Husk Power Systems

About:

Husk is the leading net-zero energy company serving rural Africa and Asia and operator of the largest fleet of community solar minigrids.

Website: http://huskpowersystems.com/

Twitter/X: HuskPowerSystem

Top Investors: International Finance Corporation, European Investment Bank, Engie, FMO, Cisco Investments

Description:

Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Total Funding Amount:

$165M

Estimated Revenue Range:

$50M to $100M

Headquarters Location:

Fort Collins, Colorado, United States

Founded Date:

2008-01-01

Contact Email:

marketing(AT)huskpowersystems.com

Founders:

Chip Ransler, Gyanesh Pandey, Manoj Sinha, Ratnesh Kumar

Number of Employees:

501-1000

Last Funding Date:

2024-03-28

IPO Status:

Private

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