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TURBO ENERGY EXPANDS PAMESA NET ZERO CONTRACT WITH $7.6 MILLION IN ADDITIONAL STORAGE AND ENERGY MANAGEMENT ORDERS

Globe Newswire•10/11/2026•08:30 ET
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Key Highlights

  • ➤Turbo Energy (TURB) wins €6.83 million, approximately US$7.62 million, in additional orders
  • ➤Additional orders add 51 MWh of contracted battery storage capacity
  • ➤Phase II covers two new sites and capacity increases at existing locations
  • ➤Equipment deliveries are expected during the first half of 2027
  • ➤Pamesa program previously included approximately $53 million for 366 MWh across 10 factories

Expert Statements

Mariano Soria, Chief Executive Officer of Turbo Energy

“Bringing the first installations into operation established an important foundation for the next phase of Pamesa Net Zero”

Mariano Soria, Chief Executive Officer of Turbo Energy

“These additional orders expand the scope of our participation in the program, extending both our battery storage systems and the software that manages them.”

Mariano Soria, Chief Executive Officer of Turbo Energy

“For Turbo Energy, Phase II represents an opportunity to deepen our involvement in a major industrial energy program while continuing to demonstrate how integrated storage and intelligent energy management can address the operating and economic requirements of electricity-intensive industries.”

Turbo Energy battery storage systems deployed within Pamesa Net Zero, an industrial program now expanding to additional sites.

VALENCIA, Spain , Nov. 10, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global technology integrator specializing in AI-driven storage and energy management solutions, today announced additional orders valued at €6.83 million, or approximately US$7.62 million¹, to expand its deployment within Pamesa Net Zero, an industrial energy program at the Spanish facilities of Pamesa Group, Europe’s largest ceramic tile manufacturer.

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