Turbo Energy, Taurus SA, and the Stellar Development Foundation unveiled an initiative to tokenize hybrid renewable energy projects to attract investment.
Turbo Energy SA, a provider of advanced solar energy storage technologies and solutions, in partnership with Taurus SA, a digital asset infrastructure provider, and the Stellar Development Foundation, a non-profit organization supporting the development of the Stellar blockchain, announced a joint initiative to finance renewable energy through tokenization.
The initiative envisions creating a platform for funding and issuing digital tokens that allow investors to participate in hybrid renewable energy projects, those combining renewable generation with energy storage systems. The project’s main goal is to attract capital to the growing Energy-as-a-Service (EaaS) market.
According to the press release, the global EaaS market was valued at $74.43 billion in 2024 and could reach $145.18 billion by 2030, growing at an average annual rate of 12%.
The participating companies will be responsible for different aspects of the initiative:
- Turbo Energy — development and operation of assets;
- Taurus SA — infrastructure for issuance and management of tokenized assets;
- The Stellar Development Foundation — blockchain platform for token accounting.
This model enables clients to access energy or related services without significant upfront capital investment, while allowing investors to earn returns from energy projects through digital tokens. Tokenization also broadens the investor base and lowers entry barriers.
The first token issuance will be backed by specific hybrid renewable energy infrastructure projects, though their location and capacity weren’t disclosed. Key priorities include ensuring regulatory compliance, digital asset management, and investor accessibility.
Previously, Taurus partnered with Chainlink Labs on an initiative aimed at strengthening the tokenized asset market and addressing key industry challenges. The company also actively supports the integration of digital assets into traditional financial (TradFi) infrastructure across Europe and Latin America.
Over 15 million renewable energy devices were tokenized in China to attract financing.
