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Hi, everyone,

Nobody seems to want to readily admit this but let’s get
controversial, shall we? Rural electrification needs subsidy. But is that really a problem?

 

While economies fear a recession, we can’t help but wonder standing at the brink of a worldwide economic collapse whether the crevasse we’re about to fall into is steeper than all of that hard-earned progress of ours since all these years? The UN University assessed that the economic fallout could push an estimated half a billion people into poverty and take the global development progress in emerging countries back by three decades.

Taught as kids, we know necessity is the mother of all inventions, and it’s unequivocally proven every time with economies facing crises. The 2008 global recession had helped advance tech companies like
Airbnb, and maybe COVID-19 would help us- the “Airbnb of the energy sector” - come out even stronger? Who knows? Do we? No, but what we know is off-grid solutions have been here for a while now, and while there is an increasing number of people buying into it every day, there is still reluctance when it comes to impact-investing in the off-grid sector. Ironically, it may be due to the kind of radical transformation the private-sector-led off-grid electrification has presented itself with- cheaper solar, storage and appliances, combined with increased connectivity and mobile money- who wouldn’t think this transformation alone isn’t enough to eliminate the need for subsidies to achieve rural electrification?

 

In reality, you know why they say good things don’t last? Because they don’t get subsidy.

We fear with a pause in rural electrification, it may also subsequently risk challenging the state of other vulnerable communities. This is why with the onset of a pandemic, we must hang in. It is now, more than ever, that we must come together and support each other so that we may fall and survive, but not collapse. At SOLshare our role is now increasing and we are putting in every effort to complement the government to provide the most sustainable energy (access) services possible


This makes us wonder: Should have helping out during the coronavirus crisis been a response or an in-built reflex by now? We leave that for you to find out, while we make sure we're doing our part.


Best,
Karishma
Fatiha
(You can call me Kash)

WHAT'S NEW?

To know more about TTP, who have been working with Dyson on new ventilators to fight COVID-19, click here

 Meet Dr. Bimal Das, who's been one of the biggest supporters of our work and service since day 1. Few days back, he cashed out BDT 2000 from the energy he had previously sold via our SOLgrid to his connected peers. 

Our SAMs (SOLshare Area Managers) making sure social-distancing is maintained in the remotest corners of Bangladesh.

INTRODUCING:

THE NEXT GENERATION SOLBOX

 

SOLbox NG  is under process, and it is bigger and better.
Set to release in 2020, it will have
several improvements in terms of functions, usability and longevity.
 

SOLbox NG will have a significant improvement in the use of higher power appliances, allowing customers to buy an array of appliances with different specifications to use.
The newer box will have a game-changing dynamic pricing system which will provide with flexible schedulings to offer users with various bonuses and discounts to incentivize electricity buying and selling in bulk.

 

SOLbox NG will be a lot more reliable and robust as it has a greater durability, and lesser power distribution loss which essentially means more power distribution. The newer version will have a jump in voltage which means it can travel at a further distance between households, and run more productive appliances. Consumers and prosumers will be able to buy from the grid and sell excess energy back into the grid into a more seamless way.
 

The machine will also be artificially intelligent, which means it will not require user interaction required from the owners. It will also be integrated with Amazon Web Services (AWS). This will mean that SOLshare will not be bound by the limitation of network. This cloud integration will allow us to solve any bug fixes and update the software over the cloud.

Stay tuned to know more.

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ME SOLshare Lrd. · LM Tower (2nd Floor), Ka/87, Joar Shahara Bazar Road Vatara · Dhaka, Dhaka 1229 · USA

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