News
Year: 2024
Husk Power and AEDC partner to build Nigeriaâs clean energy future with interconnected minigrids
The solar-powered minigrid in Duduguru, located in Obi Local Government Area (LGA), has a planned average daily energy supply of 656 kW, which will serve about 1,000 customers
Husk Power workforce soars 10 times to 1,000+ employees, leading minigrid industry in rural green energy job creation
Husk has grown its workforce 10 times since 2018. It is currently adding 50 new jobs per month, with that number expected to grow to 60 in Q4 2024
Rural Electrification Agency (REA) of Nigeria and Husk Power Systems Join Forces to Deploy 250MW of Decentralized Renewable Energy Projects
The projects will support the roll-out of the $750 million Distributed Access through Renewable Energy Scale-up (DARES) project, which is funded by the World Bank and administered by REA.
ElectriFI Doubles Down on Husk Power Systems with $4 Million Investment, Accelerating Clean Energy Access in Rural India
EDFI Management Company, confirmed Husk’s securing of an additional $4 million in debt financing from ElectriFI. This builds upon ElectriFI’s initial $6 million investment in September 2022.
Husk Power closes $20 million in financing from the European Investment Bank (EIB) to scale in Nigeria
This is the first time that a minigrid company has accessed corporate-level debt, and also the single largest debt financing for minigrids in Sub-Saharan Africa.
Husk Power Systems Named to Fast Companyâs Annual List of the Worldâs Most Innovative Companies of 2024
Worldâs largest minigrid company named #1 energy innovator and #24 overall, and joins the ranks of Nvidia, YouTube and more
Year:2023
Husk Power CEO Manoj Sinha Named to Inaugural TIME Most 100 Influential Climate Leaders in Business for 2023
Manoj Sinha was one of only 20 Innovators on the list, and one of 8 Indians.
Husk Power Secures $100+ Million in Equity and Debt to Supercharge Growth of Community Solar Minigrids in Rural Sub-Saharan Africa and South Asia
Husk Power Systems (âHuskâ) announced today that it has closed $43 million in Series D funding, the largest-ever equity raise in the minigrid industry.
âAfrica Sunshotâ initiative launched by Husk Power at the Africa Climate Summit
âAfrica Sunshotâ initiative launched by Husk Power at the Africa Climate Summit, targeting 2,500 solar minigrids over 5 years to supercharge low-carbon economic growth in rural Sub-Saharan Africa
Electrifying Rural Nigeria â A Case Study
Discover how Husk Power Systems, a leader in community minigrids, is driving sustainable change in rural Nigeria. Partnering with the Rural Electrification Agency (REA) and the Nigeria Electrification Project (NEP).
Husk Power Unveils New Brand Identity, Positions Company for Unstoppable Growth with Tech-Enabled Rural Energy Platform
Husk 2.0 Unveils New Brand Identity, Empowering Sustainable Growth in Asia and Africa with Tech-Enabled Rural Energy Platform.
Husk Power invites LDC governments in Sub-Saharan Africa to partner in scaling community solar minigrids
Seeking new public-private partnerships, the company is prepared to mobilize significant capital to accelerate universal electrification in LDCs with renewable energy minigrids in both off-grid and weak-grid communities.
Husk Power first to surpass 200 minigrids across Asia and Africa
Industry pioneer now averaging 16 new minigrids per month and expects to double fleet to 400 minigrids by end of 2023. Husk is targeting 5,000 minigrids by 2023.
Husk becomes first profitable minigrid company in Africa and Asia
Owner of the largest fleet of community solar minigrids with 150 in operation, Husk was EBITDA positive in its primary markets of Nigeria and India in Q4 2022.
Year: 2022
Husk Power Systems and Smart Power India launch the âPragati ki Aurâ campaign to boost income of solar-powered, women-led MSMEs in rural India
Empowering Rural Women Entrepreneurs with Solar-Powered Microenterprises: Husk Power Systems and Smart Power India Launch Joint Campaign.
Groundbreaking Industry Roadmap Outlines Path to Viability and Scale for Minigrids
New Industry Roadmap Identifies Key Actions for Minigrid Developers to Achieve Universal Energy Access and SDG7 by 2030
Husk Power picks up speed in Nigeria: doubles its fleet to 12 community solar microgrids with more than 50,000 beneficiaries
Husk Power Systems accelerates expansion in Nigeria, reducing energy costs and diesel generator use with smart solar microgrids
EDFI ElectriFI signs microgrid debt facility with Husk Power Systems to drive net-zero economic growth in 80 new communities in rural India
Husk Power Systems to electrify 80 new rural communities in India with EDFI ElectriFI’s $6 million debt facility for sustainable economic growth
Hotspot and Husk Power partner to take telecommunications infrastructure net-zero in rural Nigeria using solar microgrids
Empowering Rural Nigeria: Hotspot and Husk Power’s Solar Microgrid Solution
âSunshot Initiativeâ launched by Husk Power to impact 2 million Nigerians by scaling solar microgrids for rural economic growth
Husk Power Systems’ “Nigeria Sunshot Initiative” aims to bring reliable and renewable energy to 2 million Nigerians by rapidly deploying microgrids, financing energy-efficient appliances, and promoting productive use activities for rural economic growth.
2021 Corporate Results: Husk Power Systems Revenue Jumps 45%, with Rapid Africa Expansion, and Robust Pipeline of Shovel-Ready Solar Microgrids
Husk Power Systems reports significant revenue growth and expansion in Africa in 2021, driven by a robust pipeline of solar microgrids that are ready for implementation.
