TL;DR
- Turbo Energy launches a pilot to tokenize financing for solar and battery projects, in collaboration with Taurus and Stellar.
- The initiative combines EaaS and blockchain, allowing investors to access tokenized energy contracts directly with on-chain traceability.
- The project aims to scale renewable energy financing globally for both institutional and retail investors.
Turbo Energy, a Spanish company specialized in hybrid energy solutions, has launched a pilot project to tokenize financing for solar and battery installations, starting with a supermarket in Spain.
The initiative seeks to demonstrate how blockchain-based debt instruments can fund distributed energy projects, enabling broader investor participation and streamlining capital access for renewable energy developments.
Energy Distribution Through Subscription Models
The project is being developed in collaboration with Taurus, a digital asset infrastructure firm, and the Stellar Development Foundation. Tokenization will facilitate the financing of Power Purchase Agreements (PPAs) through Turbo Energy’s SUNBOX solar and storage systems, creating a scalable framework applicable to commercial and industrial projects worldwide. Each token will represent a fraction of the issued debt, allowing investors to participate directly and securely thanks to Stellar’s on-chain traceability.
The initiative operates within the Energy-as-a-Service (EaaS) model, which allows businesses to pay for energy consumption or performance without owning the equipment. Turbo Energy handles installation, operation, and maintenance, while clients access clean energy through subscription-style contracts. Combining EaaS with tokenization aims to accelerate renewable energy adoption and optimize liquidity within the sector.
Turbo Energy Powers a Market Already Worth Around $75 Billion
According to Grand View Research, the EaaS market was valued at $74.43 billion in 2024 and is expected to surpass $145 billion by 2030, driven by sustained growth in demand for flexible and sustainable energy solutions. Tokenization significantly enhances accessibility, enabling institutional and retail investors to participate in projects that previously required large capital and complex management.
This pilot is part of a broader trend in the crypto ecosystem where clean energy is increasingly integrated with blockchain technology. Other initiatives include Enel’s tokenization of solar panels on Algorand, Thopen’s exploration of Bitcoin mining using renewable energy in Brazil, and Union Jack Oil’s plans in the UK to generate electricity from natural gas extracted from undeveloped wells.
