{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4KW-h6wJDA","lastupdate":"2024-05-26T00:00:00.000Z","update_date":"2024-05-26T00:00:00.000Z","lastModified":"Dec 5, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"turbogen","minimal_profile":null,"status":"Public","fullstatus":"Public on TASE on Nov, 2021<br>","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$3zJwWnQM57L9vk8Lg3hNI8Etgk90zzqX99zBMCOjbJH4xo7Pi17zeq","name":"TurboGen","oneliner":"On-site Green Energy Generation for Microgrids and EMS","registrar":"515086056","website":"https://turbogenchp.com/","careerspage":"","founded_month":5,"founded_year":2014,"formernames":["Turbo Gas"],"sociallinks":{"twitter":"https://twitter.com/TurboGen4","youtube":"https://www.youtube.com/watch?v=NFEZb7eey-A","facebook":"","linkedin":"https://www.linkedin.com/company/13014951","instagram":""},"social":["https://www.linkedin.com/company/13014951","https://twitter.com/TurboGen4","https://www.youtube.com/watch?v=NFEZb7eey-A"],"flattenedsociallinks":"https://www.linkedin.com/company/13014951|https://twitter.com/TurboGen4|https://www.youtube.com/watch?v=NFEZb7eey-A","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":14,"patent":1,"raised":9390000,"stage":"Public","public_stage":"Public","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Ifev64KDA","primary_sector":"Energy Tech","alternativenames":["Turbo Gen"],"about":"Turbogen is focused on developing turbine-based combined cooling heating and power (CCHP) systems. The company's turbine is based on industrialized aviation technology and comes in three sizes: TG40, with 40 kW electrical power and 68 kW heating; TG120, with 120 Kw electric power and 170 Kw heating. These models are compatible with both natural gas and a blend of hydrogen and natural gas. \n\nTurbogen's CCHP systems offer sustainable on-site energy solutions that are well suited for settings such as microgrids, office buildings, multi-family residences, hospitals, hotels, nursing homes, and more. The systems are lightweight, small, and reliable, providing continuous power for extended periods before requiring servicing.\n\nTurbogen's CCHP systems have high electrical and thermal efficiency, resulting in rapid return on investment, lower building emissions, and peak shaving for utilities. The compact and modular design of the proprietary jet propulsion technology also reduces installation and maintenance costs. The company's patented multi-fuel technology enables hybrid operations such as solar–gas, hydrogen–gas, and SOFC–gas.","climatetech_description":"Building operations generate 30% of annual global greenhouse gas emissions. Turbogen provides an on-site energy generation and heat solution that reduces a building's emissions, resulting in better building effeciency.\n\nTurbogen is in the process of developing a combustor that will burn 100% hydrogen, based on its existing multi-fuel micro-turbine.","is_climatetech_relevant":1,"phone":"+97235795452","country":null,"address":{"israeli":[{"id":"958b2037-264c-4cf5-9879-8516bb54ae6c","city":"Petah Tikva","type":null,"address":"Ef'al Street 22, Petah Tikva, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":"Center District","news":[{"id":"mYochV5qatXhbi6BFL3Ps34RXZ91I5HIuklF9FIg1P0T4pSxdi9iLG","date":"Feb 19, 2024","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_2539327_0_Txtetaxjxdshwhus8sp&ArticleId=114438","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"Investment, Public Trading","company":"טורבוג’ן","layoffs":"Not mentioned","summary":"Israeli company טורבוג’ן, which develops micro turbines for electricity production on gas and bio-diesel, has announced an agreement with an American market underwriter for an Initial Public Offering (IPO) in the US. The company aims to raise at least $5 million over a period of up to 10 months. The funds will be used to continue the development of its turbine, following an efficiency process reported last October. The company is currently in the research and development stage and has no revenue from its operations. It ended the first half of the year with a loss of 10 million shekels from regular operations.