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TURB (Turbo Energy) Construction In Progress : $0.00 Mil (As of Dec. 2024)


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What is Turbo Energy Construction In Progress?


Turbo Energy Construction In Progress Historical Data

The historical data trend for Turbo Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Turbo Energy Construction In Progress Chart

Turbo Energy Annual Data
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Construction In Progress
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Turbo Energy Semi-Annual Data
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Turbo Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Turbo Energy Business Description

Traded in Other Exchanges
Address
Isabel la Catolica Street, 8, Offices 50-51, Valencia, ESP, 46004
Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.