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.
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.
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.
CAMBRIDGE, England & DHAKA, Bangladesh–(BUSINESS WIRE)–TTP plc (TTP), a leading independent technology and product development company, has today announced it has entered into a partnership with ME SOLshare Ltd (‘SOLshare’),