Turbo Energy(US:TURB) Globenewswire·2025-11-11 13:00Core Insights - Turbo Energy S.A. has launched a project to tokenize financing for hybrid renewable energy installations in collaboration with Taurus S.A. and the Stellar Development Foundation, starting with a proof of concept at a supermarket in Spain [1][2][8] Industry Overview - The global Energy-as-a-Service (EaaS) market was valued at US$74.43 billion in 2024 and is projected to reach US$145.18 billion by 2030, representing a compound annual growth rate (CAGR) of 12.3% [2] Company Initiatives - The project will tokenize debt financing for on-site battery-integrated Power Purchase Agreements (PPAs), utilizing Turbo Energy's SUNBOX solar energy storage systems to deliver renewable power directly to the site [3][8] - Turbo Energy aims to expand its EaaS model through a dedicated subsidiary that facilitates financing for solar and battery projects to commercial and industrial customers [3][8] Technology and Partnerships - Taurus has been selected as a partner to drive the renewable energy tokenization initiative, utilizing its Taurus-CAPITAL platform for efficient and secure token issuance and management on the Stellar blockchain [4][5] - The Stellar network supports fractionalized, on-chain financing models, reducing barriers to investment in sustainable energy infrastructure [5][6] Investment Model - The project leverages smart contract technology and tokenization to enable fractional ownership of clean energy assets, democratizing investment in sustainability initiatives [6][8] - By tokenizing project financing, Turbo Energy opens opportunities for incremental revenue from its PPA On-Site model, while establishing a replicable framework for future renewable energy projects [8] Future Outlook - The initiative is seen as a concrete application of blockchain in energy financing, combining solar storage infrastructure with blockchain technology to create new revenue streams and wider access to sustainable investments [8][9]