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Turbo Energy Chooses Taurus and Stellar to Launch Tokenized Clean Energy Financing Pilot Project in Spain
Summary: According to The Block, NASDAQ-listed Turbo Energy S.A. (TURB) has partnered with blockchain firm Taurus S.A. and the Stellar Development Foundation to launch a tokenized financing initiative for mixed renewable energy facilities, starting with a pilot project in Spain. The pilot project will tokenize debt financing agreements for on-site integrated battery purchases and deploy Turbo ...
According to The Block, NASDAQ-listed Turbo Energy S.A. (TURB) has partnered with blockchain firm Taurus S.A. and the Stellar Development Foundation to launch a tokenized financing initiative for mixed renewable energy facilities, starting with a pilot project in Spain. The pilot project will tokenize debt financing agreements for on-site integrated battery purchases and deploy Turbo Energy's proprietary SUNBOX solar energy storage system. Additionally, Taurus's institutional platform Taurus-CAPITAL will issue and manage these tokenized assets on the Stellar blockchain. The announcement states that this approach demonstrates a decentralized, scalable model, with plans to expand internationally through Turbo Energy Solutions and its new subsidiary focusing on 'energy-as-a-service' models, providing convenient project financing for corporate clients.
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Link: Turbo Energy Chooses Taurus and Stellar to Launch Tokenized Clean Energy Financing Pilot Project in Spain [Copy]
