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Turbo Energy Launches Project To Tokenize Financing For Hybrid Renewable Energy Installations In Partnership With Taurus And Stellar Development Foundation

Benzinga·11/11/2025 13:04:44
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Turbo Energy S.A. (NASDAQ:TURB) ("Turbo Energy" or the "Company"), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced the launch of a project to tokenize financing for hybrid renewable energy installations in partnership with blockchain technology leaders Taurus S.A. and the Stellar Development Foundation. This initiative represents a first step in exploring new, transparent ways to finance on-site clean energy deployments, beginning with a proof of concept at a supermarket in Spain.

The project comes as 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 12.3% CAGR, according to Grand View Research. By integrating tokenization into clean energy financing, Turbo Energy and its partners are positioning themselves to unlock significant opportunities in this rapidly expanding market.