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Turbo Energy (NASDAQ: TURB) Advances Sunbox Home Energy Solution, EU Subsidizing Adoption

By: Investor Brand Network
February 22, 2024 at 09:35 AM EST
  • EU provides incentives to homeowners that upgrade to renewable energy systems through the European Bank for Reconstruction and Development’s Green Economy Financing Facility
  • Homeowners use subsidies to install heat pumps, energy-efficient windows, underfloor heating, and photovoltaic systems
  • TURB offers all-in-one Sunbox Home solution that leverages AI to manage consumption, reduce expenses, and prevent price shocks
  • TURB serves the commercial market as well, with Sunbox Industry, a renewable energy solution that optimizes consumption, reduces costs, and ensures uninterrupted power
  • Other TURB products include lithium-ion batteries and inverters for photovoltaic energy storage

Homeowners across Europe are leveraging the power of renewable energy and optimizing their homes for efficiency with support from the European Union (https://ibn.fm/vfDos). Subsidies are provided by the European Bank for Reconstruction and Development’s (“EBRD”) Green Economy Financing Facility (“GEFF”) – an organization that helps homeowners upgrade to sustainable solutions with financing support and technical assistance.

Typical upgrades include the installation of a heat pump, energy-efficient windows, underfloor heating, and photovoltaic systems. While these improvements can reduce energy use and long-term costs significantly, the initial costs can be prohibitive. GEFF helps offset some of these expenses through…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to TURB are available in the company’s newsroom at https://ibn.fm/TURB

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