Turbo Energy Files Patent Application In Spain For its Sunbox Commercial And Industrial Product
Portfolio Pulse from Benzinga Newsdesk
Turbo Energy, S.A. (NASDAQ:TURB) has filed a patent application in Spain for its Sunbox Commercial & Industrial product, a leading solution in photovoltaic energy storage that enhances efficiency and adaptability for both isolated and grid-connected solar projects. The product's software allows integration with existing solar installations of any brand, promising to lower costs and standardize systems. CEO Mariano Soria expressed optimism for the OEPM's approval and plans for international patent applications to drive global revenue growth.
May 06, 2024 | 1:04 pm
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Turbo Energy's patent application in Spain for its Sunbox C&I product could significantly enhance its market position in photovoltaic energy storage, potentially leading to global revenue growth upon international patent approval.
The filing of a patent application for the Sunbox C&I product by Turbo Energy represents a strategic move to secure its technology and expand its market reach. The product's ability to integrate with any brand's existing solar installations and its cost efficiency are competitive advantages that could lead to increased adoption and sales. The optimism expressed by the CEO about the OEPM's approval and the plans for seeking an international patent suggest a positive outlook for the company's growth in the renewable energy sector.
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