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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.
Posted In: TURB