TAG: "Husk Power Systems"

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Husk Power Receives USD 500,000 Grant from Acumen to Expand into DRC

Husk Power and Acumen announced USD 500,000 funding in the form of a grant from Acumen’s Hardest-to-Reach (H2R) initiative to support the company’s entry into the Democratic Republic of Congo (DRC), growing access to decentralized renewable energy solutions in the world’s second largest population living without access to electricity.

Husk Power Systems | January 27, 2025 | By News Bureau | 225

Husk Doubles Community Solar Minigrids, Reaching 400 Areas

Husk announced 100 percent growth in its portfolio of community solar minigrids over the past 12 months. The company is now present in over 400 communities in rural Sub-Saharan Africa and South Asia, serving more than 1.5 million people and over 30,000 small businesses.

Husk Power Systems | January 07, 2025 | By News Bureau | 427

Husk Power Systems Launches 'Power Resilience and Intelligent System Management'

Husk Power Systems announced the launch of PRISM, an innovative containerized clean energy solution that accelerates by 100 percent the deployment rate of solar hybrid minigrids and C&I systems in rural and peri-urban Sub-Saharan Africa and South Asia.

Husk Power Systems | December 11, 2024 | By News Bureau | 602

Husk Power and AEDC Collaborate to Develop Nigeria's Clean Energy Future with Minigrids

Husk Power will inject solar energy into the AEDC service network to enhance service, boost revenue, and reduce carbon emissions, utilizing over 50 interconnected minigrids across 10 Nigerian states as part of a 250 MW partnership with the Rural Electrification Agency.

Husk Power Systems | October 05, 2024 | By Mrinmoy Dey | 842

Husk Power Systems Receives USD 4 Million Boost in Debt Financing from ElectriFI

ElectriFI’s continued support reflects Husk’s performance in achieving its initial impact targets, proves the feasibility of their business model, and shows experience of leadership to execute its operational targets.

Husk Power Systems | April 16, 2024 | By Abha Rustagi | 1126

Husk Power Secures INR 100 Million to Develop Mini-Grid Projects in Africa and Asia

The equity funding includes new investors STOA Infra & Energy, the US International Development Finance Corporation (DFC) and Proparco, as well as existing investors Shell Ventures, Swedfund and FMO.

Husk Power Systems | October 25, 2023 | By Anurima Mondal | 1742

Husk Power Reaches Profitability in Q4 2022

Husk Power Systems announced that it has become the world’s first minigrid company to achieve profitability across Asia and Africa continents.

Husk Power Systems | January 24, 2023 | By Manu Tayal | 3188

Husk Power, Smart Power India Launch Campaign to Boost Income of Solar-Powered, Women-Led Rural MSMEs in India

Smart Power India (SPI) and Husk Power Systems jointly launched a new campaign, Pragati Ki Aur, in order to help in increasing the income of women-owned small businesses in India, along with promoting greater use of affordable, reliable and clean electricity.

Husk Power Systems | December 09, 2022 | By Manu Tayal | 3639

Husk Raises Rs 310 Mn Debt from IREDA to Build 140 Microgrids in Rural India

Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, announced the successful close of a INR 310 million ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd.

Husk Power Systems | February 18, 2022 | By News Bureau | 2126