SOLshare has developed the world’s first peer-to-peer solar electricity trading platform that leverages existing solar home systems (SHS) in an off-grid context to create a bottom-up smart grid.
The SOLbox is our direct-current (DC) bi-directional power meter, solar charge controller and machine-to-machine (M2M) communications enabled end-user device that functions as an individual node of the electricity trading network.
The plug-and-play nature of the SOLbox allows the trading network to grow dynamically from the ‘bottom-up’ as more users connect over time. Our ICT back-end (SOLweb and SOLapp) facilitates secure peer-to-peer electricity trading between users; integrating mobile money payment, data analytics and grid management services.
As a SOLshare network grows, it can connect with the national grid, operating in island mode when the grid is unavailable, and drawing power from the grid when it is available; metered at a single, central location. This solution creates last-mile power distribution infrastructure and demonstrates the ability for our technology to integrate with the expanding rural electricity grid.