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.
Bangladesh-based SOLshare wins $1.46m in sustainable energy competition Tribune Desk
SOLshare currently has 34 grids across Bangladesh and India, helping to lift nearly 5,000 people out of energy poverty.
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.
Solar-sharing start-up aims to cut power waste
A start-up that helps rural Bangladeshi owners of home solar power systems trade their surplus electricity with their neighbours won an international award for climate change innovation Thursday.
Bangladesh energy start-up SOLshare wins Ashden Awards for climate change innovation
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.
Bangladeshi solar-sharing start-up aims to cut power waste
DHAKA (Thomson Reuters Foundation) – A start-up that helps rural Bangladeshi owners of home solar power systems trade their surplus electricity with their neighbours won an international award for climate change innovation Thursday.
SOLshare, set up in 2014, 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.
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SOLShare / Giving villagers in Bangladesh the power to trade electricity
There are nearly 6 million solar home systems in Bangladesh, but up to a third of the electricity they generate, worth $1 billion, goes to waste as people’s usage patterns vary day to day and season to season.
Why No Innovation Is a Small Innovation
Innovation is the new slap: You want to throw it on faces. Names become brands overnight, and ordinary people walk red carpets in no time if one simple idea makes the sharp, coveted cut. But what exactly makes an innovation an innovation?
How SAMs Are Practically Running the Show
For those of you who don’t know, SAMs, a.k.a SOLshare Area Managers are the ones who run the show in the remotest off-grid location.