SOLshare
- Company typePrivate
- Founded2014
- HeadquartersDhaka, Bangladesh
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
SOLshare firmographics
Firmographics- Name
- SOLshare
- Legal name
- ME SOLshare Ltd
- Website
- https://solshare.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
SOLshare industry classification
Industry- Product category
- Distributed Energy Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
- akta.pro secondary industries
- Power Electronics & Grid-Forming Controls (Inverters, STATCOM/SVC, HVDC, FACTS) (EUAMAIAD), Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI), Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB)
Keywords
Where SOLshare is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices4 records
Markets served
SOLshare business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- PAYG Battery Leasing: Pay-as-you-go lithium-ion battery leasing model for electric three-wheeler drivers, enabling garage owners to offer smart battery services with remote monitoring and transaction tracking.
- C&I Solar Rooftop Installation: Commercial and industrial solar rooftop installation services offered under CAPEX and OPEX models, including preliminary assessment, system design, engineering procurement, and construction services.
- Solar Rooftop OPEX Model: Operating expense model where SOLshare handles installation and maintenance while customers pay for energy generated, reducing upfront capital requirements.
- Peer-to-Peer Energy Trading: Platform fees from enabling households to sell excess solar power to neighbors using mobile credits, monetizing trading of excess electricity for base-of-pyramid communities.
- Carbon Credit Revenue: Revenue from emissions reductions through clean energy generation and electric three-wheeler adoption, currently reducing 200mtCO2e annually.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | CAPEX Model - Customer-owned solar rooftop system |
| Hybrid | Monthly | OPEX Model - SOLshare-owned solar rooftop system |
| Subscription | Pay-as-you-go | PAYG Lithium-ion Battery Leasing |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels9 records
SOLshare product offering
Product offeringCore offering
SOLshare operates an IoT-enabled peer-to-peer energy exchange platform (SOLbazaar) that enables households with solar home systems to trade excess electricity with neighbors using mobile credits. The company also delivers commercial and industrial solar rooftop installations under CAPEX and OPEX models, and offers PAYG lithium-ion battery leasing for electric three-wheeler drivers, all integrated through the SOLbox bi-directional DC meter and SOLapp/SOLweb software stack.
Product overview
SOLshare is a climate-tech company operating through its globally recognized SOLbazaar service platform, which has developed into an energy marketplace addressing sustainable energy access deficits. The company operates a platform-plus-modules architecture with four main business lines: SOLgrid (peer-to-peer microgrid connections), SOLmobility (smart electric three-wheeler technology), SOLroof (commercial and industrial solar rooftop services), and PCC technology (grid interconnection). These products are supported by core enabling technologies including SOLbox (bi-directional DC electricity meter), SOLapp (customer portfolio management), SOLweb (central analytics), and SOLbat (battery advancement technology). The ecosystem creates synergies between stationary solar energy, e-mobility, and grid integration.
Differentiator
Problem solved
Functional benefit
Brands
- SOLbazaar: The company's globally recognized service platform and energy marketplace for sustainable energy services
- SOLgrid
- SOLmobility
- SOLroof
- SOLbox
- SOLbat
- Greener Garments Initiative (GGI)
Products and services
- SOLgrid A peer-to-peer microgrid energy exchange network enabling rural households with rooftop solar home systems to sell excess power to neighboring households or businesses using mobile credits, creating the world's first ICT-enabled P2P electricity trading network for rural communities.
- SOLmobility
Quantifiable outcome
- 200 mtCO2e emissions reduced annually
- +5 more outcomes
Companies that use SOLshare
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles5 records
SOLshare technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature6 records
SOLshare partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered major, core and minor.
- GIZ (GmbH)majorGIZ Project Development Programme (PDP) supported 250kWp rooftop solar plant with Knit Concern Limited in Narayanganj, Bangladesh.
- Shakti FoundationcoreCollaboration with Shakti Foundation (funded through FCDO) to develop Point of Common Coupling (PCC) technology, interconnecting peer-to-peer microgrids with the national grid.
- BAT BangladeshcorePartnership with BAT Bangladesh enabled installation of the first Solar PV Powered Electric three-wheeler rickshaw charging station in Bangladesh.
- btomorrow VenturescorePartnered with btomorrow Ventures alongside BAT Bangladesh and Rajshahi City Corporation to install first Solar PV Powered E3W charging station.
- Rajshahi City CorporationcoreCity government partnership enabling installation of first Solar PV Powered E3W charging station in Rajshahi, Bangladesh.
- MicroEnergy InternationalminorFounding organization where Dr. Sebastian Groh and Hannes Kiriam previously worked. Berlin-based consultancy specializing in microfinance and decentralized energy.
- BestsellermajorFashion brand co-investing in rooftop solar through Greener Garments Initiative to support textile suppliers in Bangladesh.
