Husk Power Systems rural electrification (phase 2)

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This project consists of the development of solar-hybrid microgrids across rural communities in India. Its main purpose is to deliver reliable, clean electricity to remote communities, households, micro, small and medium-sized enterprises (MSMEs) and factories in rural areas without grid connection or where the grid is not providing reliable electricity. The loan of $4 million is provided by the EU-funded impact investment facility ElectriFI and builds upon ElectriFI’s initial $6 million investment in September 2022. Sponsor is Husk Power Systems and financial close took place on April 15, 2024. https://huskpowersystems.com/electrifi-doubles-down-on-husk-power-systems-with-4-million-investment-accelerating-clean-energy-access-in-rural-india/ ; https://www.electrifi.eu/news/electrifi-doubles-down-on-husk-power-systems-with-4-million-investment-accelerating-clean-energy-access-in-rural-india/ https://huskpowersystems.com/electrifi-doubles-down-on-husk-power-systems-with-4-million-investment-accelerating-clean-energy-access-in-rural-india/ ; https://www.electrifi.eu/news/electrifi-doubles-down-on-husk-power-systems-with-4-million-investment-accelerating-clean-energy-access-in-rural-india/