Turbo Energy Explores Blockchain for Renewable Energy Financing

According to Cointelegraph, Turbo Energy is embarking on a pilot project to tokenize financing for hybrid renewable energy systems, beginning with a solar and battery installation at a supermarket in Spain. This initiative seeks to illustrate how blockchain-based debt instruments can facilitate funding for distributed energy projects. The collaboration involves digital asset infrastructure firm Taurus and the Stellar Development Foundation, aiming to test the efficacy of tokenized financing in enhancing liquidity and capital access for renewable energy funding. The Energy-as-a-Service (EaaS) model, which allows customers to pay for energy use or performance without owning equipment, is central to this project source: https://www.binance.com/en/square/post/32246289031281?utm_source=BinanceNewsRSS