A peer-to-peer system, neighbors can sell extra electricity to each other
SOLshare has created a revolutionary new approach to bring affordable solar electricity to everyone in Bangladesh and beyond through its peer-to-peer solar energy trading platforms based on distributed ledger technology. We believe the smart peer to peer grids we are building in Bangladesh can be the future for utilities globally.
The new technology installs power meters and solar charge controllers in the homes of people who want to sell or buy power, along with cabling to connect them, and uses software to create a bottom-up version of a smart grid. When extra electricity is available, the software redirects it where it’s needed, and tracks usage so that neighbors can pay each other through a commonly-used mobile payment