Turbo Energy is partnering with Stellar blockchain and Taurus to tokenize debt for financing hybrid solar energy projects, starting with a pilot in Spain. The initiative aims to broaden access to renewable energy investments by enabling fractional ownership through blockchain. This reflects growing use of tokenization for real-world assets in the Energy-as-a-Service market.
Solar energy storage firm Turbo Energy, listed on Nasdaq, has announced a collaboration with the Stellar Development Foundation and Swiss digital asset provider Taurus to tokenize debt financing for hybrid solar and battery projects. The pilot launches at a supermarket in Spain, tokenizing Power Purchase Agreements (PPAs) on the Stellar network to offer fractional investment shares and lower entry barriers. CEO Mariano Soria highlighted this as a key application of blockchain in energy financing, combining real-world infrastructure with transparent, intermediary-free oversight. The model taps into the $74.4 billion Energy-as-a-Service (EaaS) market, projected to nearly double by 2030, following Turbo's prior pilots in Chile.