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":["Investment","IPO","Electricity Production","Efficiency","Cost Reduction"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$5 million","structured_issues":["Investment","Public Trading"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"KRVQsvbN3SdoDnDKA6OMRt93zEX0420F4iB4uAhrZebWYOSvreToMt","news_summary":"עם הערת ’עסק חי’ וללא הכנסות: טורבוג’ן מחממת מנועים לקראת IPO בארה”ב","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"M7p4zSyglYFIY2X6kzCQzaNTsG3jYhXJltwFlSOxgdbgVWvC6L9Y7m","date":"Jan 18, 2024","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_2526099_0_Txtetaxjxdshwhus8sp&ArticleId=114196","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"Investment, Public Trading","company":"טורבוג’ן","layoffs":"Not mentioned","summary":"טורבוג’ן, a company specializing in the development of a multi-fuel micro-turbine for the production of electricity and heat, has announced a public offering expected to raise around 3.5 million shekels. The funds will be used to finance the companys ongoing development and commercial capabilities of the technology. The companys controlling shareholder, אנגלו טורבו, has announced its intention to exercise all the rights allocated to it in the offering, thus investing a total of about 1.55 million shekels.","partners":"Not mentioned","customers":"Not mentioned","investors":"אנגלו טורבו","confidence":8,"key_topics":["Public Offering","Investment","Technology Development","Cost Efficiency","Hybrid Micro Turbine"],"date_of_event":"Not specified","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"3.5 million shekels","structured_issues":["Investment","Public Trading"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"t1k9ndBhaxDeMAnsQT3EamiewLuDNkPNtK1Zw6O01ShD6NhjLG8vN8","news_summary":"לאחר מהלך עליות מהיר: חברת החלום טורבוג’ן יוצאת לגיוס בזכויות","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"z8pHe8D7df33G5tCGnKVgaPE2mvwaJBQ3a7fc249UW0U0pfBikeZlj","date":"Aug 16, 2023","link":"https://www.funder.co.il/article/152573?_atscid=7_134353_204082920_2458922_0_Txtetaxjxdshwhus8sp","source":"www.funder.co.il","visible":1,"analysis":{"tags":"energy, installation","company":"טורבוגן","layoffs":null,"summary":"טורבוגן, a company developing advanced energy solutions, has received all the necessary approvals, including from Con Edison and the local authority, to install its TG-40 energy system in a high-rise building in New York City. The TG-40 system is a micro-turbine system that generates electricity and heat using natural gas. The installation of the system is expected to be completed in the coming months and will significantly enhance the companys operations in the American market. The system is designed to meet the base load electricity and hot water needs of the building and address the growing demand for energy due to aging power grids. The company aims to reduce electricity costs by up to 20% compared to existing solutions. The installation is part of the companys compliance with commercial regulations. The article mentions the recent announcement by the Biden administration to allocate $8.5 billion for energy improvement in buildings, including the installation of CHP systems.","partners":["Con Edison"],"customers":null,"investors":null,"confidence":9,"key_topics":["energy","installation","CHP","efficiency","pollution"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"VJlFZuk1epkDiKWXz03prQioGjXk61EUfcfnpMXm4FBfz8maqN7Bu5","news_summary":"טורבוג׳ן קיבלה אישורי ממשל ורגולציה בארה״ב להתקנת מערכות ייצור האנרגיה ומתחילה בחדירה לשוק האמריקאי","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"RjhQncK9o8Frf1FCKhlsH8X5zKE6TJbBOlwKP7D1CK2vPb9wHcEOqH","date":"Jul 12, 2023","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_2444126_0_Txtetaxjxdshwhus8sp&ArticleId=112451","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"Partnership, Expansion","company":"Turbogen","layoffs":"N/A","summary":"Turbogen, a company that develops multi-fuel micro-turbines for local electricity and heat production, has signed a memorandum of understanding to explore potential business opportunities with PEG. PEG, or Energy Group Platinum, is a private company based in New York, USA, that specializes in the production, marketing, and installation of energy systems and energy management systems in residential buildings, offices, and industrial buildings. The main