The understated disruption of SOLshare in Bangladesh

Sebastian Groh has built the world’s first peer-to-peer solar energy-sharing company, with the potential to upend how we view electricity consumption and distribution.

20 May, 202033 min
0
The understated disruption of SOLshare in Bangladesh

Why read this story?

Editor's note: The first thing you notice about the box is how small it really is. If you are of average build, the white box fits snug in your hands, say the length of both your palms put next to each other. It isn’t much to look at, though, which is a shame. Not when you’ve flown and driven thousands of kilometres in anticipation to see it in flesh and blood, in a modest brick house, 500 km northeast of Dhaka. There it sits, next to nothing on the wall, attracting no attention to itself. Except when it is in use, and a tiny, green light flashes to tell its owner that the box is doing its job. An ingenious task which, in the world of accomplished boxes which hold equally complicated feats of human engineering, no other box can claim to do. The SOLshare box lets you buy or sell electricity. From within the four walls of your home by the press of a button. Press: Buy. Press: Sell. It is the world’s first peer-to-peer energy-sharing system, designed for off-grid solar …

You may also like

Internet
Story image

FabHotels pivoted to corporate travel for survival. Can it grow?

The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.

Business
Story image

Infra.Market is a hamster wheel looking at a make-or-break IPO

The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.

Internet
Story image

The intercity bus bet by Indian startups is having its moment

Gone are the days of ramshackle buses and spotty schedules. Startups now offer a viable alternative to rail and air travel. But the real test lies ahead as they are only getting started.