Nasdaq-listed Turbo Energy partnered with Taurus and Stellar to tokenize debt financing for solar-plus-battery systems in Spain, using Taurus' institutional tokenization platform on the Stellar blockchain.
Nasdaq-listed solar energy storage firm Turbo Energy launched a pilot project with institutional blockchain firm Taurus and the Stellar Development Foundation to tokenize debt financing for hybrid renewable energy installations. The pilot will tokenize debt used to finance Power Purchase Agreements for Turbo Energy's SUNBOX solar energy storage systems in Spain. Taurus' institutional-grade platform, Taurus-CAPITAL, will handle issuance and management of tokenized assets on Stellar. The initiative demonstrates a decentralized, scalable model with plans to expand internationally under Turbo Energy Solutions' new Energy-as-a-Service subsidiary, which finances solar and battery projects for commercial and industrial customers.