focus of the memorandum is to explore potential business opportunities for the development of integrated energy systems based on the existing technologies of Turbogen and PEG.","partners":"PEG","customers":"N/A","investors":"N/A","confidence":9,"key_topics":"Energy Systems, Partnership","date_of_event":"12.07.23","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners, Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Partners, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"kPha4lSA5UJnJ24aXszKH7Sx8foCpTdsm7uoTrT3WFid0HvkTrqtr5","news_summary":"טורבוג’ן חתמה על מזכר הבנות אסטרטגי עם PEG האמריקאית","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"pw7X6t6aqjVn3RhWshb1zsxDGQ8NYURaf7k9i2Ec5ncMczHRJvbd8r","date":"Jun 18, 2023","link":"https://www.maariv.co.il/business/tech/Article-1015881?_atscid=7_134353_204082920_2431470_0_Txtetaxjxdshwhus8sp","source":"www.maariv.co.il","visible":1,"analysis":{"tags":"green energy","company":"טורבוגן","layoffs":null,"summary":"Israeli company טורבוגן has developed a new cooling system for gas turbines that allows them to operate efficiently at high temperatures. The system has received a patent approval in the US and is expected to result in higher energy output, improved efficiency, and lower costs. טורבוגן has been selected for a national project by the US Department of Energy and offers a range of products for gas capture and utilization. The company has also signed agreements with leading energy companies in the local market. The successful completion of the first micro-turbine and laboratory tests has positioned טורבוגן to install the system for commercial customers, following the installation of the first system in New York earlier this year.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["טורבוגן","פטנט","מיקרו-טורבינות","ירון גלבוע","מערכת קירור"],"date_of_event":"2023-06-18","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"HxlMMOcuZZ2cuLnQWAqG0ZFyTuBWWiZf2M9Xpu9sU8lXolDyDm8HuB","news_summary":"יביא להורדה במחירי החשמל? פיתוח ישראלי פורץ דרך לאנרגיה ירוקה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"YboOdiTGhw0B2ehB48x9hizPQKxISnbj0QjYCN4ErUAHtXF0fIRHyS","date":"Jun 15, 2023","link":"https://www.ibtimes.com/turbogens-innovative-leap-groundbreaking-patent-approval-microturbine-cooling-system-3700149","source":"www.ibtimes.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"URl9iIliYpfE5q0w0D5l2i5n670F6NuNbDkVU3buVA31GVN4gucylS","news_summary":"TurboGen's Innovative Leap: A Groundbreaking Patent Approval for Microturbine Cooling System","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"a4b4a479-4f3e-4745-89a9-ea1a7c7a39dd","date":"Jun 23, 2022","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_2224156_0_Txtetaxjxdshwhus8sp&ArticleId=108854","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"research agreement","company":"טורבוג’ן","layoffs":null,"summary":"טורבוג’ן (Turbogen) has signed a research agreement with South West Research Institute (SWRI) to develop a self-sustaining electricity and heat system based on hydrogen and advanced combustion technology. SWRI is a leading independent research and development institute in the engineering and science field. The collaboration aims to experiment and simulate the combustion performance of hydrogen and natural gas mixtures in Turbogens TG-40 combustion chamber. The research will contribute to the use of hydrogen as a renewable energy source alongside natural gas. Turbogens goal is to transition to 100% hydrogen as a clean energy source for electricity and heating without CO2 emissions.","partners":"South West Research Institute","customers":null,"investors":null,"confidence":9,"key_topics":["research agreement","development of self-sustaining electricity and heat system","collaboration with international research and development institutes","use of hydrogen and natural gas mixture","simulation of combustion performance"],"date_of_event":"2022-06-23","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"vvOrqldbsMCFybDeHvDffWXBI0qhQRoA4MMRbVMhzw0i7t5RTtkgGp","news_summary":"טורבוג'ן חתמה על הסכם מחקר לבדיקת ביצוע בעירה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8VSUHOwQr7kLxD3KZosyQZF3P3goLGgsSyCvJDPngYGWncEEPuNgqX","date":"Apr 25, 