The platform democratises access to renewable energy, allowing entities to directly support local solar initiatives.
Its peer-to-peer trading model also allows clients to select their preferred seller or prosumer. As a buyer or consumers, they can set their maximum price and let SolarShare match them for the best deals every half hour. Consumers are charged a platform subscription fee of as low as $5.40 monthly for using SolarShare to trade. It also allows them to change their bid price dynamically, with changes taking effect before the start of the half-hour interval.
Since being launched commercially in October 2023, SolarShare has already exceeded its sign-up target by 110%.
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