Minigrid Company Husk Nabs $5 million in Funding 

Husk Power Systems, a minigrid company that focuses on India and Africa, has received a $5 million investment from FMO, a Dutch development bank. “Not only will the investment be a catalyst for Husk to achieve its ambitious minigrid roll-out plan, it gives us a partner with deep knowledge and experience in scaling innovative energy technology … [Read more...]

Community Microgrids Beat Grid Power Costs in the Developing World

Community microgrids increasingly appear to be more cost-effective than extending the central grid in the developing world, according to new findings by Bloomberg NEF. With an improved price position, microgrids will serve 34 million of the 238 million households that will be electrified between now and 2030. Another 72 million will install … [Read more...]

MiniGrids Foolhardy No Longer, Husk Power Raises $20M via Engie, Shell & Swedfund

With a $20 million venture capital infusion for their mini-grids, Husk Power Systems is pressing forward with its mission to electrify rural communities, much like the one in India where the company's founder grew up. From new headquarters in Colorado, the 10-year-old company is advancing a minigrid technology that uses organic agricultural … [Read more...]