Turbo Energy selects Taurus and Stellar to launch a tokenized clean energy financing pilot project in Spain

ChainCatcher news, according to The Block, Nasdaq-listed Turbo Energy S.A. (TURB), together with institutional blockchain company Taurus S.A. and Stellar Development Foundation, has launched a hybrid renewable energy facility financing tokenization initiative, with a pilot project first carried out in Spain.

According to Tuesday's announcement, the pilot will tokenize the debt financing of power purchase agreements for on-site integrated batteries, deploying Turbo Energy's proprietary SUNBOX solar energy storage system. Meanwhile, Taurus's institutional-grade platform, Taurus-CAPITAL, will issue and manage these tokenized assets on the Stellar blockchain. The announcement states that this approach demonstrates a decentralized, scalable model, with plans to expand to international markets through Turbo Energy Solutions and its new "Energy-as-a-Service" model subsidiary, facilitating project financing for commercial and enterprise clients.

.