Turbo Energy, a solar energy storage company, has launched a tokenization project in partnership with Taurus and the Stellar Development Foundation to finance hybrid renewable energy installations. The pilot uses Stellar blockchain to tokenize debt financing for solar and battery Power Purchase Agreements, beginning with a supermarket deployment in Spain.
Turbo Energy S.A., a global provider of AI-optimized solar energy storage technologies, announced a partnership with blockchain infrastructure leader Taurus and the Stellar Development Foundation to tokenize financing for hybrid renewable energy installations. The initiative leverages Taurus-CAPITAL, an institutional-grade tokenization platform, to issue and manage debt financing on the Stellar blockchain for on-site battery-integrated Power Purchase Agreements (PPAs). The pilot deployment uses Turbo Energy's proprietary SUNBOX solar energy storage systems at a supermarket in Spain, demonstrating a decentralized, scalable model for clean energy financing. By tokenizing project financing, the project enables fractional ownership of clean energy assets, lowering investment barriers and democratizing access to sustainable energy infrastructure. The initiative positions itself within the rapidly expanding Energy-as-a-Service market, projected to grow from $74.43 billion in 2024 to $145.18 billion by 2030.
