Quarterly update
Q2 2024 - News & insights
Q2 Report - 2024
Responding to the World Bank and African Development Bank’s Mission 300 call, Husk signed a groundbreaking partnership with the government of Nigeria to build a portfolio of decentralized renewable energy projects. Husk also attracted growth capital from ElectriFI and advanced partnerships across the energy access sector.
Market focus
The partnership with Nigeria’s Rural Electrification Agency aims to build 250MW of rural and peri-urban projects, including interconnected and isolated minigrids, rooftop C&I solar, productive-use businesses, appliance financing, e-mobility, agricultural processing, cold storage and clean cooking.
Financial outlook
ElectriFI provided an additional $4 million in debt for India, bringing its total support to $10 million. Husk also shared its IPO plans and continued to attract financing for operations in South Asia and Sub-Saharan Africa.
Industry leadership
Husk launched its Helios Management Trainee Program and participated in the Summit on Clean Cooking in Africa, where it committed to a rural e-commerce platform for energy-efficient appliances.
In the news
Below are highlights of recent Husk media coverage:
- CEO Manoj Sinha joined a World Bank discussion on minigrid solutions
- Impact Entrepreneur featured Husk’s use of AI
- The Sunday Times covered minigrids and virtual power plants