SOLshare
Company

Last deal

$2.2M

Amount

Grant

Stage

02.06.2024

Date

8

all rounds

$6.4M

Total amount

General

About Company
SOLshare provides affordable solar electricity to low-income rural people through its decentralised peer-to-peer microgrids.

Industry

Sector :

Subsector :

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company's peer-to-peer platform uses distributed ledger technology to enable households and businesses to trade their excess solar energy for profit. SOLshare's micro-energy transition model 3.0 interconnects solar home systems in peer-to-peer networks, monetizing excess solar energy along the value chain in real-time with mobile money, and empowering communities to earn a direct income from the sun. Additionally, SOLshare has developed an energy marketplace called SOLbazaar, which equips vulnerable communities with energy services, micro-mobility services, financially inclusive PAYG technology, IoT devices, and Commercial & Industrial solar rooftop installations.
Contacts