IIX – a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises – announced their first Bangladesh investment from the IIX Growth Fund, into off-grid solar energy firm SOLshare.
Bangladesh off-grid solar energy firm SOLshare raises US$1.66M Series A to build the future of energy on a global scale!
The future of energy starts in Bangladesh. After having established the world’s first peer-to-peer solar energy grid in 2015 in a remote area of Bangladesh, the home to the world record of 5 million installed solar home systems throughout the country, SOLshare is now poised for more.
$45.4 Million to Spur Off-Grid Solar Driven Pumping for Irrigation in Bangladesh
Bangladesh is to receive a $20 million loan from an Asian Development Bank Power System Efficiency Improvement Project together with an additional $25.44 million in grant financing to spur off-grid solar photovoltaic pumping for agricultural irrigation.
SCG Joins Hands with EGAT to Develop Floating Solar Farm’s Mooring System for Power Generation
Chemicals Business, SCG, pushed forward its floating solar solution project, signing a Memorandum of Understanding agreement with Electricity Generating Authority of Thailand to work collaboratively in research and development of mooring system for floating solar farm in EGAT’s reservoirs and dams.