Developing Next Generation Solar Energy Trading Platforms

TTP, an independent technology and product development company, has announced that it has entered into a partnership with SOLshare, a social enterprise that has created a new approach to distributing and trading affordable solar electricity across peer-to-peer micro-grids. By making improvements to the SOLbox trading platform, the collaboration aims to increase the supply of sustainable electrical power to communities in developing countries. SOLshare manages smart peer-to-peer micro-grid systems in rural communities across Bangladesh, which enable the real-time trading of electricity generated through solar power—this allows users to earn a direct income selling excess electricity to their neighbors. By designing a higher-efficiency, isolated and bidirectional DC-to-DC power converter, TTP and SOLshare aim to deliver a ten-fold increase in the amount of electricity that can be shared across these grids, from the current limit of 100W, to 1kW per unit. This will mean more households can use or sell electricity and run more appliances at a higher power.