Turbo Energy shares surge 32.43% intraday as company initiates ATM offering and highlights AI-driven solar storage demand.

Turbo Energy surged 32.43% intraday, driven by a $2.98 million ATM deposit share offering to fund expansion, initiated with a sales agreement with A.G.P. on March 25. On March 19, 2026, the company's board chairman disclosed indirect ownership of 41.58 million shares, signaling long-term confidence. The company specializes in AI-driven photovoltaic energy storage systems and recently announced that its platform helps businesses manage energy price volatility, reinforcing demand logic.