Turbo Energy partners with Hithium to deploy AI battery systems across Europe and Latin America

Turbo Energy Stock Rises On AI-Driven Battery Partnership - Turbo Energy (NASDAQ:TURB)

Turbo stock is showing upward momentum. What's ahead for TURB stock? Partnership Expands AI-Driven Energy Storage Deployment Turbo Energy said the partnership will integrate its proprietary AI-driven software platform with Hithium's battery storage systems, enabling deployment of optimized, software-defined energy storage solutions across commercial and industrial applications in Europe and Latin America. The company's platform is designed to transform battery systems into adaptive energy assets capable of improving efficiency, reducing exposure to energy price volatility and enhancing operational resilience. The agreement builds on the company's expanding portfolio of large-scale deployments, including a recently secured $53 million contract to deploy approximately 366 MWh of solar energy storage capacity across more than ten industrial facilities in Spain. The company said the collaboration is expected to support multi-market expansion and accelerate growth in commercial and industrial segments, while contributing to an increasing share of higher-margin, software-driven energy management services. Turbo Energy noted that the partnership leverages Hithium's global scale in battery storage to support broader international deployment and expand its project pipeline. TURB Shares Rise Monday TURB Price Action: At the time of writing, Turbo shares are trading 11.11% higher at $1.80, according to data from Benzinga Pro. This illustration was generated using artificial intelligence via Midjourney. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Turbo Energy partners with Hithium on AI battery systems By Investing.com

VALENCIA, Spain - Turbo Energy, S.A. (NASDAQ:TURB) announced today a partnership with Hithium to integrate its AI-driven optimization platform into Hithium's battery storage systems for commercial and industrial applications in Europe and Latin America. The company, with a market capitalization of $19.47 million and revenue of $11.75 million over the last twelve months, is expanding its commercial footprint despite recent stock volatility. Under the agreement, Turbo Energy will integrate its proprietary software platform with Hithium's battery storage systems to deliver solar energy solutions for commercial and industrial environments, according to a press release statement. The company's software is designed to optimize battery system efficiency and operational performance. The partnership follows Turbo Energy's recently secured $53 million contract to deploy approximately 366 MWh of solar energy storage capacity across more than ten industrial facilities in Spain for an industrial group. The deployment includes solar generation, battery storage and energy management solutions. The stock has experienced significant volatility, declining 24.65% over the past week, though it remains up 75.65% year-to-date. InvestingPro analysis indicates the company is quickly burning through cash, with a Financial Health Score rated as "WEAK." Investors can access 12 additional ProTips and comprehensive financial metrics on the platform. "Energy storage is no longer defined by hardware alone - it is defined by how intelligently that infrastructure operates," said Mariano Soria, Chief Executive Officer of Turbo Energy. "By combining Hithium's global scale in battery storage with our optimization and integration capabilities, we are driving a new generation of software-defined energy infrastructure designed to deliver measurable economic value for industrial and commercial customers." Kelson Li, Vice President of Hithium Europe, stated the collaboration enables the companies to combine battery technologies with AI-driven optimization to deliver software-defined systems. Hithium achieved over 100 GWh in cumulative shipments in 2025 and ranked second globally for total energy storage battery shipments and utility-scale battery shipments in 2025, according to InfoLink, SMM, and ICC. The company delivers to over 18 European countries. Founded in 2013, Turbo Energy integrates AI-driven solar energy storage solutions and energy management systems for residential, commercial and industrial customers. The company operates as part of Umbrella Global Energy across markets in Europe, North America and Latin America. In other recent news, Turbo Energy S.A. reported preliminary revenue for fiscal year 2025 in the range of $22.5 million to $23.5 million, reflecting a growth of 130%-140% compared to the previous year. These figures are based on management estimates and are subject to final audit. Additionally, Turbo Energy has secured approximately $3.25 million through a registered direct offering, with the closing expected soon, pending customary conditions. The company also completed a bank financing restructuring worth approximately €4.87 million ($5.75 million) with Spanish financial institutions, converting existing facilities into long-term financing structures. Meanwhile, Turbogen Ltd. filed for a Nasdaq listing, planning to raise $7.5 million through a strategic private placement. The financing effort will be led by real estate entrepreneur Alex Katz, as the company aims to meet Nasdaq requirements without a traditional U.S. IPO. These developments mark significant financial and strategic moves for both Turbo Energy and Turbogen in their respective markets. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.