Access to electricity is critical for a remote village, but flexibility and profitability of energy usage lead to sustainable development.
- SOLshare allows people to buy energy or monetize their excess solar power via smart peer-to-peer grids.
- Sebastian says he was inspired to create the 'AirBnB of the energy access world' after realising that Bangladesh had almost five million home solar systems while many households did not have affordable, clean energy.
- SOLshare currently has 21 operational microgrids in Bangladesh, and has started its first installations in Assam, India. As well as energy trading, there are indirect economic gains as women can keep working and children can study after sunset.
- SOLshare has partnered with organisations including Grameen Shakti, Telefonica; TATA, Energias de Portugal; and TEPCO.
- Sebastian is one of Ashoka's 'Leading Social Entrepreneurs' and a Stanford Business School Ignite Fellow; while SOLshare has received an accolade from the World Economic Forum, and the UN's $1m Powering the Future We Want Award.
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SOLshare works towards these UN Sustainable Development Goals:
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