Bangladesh-based SOLshare closes $1.1m financing round

Bangladesh-based SOLshare has closed a $1.1 million financing round and the off-grid solar energy marketplace firm will use the fund to bring smart solar micro-grids to off-grid, underserved communities in the country.

Dubbed as the AirBnB of the energy off-grid space, SOLshare was founded in 2014 in Dhaka, the company said in a statement yesterday.

To date, the company has set up 30 peer-to-peer solar electricity trading grids in Bangladesh and India. SOLshare helps people to turn their excess solar electricity into money with zero hassle.

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