Turbo Energy stock reports 62.5 MWh online in Spain

Published on 10/08/2026 at 01:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Turbo Energy stock was last at USD 1.02 on October 7, 2026, after a 5.56 percent daily decline. First-half revenue rose 172.7 percent to EUR 15.0 million.

TURB, US8999241040, Illustration mit AI erstellt.

Turbo Energy stock (ISIN US8999241040) was last at USD 1.02 on Nasdaq on October 7, 2026, down 5.56 percent from the previous close. The company had announced on October 6 that 62.5 MWh of battery storage was fully operational at three industrial sites in Spain, according to StockTitan.

62.5 MWh moves into operation

The sites at ECO Porcelánico, Compacglass and TAU Porcelánico completed installation, commissioning and testing before entering normal commercial operations. They are the first three operating locations under a USD 53 million contract covering 366 MWh across 10 factories, according to StockTitan.

The three facilities combine the operating storage with 34 MWp of photovoltaic capacity. Turbo Energy delivered more than 130 MWh for the project during the first half of 2026, while other capacity was still moving through installation, integration or commissioning.

Revenue grows, margins narrow

For the six months ended June 30, 2026, Turbo Energy reported revenue of EUR 15,033,238, up 172.7 percent from EUR 5,512,458 in the prior-year period, according to GlobeNewswire. The comparison is based on unaudited first-half results presented in euros.

Operating income reached EUR 510,542, compared with an operating loss of EUR 1,164,274 in the first half of 2025. Net income was EUR 65,647 versus a net loss of EUR 1,397,715, while gross margin fell to 16.5 percent from 24.0 percent.

The figures show the central investor tension in the storage rollout: revenue and operating income improved sharply, but the gross-margin comparison moved lower as large industrial project deliveries increased. The company also reported EUR 3.78 million in net proceeds from equity issuance during the first half.

Stock remains far below yearly high

TURB traded between USD 1.02 and USD 1.09 on October 7, 2026, while its 52-week range stood at USD 0.57 to USD 6.50. The October 7 volume was 100,720 shares, giving the session a concrete liquidity reference alongside the price decline.

Turbo Energy's operating milestone therefore sits beside a highly volatile share-price profile. The next market test is whether additional factories under the 366 MWh program reach commercial operation under the permitting, testing and customer-acceptance conditions described by the company.

Nasdaq quote closes the update

Turbo Energy stock was last at USD 1.02 on Nasdaq on October 7, 2026 at 4:00 p.m. ET. The company operates in solar energy and battery storage, with its business centered on photovoltaic equipment, storage systems and intelligent energy management.