Bangladesh-based renewable energy start-up SOLshare closes $1.46m financing round

Bangladesh-based renewable energy start-up SOLshare has been awarded a $120,000 cash prize along with a $364,000 fund for investment by EIT InnoEnergy, the world’s largest sustainable energy engine, to support expansion of SOLshare’s pioneering peer-to-peer solar trading platform.

The latest investment takes SOLshare’s most recent fundraising efforts to the $1.46 million mark, against a target of $2.75 million, according to a release issued today.

The $120,000 cash prize was awarded to SOLshare as part of EIT InnoEnergy’s annual sustainable energy competition, a global call for start-ups that seeks to reward and develop the most innovative ideas in sustainable energy from around the globe.

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