Q2 2025 - News & insights

Market focus

Husk’s mission to democratize energy through distributed solar took a big leap forward in Q2 when the company launched BEEM, a dedicated residential rooftop solar service for India. Using an innovative e-commerce model, BEEM is targeting homeowners countrywide, leveraging Husk’s nearly two decades of expertise in solar system design, state-of-the-art technology, installation and service. BEEM’s AI-powered digital platform simplifies the entire homeowner journey for going solar. Under the PM Surya Ghar Yojana scheme, the Indian government has targeted solar for 10 million households with a total of 30GW of installations by 2027. BEEM addresses the industry’s mismatch with homeowner needs through low-cost financing, subsidy support and net metering assistance.

Financial outlook

In Q2, Husk secured a groundbreaking $5 million financing deal with the International Finance Corporation to scale its operations in rural Nigeria. It marked the first investment under the IFC DARES Platform, a $200 million debt facility to catalyze private-sector solutions across West and Central Africa. The financing will enable Husk to develop and operate up to 108 new minigrid sites, resulting in approximately 28,750 new electricity connections and delivering clean, affordable energy to around 115,000 people and businesses. Husk also appointed Janet Serrao Agarwal as Chief Financial Officer.

Industry leadership

An order-of-magnitude increase in scale and rate of deployment is a massive challenge for distributed renewables. Husk initiated a Process Quality program led by Manish Airan, Vice President of Process Quality. The program has already identified over 200 key business processes, strengthened interdependencies and clarified responsibilities. Husk aims to be ISO 9001 certified in the first half of 2026.