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Source: Pixabay

This Startup Helps People In Remote Areas Give Excess Solar Energy To Neighbors

By Koty Neelis

In Bangladesh, switching to clean energy is unattainable for the large portion of the 65 million people who don't have access to the grid and must rely on costly alternatives like diesel generators and kerosene lamps. 

Of the 17 million homes in Bangladesh that are cut off from the electric power system, 3 million rely on energy from domestic solar panels called Solar Home System (SHS). 

One startup, Solshare, is changing that by making renewable energy more accessible for low-income people in remote areas by creating the world’s first ICT-enabled peer-to-peer electricity trading network for rural households with and without solar home systems in Shariatpur, Bangladesh.