- CEO
- Yaron Gilboa
- Full Time Employees
- 20
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 22 Efal Street Petach Tikva HM Israel 4951122
- IPO Date
- Nov 24, 2021
- Business
- Turbogen Ltd (TASE: TURB) develops and produces multi-fuel micro-turbine combined cooling, heating, and power (CCHP) systems for on-site green energy generation in buildings and microgrids worldwide. The company offers TG-40 systems delivering 40 kW electrical power and 68 kW heat, and TG-120/TG-250 systems providing 120-250 kW electrical power and 170 kW heat, all characterized by high electric efficiency of 31-33% (HHV), combined efficiency above 80%, one moving part for 50,000-hour runtime, modular design, and patented hybrid multi-fuel operation on natural gas, hydrogen-natural gas blends, syngas, biogas, diesel, solar-gas, and solid oxide fuel cell-gas configurations; its proprietary jet-propulsion technology enables low installation and maintenance costs, peak shaving, and net-zero emissions potential. Turbogen targets multi-family residences, hotels, nursing homes, hospitals, offices, and defense applications, operating primarily from Israel with expansions into Europe, the United States, and beyond. Founded in 2014 and headquartered in Petah Tikva, Israel, the company went public on the Tel Aviv Stock Exchange in November 2021. In late 2024, Turbogen signed a letter of intent with a German company for system installation to advance its European market entry and Energy-as-a-Service model, another LOI with a U.S. client for micro-turbine deployment, and a memorandum of understanding with a leading Israeli defense firm to integrate its technology into mobile energy production systems; it also validated hydrogen-methane blend performance through Technion trials and continues hydrogen turbine development with Southwest Research Institute studies.