2022","link":"https://hydrogen-central.com/turbogen-hydrogen-turbine-fuel-future/","source":"hydrogen-central.com","visible":1,"analysis":{"tags":"hydrogen energy","company":"TurboGen","layoffs":null,"summary":"TurboGen, a company specializing in the development of hybrid microturbines, is working to enable its systems to use hydrogen to generate energy. The company aims to develop a microturbine that can operate on 100% hydrogen. This move aligns with the global trend of transitioning to clean energy sources. Hydrogen can be combined with oxygen to generate electricity, similar to modern batteries, but with cleaner and renewable energy production. TurboGen estimates that its microturbine can operate with mixes of up to 50% hydrogen and plans to develop a combustion cell for 100% hydrogen combustion. The article also mentions other companies and countries, such as Colmobil and Romania, that are investing in hydrogen energy solutions.","partners":"Hyundai, Colmobil","customers":null,"investors":null,"confidence":8,"key_topics":["Hydrogen","Renewable energy","Microturbines","Clean energy","Hydrogen fuel cells"],"date_of_event":"April 24, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"FiQDHpaGpqA9wYR0Or9sYIKH7YO1CPp1gDvEahKejercF3IQZj0uA4","news_summary":"Turbogen - Hydrogen Turbine Heralds The Fuel of The Future - Hydrogen Central","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"31e9bd3d-57e6-43e0-8ad3-7f3bec3588bc","date":"Apr 24, 2022","link":"https://www.zmantelaviv.com/en/hydrogen-turbine-by-hydrogen-signals-the-fuel-of-the-future/","source":"www.zmantelaviv.com","visible":1,"analysis":{"tags":"renewable energy","company":"TurboGen","layoffs":null,"summary":"TurboGen, a company specializing in hybrid microturbines, is developing a project to utilize hydrogen for electricity generation. The company aims to pioneer the use of hydrogen in microturbines and contribute to the transition to clean energy sources. TurboGen estimates that its new microturbine will require minor changes to operate on a combustion cell utilizing 50% hydrogen. The CEO of TurboGen sees this transition as a significant event for the company and aims to develop a non-polluting solution based solely on hydrogen. Other companies, such as Colmobil, are also investing in hydrogen energy, with plans to import hydrogen-powered trucks. Israel is one of the first countries to pioneer the use of fuel cells on its roads.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["Renewable Energy","Hydrogen","Microturbines","Clean Energy","Israel"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"RbQkacHRQFoTO7X2YixLbXIQhkE9q8kij3zvH6ILxF90UDEwxHv6XX","news_summary":"Hydrogen Turbine by HydroGen Signals the Fuel of the Future","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"35b9c01e-8015-407d-a0ef-fe2ad9a4aa0f","date":"Dec 12, 2021","link":"https://en.globes.co.il/en/article-micro-turbine-co-turbogen-doubles-in-value-in-first-10-trading-days-1001394178","source":"en.globes.co.il","visible":1,"analysis":{"tags":"high-efficiency combined heat and power systems","company":"TurboGen","layoffs":null,"summary":"Israeli company TurboGen, specializing in high-efficiency combined heat and power systems using micro turbines, has doubled in value within the first 10 days of its IPO. The company raised NIS 18 million at a company valuation of NIS 143 million and is now worth NIS 276 million. TurboGen aims to enable every building to become a power station supplying itself with electricity. The company has signed agreements with ENPG and Supergas for technology installation and distribution. TurboGens technology was developed by RJet, a subsidiary of Rafael Advanced Defense Systems. The company has raised about NIS 55 million to date.","partners":["ENPG","Supergas"],"customers":null,"investors":null,"confidence":9,"key_topics":["TurboGen","high-efficiency combined heat and power systems","micro turbines","electricity production","company valuation"],"date_of_event":"December 12, 2021","valuation_amount":"NIS 276 million","impact_on_company":"growth-positive","investment_amount":"NIS 18 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"JQI3ECk1dyP2Ljl9Ape4zK7Jp6lBGPGEUJmnKyY6Gey9TVdoBLctxR","news_summary":"TurboGen doubles in value in first 10 trading