Building the Future of Energy Utilities Globally

A project by ME SOLshare Ltd. & Grameen Shakti

SOLshare and Grameen Shakti have created a revolutionary new approach to bring affordable solar electricity to everyone in Bangladesh and beyond.
At SOLshare we came up with a way for people turn their excess solar electricity into money with zero hassle. On top of that they can purchase more power on the go whenever they want, on the flipside they get to invest in more power generation and trade it off for a handsome return with minimal risk. This led us to install the world's first cyber-physical peer-to-peer (P2P) solar sharing grids, and this of all places in remote areas of Bangladesh. The innovation driver here was the acute energy poverty problem at the base of the pyramid.
In partnership with Grameen Shakti, an organization that to date single handedly has installed close to 2 million individual Solar Home Systems, SOLshare now has 17 microgrids in operation. Leveraging a base of over 4.5 million solar home systems in Bangladesh, SOLshare, representing the AirBnB of the energy access world, has been developing the principle on how solar energy can be traded with the help of IoT devices. Rural villagers are turned into prosumers sharing their (excess) power. This modular infrastructural approach allows grids to grow dynamically while ownership of, and the assets themselves are distributed. We believe that the solar smart peer to peer (P2P) grids we are building in Bangladesh will be the future for utilities globally. For this, the World Economic Forum announced us as a part of their 2018 cohort of the most innovative start-ups in the world.
https://www.youtube.com/watch?v=0kz0qI8QE6A

About the Organization /Team

The main activities of SOLshare are the design, management of manufacturing and sale of an innovative charge controller for Solar Homes Systems (SHS) which manages interconnection between multiple users to a decentralized, low voltage DC micro-grid and facilitates electricity trade. To enable electricity trade between SHS users, SOLshare also offers back-end data management as part of the company’s core activities.
The SOLshare solution is an enabler for innovative, decentralized and dynamic electricity micro-grids which provides solar power to households and businesses. We have an extremely dedicated staff who are constantly working to further improve user experience and minimize technical issues.
MAP
Project CategoryIncluder
Realated SDGs
7 Affordable & Clean Energy 9 Industry, Innovation & Infrastructure 11 Sustainable Cities & Communities