Husk Power Systems Secures Largest-Ever Debt Finance for Solar Microgrids in Rural India, Receiving US$4 Million from IREDA to Construct 140 Microgrids
Husk Power Systems secures $4.2M debt financing for 140 microgrids in India with IREDA, plans to raise additional $18M in debt and kick off Series D equity round in 2022.
Year: 2021
At COP26, Husk Power Systems Announces 7 Ambitious Targets to Scale the Rural Energy Economy and Minigrids in Sub-Saharan Africa and South Asia by 2030
Husk Power Systems Pledges to Power Rural Communities and Businesses, Boosting Sustainable Development in Sub-Saharan Africa and South Asia by 2030
Husk Power Systems Wins Two Asian Power Awards for Smart Grid Innovation and Dual Fuel Minigrids in India
Recognized for Innovation: Husk Power Systems receives two prestigious Asian Power Awards for Smart Grid and Dual Fuel Minigrids in India
Rural Energy Leader Husk Power Systems Launches Solar Hybrid Minigrids in 6 Nigeria Communities; Targets More Than 500 Minigrids by 2026
Husk Power Systems Brings Solar Hybrid Minigrids to Nigeria’s Underserved Communities, Spearheading the Country’s Rural Electrification Efforts.
Rural Energy Leader Husk Power Signs Agreements Under Nigeria Electrification Project (NEP) to Electrify 7 Communities with Solar Hybrid Minigrids
Husk Power Systems Takes Bold Steps to Power Nigeria’s Rural Communities Through NEP-funded Solar Hybrid Minigrids
Husk Power CEO Manoj Sinha Elected to Governing Body of CLEAN, Indiaâs Decentralized Renewable Energy Industry Association
Husk Power CEO to Help Shape India’s Decentralized Renewable Energy Sector
Husk Power Systems Hires Cleantech & Energy Access Executive William Brent as Chief Marketing Officer to Expand Rural Energy Services
Husk Power Systems (huskpowersystems.com), the leading rural energy company operating renewable minigrids and adjacent services in Asia and Africa, announced the hiring of William Brent as its Chief Marketing Officer (CMO).
Rescuing Small and Medium Enterprise from Nigeria’s Electricity Conundrum
How Husk Power’s Renewable Minigrids are Empowering SMEs in Nigeria’s Energy Crisis
Despite Pandemic, Husk Power Demonstrates Resiliency with Industry-Leading Financial Results in 2020, Doubling Revenue and Quadrupling Business Customers
Husk Power Systems, (huskpowersystems.com), the leading rural energy company operating renewable minigrids in Asia and Africa, today announced that it registered 90% growth in revenue in 2020 compared to the previous year, while more than quadrupling its commercial business customers.
Year: 2020
Husk Power Systems Named âMicrogrid Company of the Yearâ
Today, Husk Power Systems, (huskpowersystems.com), the leading rural energy company operating renewable minigrids in Asia and Africa, announced that it was named 2020 âMicrogrid Company of the Yearâ by the India Energy Storage Alliance (IESA).
Dutch Development Bank FMO Spotlights Husk Power as âEnergy Disruptorsâ; Invested US $5 Million in Minigrid Developer
Today, Husk Power Systems (huskpowersystems.com), a next-generation power company operating renewable energy mini-grids in Asia and Africa, announced that Dutch entrepreneurial development bank FMO has invested USD$5 million in the company, while also spotlighting CEO Manoj Sinha as an âenergy disruptorâ in the latest FMO publication, Future-Minded.
Leading Renewable Energy Minigrid Developer Husk Power Systems Expands Global Leadership Team
Today, Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, announced the addition of three new members to its global executive team. The hires strengthen Huskâs leadership and set the company up to deliver 10x growth over the next five years.
Renewable Energy Industry Leader Mark Gainsborough Joins Husk Power Systems Board of Directors
Today, Husk Power Systems a leading rural power utility company operating mini-grids in Asia and Africa, announced that global clean energy business leader Mark Gainsborough had joined the companyâs Board of Directors.
Year: 2018
Husk Power Systems receives $20 million investment
Husk Power Systems, a leading rural distributed utility company operating mini-grids in Asia and Africa, today announced a US $20 million equity investment* by Shell Technology Ventures LLC, Swedish development finance..
Year: 2017
Husk Won Ashden award
Husk Power is connecting remote villages in Bihar to a clean, reliable electricity supply, which provides better light, harnesses a widespread..
Manoj Sinha speaks with Business Standard in 2017
Tamkuha was one of the first villages Husk (earlier called Husk Power Systems) decided to light up through its gasification technology..
Year: 2015
Giving Back in Biomass Magazine
Manoj Sinha’s dream of providing power to areas of his native India where limited or no electricity is available has become a reality…
Husk Power Systems in The Hindu
Husk Power Systems has been a Shell Foundation partner since 2008, and has over 75 operational plants in Bihar..
Husk Power in The Huffington Post
Husk has installed 84 mini-power plants, providing electricity to more than 200,000 people in 300 rural villages in India…
Year: 2014
Energy: Islands of Light
Pandey and Yadav formed Husk Power Systems with Manoj Sinha, who studied business at the University of Virginia in Charlottesville, and the company…
Continental Affiliate Teams Up With Husk Power Systems For Tanzania
Tanzanian affiliate, Ruaha River Power Company Ltd. has entered into a joint venture agreement with Husk Power Systems..
Cheap Electricity for Poor Squeezing Out Solar in India
The villagers of Dharnai in northern India had been living without electricity for more than 30 years..