Husk Power Systems to electrify 80 new communities in rural India
EU- funded Electrification Financing Initiative (EDFI ElectriFI) signed a microgrid debt facility with Husk Power Systems to drive net-zero economic growth in 80 new communities in rural India.
Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, will electrify 80 additional communities in India with USD 6 million in new debt financing from the EDFI ElectriFI, read Husk Powering Possibilities press release.
The 80 solar microgrids will benefit an estimated 60,000 people and connect nearly 10,000 new customers. It will allow Husk to double its customer base of micro, small and medium-sized enterprises (MSMEs), which drive rural economic activity but still rely heavily on polluting and expensive diesel generation.
