Turbo Energy S.A. has announced the launch of an initiative to tokenize financing for hybrid on-site solar and storage projects, in partnership with Taurus S.A. and the Stellar Development Foundation. This project marks a first real-world application of blockchain technology in the financial model of battery-integrated power purchase agreements (PPAs), primarily targeting commercial and industrial customers.
A fast-growing market
Turbo Energy’s move comes amid strong growth in the global Energy-as-a-Service (EaaS) market, valued at $74.43bn in 2024 and projected to reach $145.18bn by 2030, with an average annual growth rate of 12.3%. The company aims to capitalise on this trend by deploying a decentralised token-based financing model for its proprietary SUNBOX solar storage systems.
The pilot project was deployed at a supermarket in Spain. It is supported by Turbo Energy Solutions, a subsidiary dedicated to EaaS, offering turnkey solar and storage power supply agreements backed by digital infrastructure that ensures transparency and traceability.
Digital infrastructure and tokenised asset management
Taurus, a specialist in digital asset infrastructure, contributes its Taurus-CAPITAL platform to the initiative. This solution enables the issuance and management of institutional-grade tokenised assets on the Stellar blockchain, with industry-recognised standards for security and compliance.
The Stellar Development Foundation supports the project through its blockchain network, optimised for real-world asset tokenisation and cross-border payments. The system enables fractional structuring of financing, lowering the entry barrier for investors while diversifying Turbo Energy’s revenue streams.
International applications and controlled testing
Turbo Energy’s tokenised model is designed for replicability across markets, with a phased rollout depending on the pilot’s outcomes. The company has already supported several pilot projects in Chile, including a partnership with Saesa to integrate battery storage systems in the agri-food sector, and an installation at a shopping centre in Alto Labranza.
According to Mariano Soria, Chief Executive Officer of Turbo Energy, the strategy aims to generate new revenue streams while facilitating access to energy investment. The tokenised framework developed with Taurus and Stellar allows for secure operational automation and transparent monitoring, aligned with institutional investor requirements.
