Turbo Power S.A. (NASDAQ: TURB) Stories Resilience Amid Flash Flood Affect In Valencia

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Turbo energy (NASDAQ: TURB)
supplied an replace on the operational and financial results of the devastating October 2024 flash floods in southeastern Spain. Whereas the corporate’s headquarters and supply chain remained largely unaffected, its warehouse sustained harm, compromising $2.3 million in legacy product stock. Turbo Power confirmed full insurance coverage protection for the losses, with reimbursement anticipated inside 60-90 days. CEO Mariano Soria expressed gratitude for the staff’s efforts in cleanup and neighborhood restoration, emphasizing the corporate’s power and optimism for progress and world enlargement in 2025, whereas extending condolences to these affected by the catastrophe.

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About Turbo Power S.A.

Based in 2013, Turbo Power is a globally acknowledged pioneer of proprietary photo voltaic vitality storage applied sciences and options managed by way of Synthetic Intelligence (“AI”). Turbo Power’s elegant all-in-one and scalable, modular vitality storage programs empower residential, business and industrial customers increasing throughout Europe, North America and South America to materially cut back dependence on conventional vitality sources, serving to to decrease electrical energy prices, present peak shaving and uninterruptible energy provide and understand a extra sustainable, energy-efficient future. A testomony to the corporate’s dedication to innovation and trade disruption, Turbo Power’s introduction of its flagship
SUNBOX
represents one of many world’s first excessive efficiency, competitively priced, all-in-one dwelling photo voltaic vitality storage programs, which additionally incorporates patented EV charging functionality and highly effective AI processes to optimize photo voltaic vitality administration.
Turbo Power is a proud subsidiary of publicly traded Umbrella World Power, S.A., a vertically built-in, world collective of photo voltaic energy-focused firms. For extra data, go to the corporate’s web site at
.

NOTE TO INVESTORS:
The most recent information and updates regarding TURB can be found within the firm’s newsroom at

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