days","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1ecba2b6-9f97-4a94-97fa-a6ab7eb8e177","date":"Nov 24, 2021","link":"https://bizzness.net/%D7%98%D7%95%D7%A8%D7%91%D7%95%D7%92%D7%9F-%D7%A2%D7%95%D7%9C%D7%94-%D7%91-25-%D7%91%D7%99%D7%95%D7%9D-%D7%94%D7%9E%D7%A1%D7%97%D7%A8-%D7%94%D7%A8%D7%90%D7%A9%D7%95%D7%9F-%D7%91%D7%91%D7%95%D7%A8/","source":"bizzness.net","visible":1,"analysis":{"tags":"Public Trading, Investment","company":"טורבוגן","layoffs":"N/A","summary":"TurboGen, a company specializing in the development of multi-fuel micro-turbines for self-production of electricity and heat in buildings, has completed its public offering on the Tel Aviv Stock Exchange on November 18, 2021. The company raised about 18 million NIS at a value of about 143 million NIS. TurboGen has signed several agreements to implement its technology, including an agreement with an American company named ENPG. In Israel, the company has partnered with Supergas for the exclusive distribution of micro-turbines.","partners":["ENPG","Supergas"],"customers":"N/A","investors":"Public investors","confidence":9,"key_topics":["Public Trading","Investment","Partnership","Technology","Expansion"],"date_of_event":"November 18, 2021","valuation_amount":"143 million NIS","impact_on_company":"growth-positive","investment_amount":"18 million NIS","structured_issues":["Public Trading","Investment"],"acquisition_amount":"N/A","structuredIssuesShow":"#Public Trading  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"yFbMtWYWBA2YxmL0fdVa8RQYqt9yDlqPwF76fZt1SVDno3XRlbEMPZ","news_summary":"טורבוג'ן עולה ב-25% ביום המסחר הראשון בבורסה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5dd77761-73a6-45a7-a84d-744bc3200bec","date":"Jul 19, 2021","link":"https://www.new-techonline.com/2021/07/%d7%91%d7%93%d7%a8%d7%9a-%d7%9c%d7%99%d7%99%d7%a6%d7%95%d7%a8-%d7%97%d7%a9%d7%9e%d7%9c-%d7%9e%d7%a7%d7%95%d7%9e%d7%99-%d7%91%d7%99%d7%a9%d7%a8%d7%90%d7%9c-%d7%98%d7%95%d7%a8%d7%91%d7%95%d7%92%d7%9f/","source":"www.new-techonline.com","visible":1,"analysis":{"tags":"energy, micro-turbine","company":"טורבוג’ן","layoffs":null,"summary":"טורבוג’ן, a company that developed a micro-turbine for local electricity and heat production, has made a significant breakthrough in the local market. The company signed a memorandum of understanding and a partnership agreement with Supergas, the largest gas supplier in Israel. They will establish a joint venture to provide energy services based on Turbogins micro-turbine. The company estimates that the micro-turbines will be installed first in the central and southern regions of Israel. Turbogin has already completed the development of a prototype and plans to build its first operational site in New York in the second half of 2022. The company aims to reduce electricity and heating costs for future consumers by 10%-20% compared to current tariffs.","partners":"Supergas","customers":null,"investors":"רשות החדשנות, קרן בירד אנרגיה","confidence":8,"key_topics":["Micro-turbine","Combined Heat and Power","Partnership","Energy","Electricity"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"31 million NIS","structured_issues":["Customers","Partners","Investment","Public Trading"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners  #Investment  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ggq2qVOj1cILQjky5Z1Fn6f4syETDP7bSojSJKbDzCla4YMPgxLu0e","news_summary":"בדרך לייצור חשמל מקומי בישראל טורבוג'ן חתמה על הסכם שיתוף פעולה ראשון מסוגו עם סופרגז  New-Tech OnLine","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"869e97b8-2911-4242-9f9a-b10740f2788f","date":"Jul 18, 2021","link":"https://finance.walla.co.il/item/3448829","source":"finance.walla.co.il","visible":1,"analysis":{"tags":"Partnership, Energy","company":"טורבוגן","layoffs":"Not mentioned","summary":"Israeli company Turbogen, which developed a multi-fuel micro-turbine for local electricity and heat production, has signed a partnership with Supergas, Israels largest natural gas supply and distribution company. The partnership will establish a joint company to provide energy as a service, based on Turbogens micro-turbine. The company estimates that it can reduce electricity and heating costs for future consumers by 10%-20% compared to existing tariffs. 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