TurboGen
On-site Green Energy Generation for Microgrids and EMS
Company Overview
Snapshot
Founded in May 2014, TurboGen operates with 11–50 employees and has raised a total of $9.39M across 10 funding rounds from 7 investors. The company went public on TASE in November 2021.
Business overview
TurboGen specializes in developing and manufacturing turbine-based Combined Cooling, Heating, and Power (CCHP) systems, leveraging industrialized aviation technology. Its proprietary micro-turbines, including the TG40, TG120, and the high-capacity TG250, are designed for sustainable, on-site energy generation. These systems operate on natural gas, 100% hydrogen, or blends, providing a "hydrogen-ready" solution for microgrids, hospitals, hotels, and multi-family residences. TurboGen's technology aims to eliminate grid transmission losses and offer peak shaving capabilities, serving the Energy Tech sector with a focus on energy efficiency and clean energy generation.
Strategic signal
In May 2026, TurboGen announced that businessman Tzachi Abu is moving to acquire a controlling stake in the company. This development signals a potential significant shift in ownership and strategic direction, indicating strong investor confidence and a possible new phase of growth or market expansion for TurboGen.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent corporate development for TurboGen?
- In May 2026, businessman Tzachi Abu initiated talks to acquire a controlling stake in TurboGen, indicating a potential change in ownership and strategic direction for the company.
- When did TurboGen announce its intention for a NASDAQ listing?
- In March 2026, TurboGen Ltd. announced the public filing of its Form F-1 registration statement for a proposed NASDAQ listing, signaling its intent to expand its presence in the US capital markets.
- When did TurboGen go public?
- TurboGen went public on the TASE in November 2021, with its stock rising by 25% on its first day of trading.
- What was a key product development for TurboGen in 2023?
- In June 2023, TurboGen received a groundbreaking patent approval for its microturbine cooling system, enhancing its proprietary technology in energy generation.
- What strategic partnership did TurboGen establish in July 2023?
- In July 2023, TurboGen signed a strategic Memorandum of Understanding with PEG, an American company, to further its market penetration and collaboration efforts.