OLshare, a renewable energy-based peer-to-peer trading platform in Bangladesh, has won Ashden Awards for creating a new approach to bring affordable solar electricity to everyone.
Ashden announced a total of 11 winners from the UK and developing countries in a video celebration featuring films of the organisations on Thursday.
SOLshare, set up in 2014, helps rural Bangladeshi owners of home solar power systems trade their surplus electricity with their neighbours.
Ashden chose it in Energy Access category from over 200 applicants for their work creating resilience, green growth, and fairer societies.
The start-up aims to stem the waste of more than a billion dollars in energy each year when home battery storage systems connected to solar panels reach capacity and excess solar power generated goes unused, its officials said.