- Greener Garments InitiativecoreMulti-stakeholder initiative helping factories across Bangladesh become more eco-friendly, leveraging net metering rules for sustainable operations.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
SOLshare competitors and assessment
Company assessmentDirect peers
- M-KOPA: Leading PAYG solar provider in East Africa offering solar home systems with mobile money financing. Comparable PAYG distribution model and BoP customer focus, though focused primarily on East Africa rather than South Asia and without SOLshare's P2P trading innovation.
- Husk Power Systems: Decentralized solar and biomass mini-grid operator serving rural communities in South Asia and sub-Saharan Africa. Closely comparable in distributed energy, microgrid architecture, and rural BoP focus, though historically more biomass-based and Africa-heavy.
- Sun King (Greenlight Planet): Global leader in PAYG solar home systems serving off-grid households across Africa and Asia. Closely comparable in PAYG distribution to BoP customers, with overlapping South Asian operations, though product-centric rather than P2P marketplace-centric.
- PowerGen Renewable Energy: Pan-African distributed energy company providing solar mini-grids and commercial/industrial solar. Comparable microgrid and C&I solar business lines overlapping with SOLgrid and SOLroof, though operating exclusively in Africa.
- BBOXX: UK-based PAYG solar provider distributing solar home systems across Africa. Comparable in PAYG financing model and emerging market energy access focus, with a similar IoT-enabled distributed asset model though without P2P trading capabilities.
- OMC Power: India-based distributed energy company operating mini-grids in rural villages. Directly comparable in rural South Asia distributed generation and microgrid business model, serving similar off-grid and under-electrified communities.
- Okra Solar: Australia/Nigeria-based mesh-grid solar company enabling peer-to-peer energy sharing between households. Directly comparable P2P energy sharing innovation targeting off-grid communities, though focused on Africa rather than South Asia.
- d.light: Pay-as-you-go solar home system provider serving off-grid and under-electrified households across Africa and South Asia. Directly comparable to SOLshare in serving base-of-pyramid customers with distributed solar and PAYG financing, though focused more on lighting/product financing than P2P trading.
- Fenix International (Engie): PAYGO solar home system provider in Uganda and other African markets, now part of Engie. Comparable in PAYG distribution and IoT-enabled asset management for BoP customers.
Broad incumbents
- Engie Energy Access: Off-grid energy subsidiary of global utility Engie, providing PAYG solar and mini-grids across Africa. Larger incumbent with comparable distributed energy offerings, though embedded in a broader utility portfolio rather than focused on a single emerging market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
SOLshare social profiles
Digital presenceSOLshare compliance and trust
Trust signalCompliance5 records
SOLshare financial estimates
Financial estimateRevenue estimate
Valuation estimate
SOLshare leadership team
Management profileNumber of profiles
Profiles7 records
SOLshare subsidiaries and ownership
Company hierarchySubsidiaries2 records
SOLshare funding detail
Funding detailFunding overview
Funding rounds6 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SOLshare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SOLshare
What does SOLshare do?
SOLshare operates an IoT-enabled peer-to-peer energy exchange platform (SOLbazaar) that enables households with solar home systems to trade excess electricity with neighbors using mobile credits. The company also delivers commercial and industrial solar rooftop installations under CAPEX and OPEX models, and offers PAYG lithium-ion battery leasing for electric three-wheeler drivers, all integrated through the SOLbox bi-directional DC meter and SOLapp/SOLweb software stack.
Is SOLshare a public or private company?
SOLshare is a private company. It is classified as venture growth investor backed and is currently operating.
When was SOLshare founded?
SOLshare was founded in 2014. It employs 51 to 100 people.
Where is SOLshare based?
SOLshare is headquartered in Dhaka, Bangladesh, in the Asia region.
How does SOLshare make money?
Five revenue lines are on record. PAYG Battery Leasing is the primary driver. The others are C&I Solar Rooftop Installation, solar Rooftop OPEX Model, peer-to-Peer Energy Trading and carbon Credit Revenue.
Who are SOLshare's main competitors?
Direct peers on record are M-KOPA, Husk Power Systems, Sun King (Greenlight Planet), PowerGen Renewable Energy, BBOXX, OMC Power, Okra Solar, d.light and Fenix International (Engie). Engie Energy Access is listed as a broad incumbent.
Does SOLshare have an API?
No public API is recorded for SOLshare.
What industry is SOLshare in?
SOLshare's product category is Distributed Energy Services. Its primary akta.pro industry code is EUAMAJAD, Distributed Generation (DG) Solar & Small Wind, with a secondary code of EUAMAIAD, Power Electronics & Grid-Forming Controls (Inverters, STATCOM/SVC, HVDC, FACTS). Its NAICS code is 221114 and its SIC code is 4911.