El Corte Inglés S.A. Begins Selling Turbo Energy's GoSolar Solution
April 16 2024 - 8:50AM
Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the
“Company”), a leader in the field of photovoltaic energy
storage, today announced that El Corte Inglés S.A., the biggest
department store group in Europe and the third largest worldwide,
has launched Turbo Energy's GoSolar offering for sale this week.
This move is expected to allow El Corte Inglés S.A. to further
pursue its commitment to innovation and sustainability, aligning
with Turbo Energy’s pursuit of cleaner and more efficient solutions
in the field of photovoltaic generation.
Headquartered in Madrid, El Corte Inglés S.A. is the only
remaining department store chain in Spain and Portugal. The company
has been a member of the International Association of Department
Stores since 1998. Its stores and online site offer a wide range of
products including music, movies, portable and household
electronics, furniture, hardware, books, clothes, groceries,
gourmet food, cars and real estate.
GoSolar is a lightweight and portable solar energy storage
solution designed to provide consumers with similar capabilities as
our flagship SunBox product, at a fraction of the cost and size.
GoSolar is perfect for homeowners looking to reduce their electric
bills and minimize their carbon footprint, and compatibility with
most household outlets makes installation easy and seamless for the
end-user.
"We are very excited that El Corte Inglés S.A., the third
largest department store group in the world, will be selling our
GoSolar product," said Turbo Energy’s CEO, Mariano Soria. "This
development, we believe, will contribute to the sustainable
reduction of energy costs for thousands of homes and
businesses."
GoSolar complements Turbo Energy's range of available products,
which spans from this small "Do it yourself" kit to the industrial
version launched in 2023, as well as the successful all-in-one
residential version. All Turbo Energy products come with a mobile
application designed for end-users, enabling them to monitor their
system's energy usage and customize its operations accordingly.
Through the use of Artificial Intelligence from a cloud platform,
Turbo Energy optimizes the use of the generated photovoltaic energy
and gathers data to provide increasingly efficient individual and
community clean energy services.
About Turbo Energy, S.A.Turbo Energy is a Spanish company
listed on NASDAQ (ticker: TURB), a leader in photovoltaic energy
storage technology managed through Artificial Intelligence. The
company's goal is to develop innovative solutions that allow end
consumers to harness the full potential of solar energy and reduce
their electricity costs. With a combination of Artificial
Intelligence and advanced technology, Turbo Energy is paving the
way for a more sustainable and energy-efficient future. For more
information, visit www.turbo-e.com.
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These statements include, but are not limited to, statements
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anticipated terms or at all, and other factors discussed in the
"Risk Factors" section of the prospectus filed with the SEC. 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,
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For more information, please contact:Skyline Corporate
Communications Group, LLCScott Powell, President1177 Avenue of the
Americas, 5th Floor New York, NY 10036 Office: (646) 893-5835
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