In Short : The International Finance Corporation (IFC) has invested $5 million in Husk Power Systems Nigeria to install 108 solar-hybrid mini grids across northern Nigeria. Supported by Canada’s Renewable Energy Program for Africa, the project will provide clean energy to 115,000 people through 28,750 new connections, reducing electricity costs by 25% and significantly cutting […]
Husk Power launches BEEM to power 10M Indian homes – EQ
In Short : Husk Power Systems has launched BEEM, a residential rooftop solar service aimed at powering 10 million Indian homes by 2027. Aligned with the PM Surya Ghar Yojana, BEEM offers AI-powered energy assessment, low-cost financing, and support for government subsidies. Initially targeting Uttar Pradesh, Uttarakhand, Madhya Pradesh, and Maharashtra, it aims to make […]
Husk Power is World’s Largest Owner and Operator of Private Sector Minigrids – EQ
In Short : Husk Power Systems has emerged as the world’s largest owner and operator of private sector minigrids. The company focuses on providing affordable, reliable, and renewable energy to underserved communities, primarily in rural areas. With its innovative minigrid solutions, Husk Power is playing a pivotal role in enhancing energy access and supporting sustainable […]
ElectriFI Doubles Down on Husk Power Systems with $4 Million Investment, Accelerating Clean Energy Access in Rural India – EQ
In Short – ElectriFI’s $4 million investment in Husk Power Systems amplifies clean energy access in rural India. This partnership promises to accelerate the deployment of sustainable energy solutions, benefiting communities and fostering rural development. It’s a significant step towards improving livelihoods and environmental sustainability in underserved regions. In Details – FORT COLLINS, United […]
Husk Power Plans to Raise $500 Million Over 5 Years for the Development of Mini-Grids in Sub-Saharan Africa – EQ
Husk Power Systems has made a significant commitment to accelerate climate-resilient economic growth in rural Sub-Saharan Africa through its “Africa Sunshot” initiative. The goal is to have 2,500 net-zero mini-grids operating in off-grid and weak-grid communities in the region within 5 years, with Husk aiming to mobilize $500 million in equity and debt for this […]