New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D
- Husk Power Systems has raised $103 million in Series D funding to launch 500 solar mini-grids in Nigeria and expand into other markets.
- The investment cements Husk Power's position as a leader in rural electrification in Sub-Saharan Africa and South Asia.
- The company plans to increase its mini-grid footprint, serve more customers, and reduce carbon emissions.
The funding raised by Husk Power Systems is a significant milestone for the company and the clean energy industry. It will enable the company to further its mission of providing clean and affordable energy to rural communities in Sub-Saharan Africa and South Asia. The expansion into new markets and the focus on reducing carbon emissions demonstrate Husk Power's commitment to sustainable development. The positive sentiment surrounding the investment reflects the growing interest in renewable energy solutions and the potential for significant impact in the region.
