The transformation of Turbo Energygoing from being a device provider to a leader in technological solutions, attests to our capacity for innovation and adaptation. We have gone from offering products such as batteries and other energy storage solutions to develop Comprehensive solutions that optimize energy management through advanced software and artificial intelligence. This change is reflected, for putting only one example, in recent the launch of Sunbox Home Lite in Spain, a solar energy management system designed for households that use artificial intelligence to improve energy efficiency.
But in Turbo Energy we always want to go one step further, betting on a global transformation. In that sense, our entry into Chile with the launch of Turbo Energy Solutions has marked a new chapter in our mission of promoting Ssustainable and innovative energy or innovative. Chile, a country with broad development potential for renewable energy, represents an ideal market for the deployment of our new business model Energy as a Service (EaaS). This approach allows companies to access Advanced energy technologies Without making large initial investments, ensuring an efficient and sustainable energy supply. Thus, last March, we announced our first project launched under this model in the high shopping center, in the Chilean city of Temucowhich has already demonstrated its effectiveness in guaranteeing the electricity supply during the mass blackout that affected the country.
This is just an example of the remarkable international expansion of Turbo Energy, but not the only one. At the end of 2024, we announced an agreement with Connection Holdings in the United States To introduce the storage solutions of domestic solar energy of the Sunbox range in the US market, taking a significant step in our global growth strategy. This agreement has strengthened the Turbo Energy presence in the North American market, where it was already present as a company quoted in the Nasdaqand has allowed us to respond to the growing demand for solar systems combined with storage in that country.
Turbo Energy technology not only focuses on efficiency, but also accessibility. By providing modular and scalable solutions, we empower residential, commercial and industrial users to reduce their dependence on traditional energy sources. Our systems, managed by artificial intelligence, They optimize the use of stored energy, allowing users to maximize the efficiency of their solar facilities.
For all these reasons, we are in a unique position to lead the transition to a more sustainable energy model in various markets in Europe and America. Both strategic alliances, both with Connection Holdings in the United States as with the group Smart Dock a Chilethey provide us with the opportunity to expand our presence in the American continent and address new projects that promote energy decarbonization. We are committed to bringing our innovative solutions to new markets with great growth prospects and we believe that the combination of innovation, design, connectivity and artificial intelligence in our products offers competitive advantages that differentiate us in the solar self -consumption sector.
In short, Turbo Energy is redefining the energy panorama with solutions that not only meet current needs, but also anticipate those of the future. We are proud to take a leadership role in the impulse of energy transformation, and we are determined to continue innovating for a cleaner and more efficient future worldwide.