Bangladesh-based SOLshare is the world’s first peer-to-peer energy exchange network.
Homes with a rooftop solar panel sell any excess electricity into a microgrid network where others can buy it. It helps the environment, but also gives poor communities a new and plentiful source of income: the sun.
SOLshare’s now 117 solar grids have already helped more than 10,000 people in remote communities. They also reduce emissions by 30% and make money for its prosumers in real-time. Energy trading has boosted some household incomes by 25%.
In the time since being named an Earthshot Finalist for their solution, the SOLshare team has achieved a nation first in Bangladesh, connecting a solar microgrid to the national grid which allows households to earn more income from their surplus solar energy.
They have also expanded to charge electric vehicles, opening their first 5 charging stations, and with the support of several Earthshot Prize Global Alliance Members they have expanded into rooftop solar with a pipeline north of 10MW.
By 2030, we choose to ensure that, for the first time in human history, the natural world is growing – not shrinking – on our planet.
This Earthshot focuses on three main areas of interest:
By 2030 we choose to ensure that everyone in the world breathes clean, healthy air – at World Health Organization standard or better.
This Earthshot focuses on three main areas of interest:
By 2030, we choose to repair and preserve our oceans for future generations.
This Earthshot focuses on three main areas of interest:
By 2030, we choose to build a world where nothing goes to waste, where the leftovers of one process become the raw materials of the next – just like they do in nature.
This Earthshot focuses on three main areas of interest:
We choose to fix the world’s climate by cutting out carbon: building a carbon neutral economy that lets every culture, community and country thrive.
This Earthshot focuses on three main areas of interest: