Husk Power Systems is a leading rural distributed utility company operating mini-grids in Asia and Africa. The company designs, builds, owns and operates one of the world’s lowest-cost hybrid power plant and distribution network. Husk has developed a proprietary system by combining and synchronizing solar PV, biomass gasification system and batteries to deliver highly reliable, 24x7 power.
Read our press release, Husk Power Systems receives $20 million investment from Shell, Swedfund, ENGIE Rassembleurs d’Energies to scale renewable mini-grid business in Africa and Asia
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The investment has been made through a holding company with domicile in the USA, where the company was established with American venture capital. The investment includes operations in several countries.