Turbo Energy, Taurus, and the Stellar Development Foundation launched a tokenization pilot for renewable energy financing in Spain, using Stellar blockchain to enable fractional ownership of solar battery storage projects through debt financing tokenization.
Turbo Energy S.A., a solar energy storage company, announced a partnership with Taurus SA and the Stellar Development Foundation to tokenize financing for hybrid renewable energy installations. The pilot project, beginning at a Spanish supermarket, will tokenize debt financing for battery-integrated Power Purchase Agreements using Turbo Energy's SUNBOX solar storage systems. Taurus will handle tokenization via its institutional-grade platform on the Stellar blockchain, enabling fractional ownership and democratizing investment in clean energy assets. The initiative demonstrates a scalable, decentralized model for renewable energy financing with plans to expand internationally, positioning the partners to capture opportunities in the rapidly growing Energy-as-a-Service market projected to reach $145.18 billion by 2030.