March 19, 2025

Global Expansion of Turbo Energy Gains Momentum with Launch of Turbo Energy Solutions’ New Business Line in Latin America

  • IntroducesNew Energy-as-a-Service (EaaS) Financing Model to Mitigate Large InitialInvestments in Sustainable Energy Technologies by Customers in Chile
  • Performanceof the First SUNBOX IndustryInstallation in Temuco, Chile Successfully Put to the Test During Recent MassiveCountry-Wide Blackout Just Days After Activation

Turbo Energy, S.A.(NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider ofleading-edge, AI-optimized solar energy storage technologies and solutions, todayproudly announced its expansion into Latin America with the formation of TurboEnergy Solutions (“TES”), a wholly owned subsidiary of the Company created tooffer advanced, fully integrated, end-to-end solutions for scalable generation,storage and intelligent AI-optimized management of solar energy for commercialand industrial (“C&I”) customers in Chile.

Turbo Energy Solutions, in collaboration    with the Molina Brothers’ Smart Dock group, complete installation of Latin    America’s first fully integrated solar generation, storage and AI-optimized    energy management system at Alto Labranzo Shopping Center in Chile.

ThroughTES, the Company has also introduced its new Energy-as-a-Service financingprogram, which enables C&I customers in Chile to acquire, deploy andcapitalize on advanced solar energy production systems integrated with SUNBOXIndustry and its innovative AI-powered energy management system,  without the need to make large upfrontinvestments in equipment. Customers benefit from an optimized, efficient andsustainable energy supply while also taking full economic advantage of apayment system based on SUNBOX Industry’s AI-powered energy managementperformance. The EaaS financing program represents a potentially lucrative newrecurring revenue stream for Turbo Energy that is expected to fuel exponentialgrowth for the Company as market acceptance and adoption of SUNBOX Industrygains momentum in the region.

Senior officials from Turbo Energy Solutions and    the Smart Dock industrial group: (left to right) Andres Molina, TES    Business Partner; Rafael Gonzalez, TES Solar Self-Consumption Director;    Agustin Molina, TES Business Partner; Santiago Molina, TES Business    Partner; Felipe Bozzo, TES LATAM Strategy Director; Javier Ferrer, TES    Business Development Manager, SUNBOX Industry  

Marking the first project in partnership with the SmartDock industrial group, an enterprise  ownedand operated by Chile’s prominent Molina Garcia family, TES completed the debutinstallation of the SUNBOX Industry smart energy storage system in theAlto Labranza shopping center located in Temuco, Chile. The full projectinvolved the implementation of a hybrid solar generation and active storagesystem consisting of a photovoltaic installation integrated with the SUNBOXIndustry system featuring 102.4 kWh of capacity and supported by TurboEnergy’s AI-optimized energy management system.  It is estimated that Alto Labranza willproduce more than 147 MWh of clean energy annually, while optimizing its energyefficiency.

Within days following thelive activation of the system at Alto Labranza, on February 26, 2025, Chilesuffered a massive blackout that affected much of the country, from Arica tothe Los Lagos region, including the nation’s capital, Santiago.  Despite the widespread power outage, the AltoLabranza shopping center remained fully operational without interruptions,validating the viability, reliability and efficiency of renewable energy andsmart storage in the operation of commercial facilities.

"Theinstallation in the Labranza center signifies the achievement of doublemilestones for our Company. On the one hand, it represents Turbo Energy's entryinto a leading country in renewable energy with an innovative business model, furtherdemonstrating that execution of our planned global expansion initiative is ontrack and gaining traction. On the other hand, it represents the first smartstorage system implemented in Latin America, setting a precedent for theincorporation of new models that promote the economic decarbonization of thishigh growth region," says Mariano Soria, CEO of Turbo Energy.

Formore information on SUNBOX Industry smart energy storage solutions,please email Turbo Energy at sales@Turbo-e.com

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