, electrification and software-defined energy management across Europe, North America and Latin America. For more information, please visit www.turbo-e.com.

 

Page 2 of 3

 

Forward-Looking Statements

 

Statements in this press release about future expectations, plans and prospects, including anticipated manufacturing, delivery, installation and commissioning timelines, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual reports under the heading “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:

 

Turbo Energy | Investor Relations
Email: investors@turbo-e.com
Website: investors.turbo-e.com

 

Page 3 of 3

 

Filing Exhibits & Attachments

1 document

Keep reading