mini grids

Husk Power Plans To Commission More Mini-Grids In India: William Brent (CMO)

How did the journey of Husk Power Systems start? Husk Power’s journey started around 2008 with its co-founder, Manoj Sinha, and other like-minded people from Bihar. At that time, rural electrification was a major issue in India and states like Bihar. Husk came into the picture to ensure that the unserved communities in those areas […]

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IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE

A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […]

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Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion

Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […]

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UP Floats Tender To Outsource Operations & Maintenance Of Solar Mini-Grids 

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender to outsource the operations and maintenance of its solar mini-grids. The government plans to give the contract to the interested parties on a revenue-sharing basis. The tender also said that with this, the state agency intends to revive and restore the old […]

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Husk Power is First to Cross 200 Minigrids Milestone Across Asia and Africa

Husk Power has become the first company to own and operate more than 200 community solar minigrids in Asia and Africa. it did this whole even as it averaged a rollout of 16 minigrids per month in recent months. With this, the firm has demonstrated an ability to ramp up that was considered a huge […]

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Minigrid Pioneer Husk Power Turns Profitable After 14 Years

Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […]

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Rural Renewables Focused OMC Power Raises Funding From Japan’s Chubu Electric

Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India.  Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu […]

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SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India  

The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […]

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