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Stock impact report

Innovative company launches revolutionary initiative using blockchain tech: 'Benefits real economies and real communities' [Yahoo! Finance]

Turbo Energy, S.A. - American Depositary Shares (TURB) 
Company Research Source: Yahoo! Finance
Turbo Energy has launched a pilot program, as reported by Cointelegraph , to tokenize financing for solar-plus-storage systems. Starting with an on-site installation at a supermarket, the project will use the Stellar Development Foundation's blockchain to raise capital. The goal is to make sustainable energy more accessible and easier to build. Along with Stellar, Turbo Energy is developing the pilot with digital-asset firm Taurus. Here's how it will work: Instead of relying on traditional lending or large institutional investors, blockchain tokens let many participants fund a project by purchasing fractional shares of the debt. Each token represents a contribution toward the installation — in this case, Turbo Energy's Sunbox solar-plus-battery system — which generates cleaner power under a long-term power purchase agreement. If the model works, it could streamline financing for commercial and industrial solar projects. That matters because upfront cost is one of the biggest hold Show less Read more
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