PANews reported on November 12th that, according to The Block, Nasdaq-listed Turbo Energy SA (TURB), in conjunction with institutional blockchain company Taurus SA and the Stellar Development Foundation, has launched a tokenization initiative for financing hybrid renewable energy facilities, initially piloting it in Spain. According to a Tuesday announcement, the pilot will tokenize power purchase agreement debt financing for on-site integrated batteries and deploy Turbo Energy's proprietary SUNBOX solar energy storage system. Simultaneously, Taurus' institutional-grade platform, Taurus-CAPITAL, will issue and manage these tokenized assets on the Stellar blockchain. The announcement stated that this approach demonstrates a decentralized and scalable model and plans to expand to international markets through Turbo Energy Solutions and its new "energy-as-a-service" subsidiary, facilitating project financing for commercial clients.