TAG: "Husk Power Systems"

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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 | 264

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 | 874

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 | 2230

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 | 2498

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 | 1444