Innogy Ventures

Innogy New Ventures LLC is a principal investment firm based in the United States that focuses on supporting the sustainable transformation of the energy system. The company partners with innovative businesses that develop data-driven models to enhance energy efficiency and sustainability. By investing in cutting-edge technologies and creative solutions, Innogy New Ventures aims to drive progress in the energy sector and facilitate the transition to a more sustainable future.

Past deals in Bangladesh

SOLshare

Venture Round in 2020
SOLshare Ltd. is a company based in Dhaka, Bangladesh, that develops a peer-to-peer solar electricity trading platform aimed at providing sustainable and affordable energy access to low-income rural communities. Founded in 2013, SOLshare utilizes decentralized microgrids that allow households and businesses to trade excess solar power for profit. The company offers innovative products such as the SOLbox, a bi-directional electricity meter that facilitates peer-to-peer trading and integrates mobile money payments, and SOLcontrol, a charge controller for solar home systems. By interconnecting solar home systems in a network, SOLshare empowers communities to monetize their excess solar energy in real-time, promoting a micro-energy transition model that could serve as a model for utilities worldwide. The company has established strategic alliances with various organizations, enhancing its mission to deliver affordable solar electricity across Bangladesh and beyond.

SOLshare

Series A in 2018
SOLshare Ltd. is a company based in Dhaka, Bangladesh, that develops a peer-to-peer solar electricity trading platform aimed at providing sustainable and affordable energy access to low-income rural communities. Founded in 2013, SOLshare utilizes decentralized microgrids that allow households and businesses to trade excess solar power for profit. The company offers innovative products such as the SOLbox, a bi-directional electricity meter that facilitates peer-to-peer trading and integrates mobile money payments, and SOLcontrol, a charge controller for solar home systems. By interconnecting solar home systems in a network, SOLshare empowers communities to monetize their excess solar energy in real-time, promoting a micro-energy transition model that could serve as a model for utilities worldwide. The company has established strategic alliances with various organizations, enhancing its mission to deliver affordable solar electricity across Bangladesh and beyond.
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