In Dhaka, the capital city of Bangladesh, the streets are filled with noise from honking horns, ringing bells, and roaring cars.

A Bangladeshi company called SOLshare has seen a chance in all of this chaos. They want to use the 2.5 million electric tuk-tuks, which are open cars with three wheels, as a “virtual power plant.”

Important Details

• The electric tuk-tuks vehicles have leftover electricity in their batteries when they return to the garage at night.
• SOLshare has been working with local garages to upgrade their batteries to smart, lithium-ion batteries.
• These batteries are equipped with digital chips that collect data on the battery’s performance.
• Also, the power left over in these batteries can supply up to 20% of the country’s energy needs when demand is high.
• SOLshare also has peer-to-peer solar-powered microgrids.
• These microgrids allow people without solar panels to buy extra energy from other people in the community.
• Importantly, these innovations come at a pivotal time for Bangladesh’s energy sector.
• As a nation, Bangladesh is highly susceptible to floods, droughts, and storms due to climate change.
• SOLshare aspires to become “Asia’s largest virtual utility provider” through its different projects.
• The company also thinks that its model could “play a positive role” in countries like Thailand and India that have a lot of electric three-wheel vehicles.

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