The problem
By May 2017, 4.12 million solar home systems had been installed in o -grid areas of Bangladesh. Although these systems have been very successful in Bangladesh, an estimated 600,000 kWh energy produced through SHS is wasted every day due to lack of energy storage infrastructure.
The company
ME SOLshare has developed a peer-to-peer solar electricity trading platform (SOLgrid) that leverages existing SHS in an off-grid context. SOLgrid is enabled by a smart meter (SOLBox) and a software backend, including a data collection and analysis platform that is integrated with mobile money providers, such as bKash, DBBL and IFIC, and a mobile app to support field agents.
Project description
In September 2015, the GSMA Digital Utilities Innovation Fund awarded a grant to ME SOLshare to trial its innovative bottom-up approach to building DC nanogrids by connecting distributed solar home systems in Bangladesh.
Scaling Journey
Donor(s)
