Finance
What to know: 🧐
- Turbo Energy, in a fit of genius (or madness?), ropes in Stellar and Taurus to tokenize debt for solar projects, starting with a Spanish siesta-worthy pilot. 🇪🇸☀️
- Blockchain meets renewables-because why not sprinkle some crypto magic on clean energy? 🌱✨
Ah, Turbo Energy, the solar storage darling, has decided the blockchain is its new muse. On Tuesday, the Nasdaq-listed firm announced it’s tokenizing clean energy projects using the Stellar (XLM) network. Because, you know, why finance the old-fashioned way when you can do it with digital tokens? 🤷♂️
In cahoots with Taurus (the Swiss digital asset whisperers) and the Stellar Development Foundation, Turbo Energy is launching a pilot at a Spanish supermarket. Yes, a supermarket. Because nothing says “future of energy” like tokenized debt for a place that sells expired yogurt. 🛒🤦♀️
Proponents claim this blockchain fandango will “lower friction” in energy investments. Because apparently, intermediaries are so last season. Out with the middlemen, in with the smart contracts! 📜➡️🤖
“This is blockchain’s moment to shine-literally,” said Mariano Soria, CEO of Turbo Energy, with a wink and a nod. “We’re marrying solar panels and tokens to create a pathway for revenue streams as bright as the Spanish sun. Ole!” 🌞💃
At the heart of this scheme? Tokenizing debt for Power Purchase Agreements (PPAs). Taurus’ platform will handle the tokenization, while Stellar will keep the ledger straight. Fractional shares, lower entry costs-it’s like a clean energy potluck, but with blockchain. 🍲⛓️
This model rides the Energy-as-a-Service (EaaS) wave, a market worth $74.4 billion in 2024. By 2030, it’s expected to double. Because who doesn’t love a good subscription model, even for sunshine? ☀️📈
Turbo Energy’s not stopping here. After pilots in Chile and Spain, they’re launching a subsidiary for on-site energy solutions. Because why conquer one continent when you can do two? 🌍🚀
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2025-11-11 19:47