The India Renewable Energy Development Agency (IREDA), a government entity, recently loaned INR 310 million (USD 4.2 million) to Husk Power Systems, an India-based supplier of small-scale electricity generation and distribution networks in rural India and Africa, to construct 140 solar microgrids in the Indian states of Bihar and Uttar Pradesh. IREDA is
Tag: Husk Power Systems
MICROCAPITAL BRIEF: FMO Loans $5m to Husk Power Systems for Renewable Energy Generated from Biofuels, Distributed via Minigrids in Rural India, Tanzania
The Netherlands Development Finance Company, a public-private partnership also known by its Dutch acronym FMO, recently disbursed a loan of USD 5 million to Husk Power Systems, an India-based startup that builds small-scale electricity generation and distribution networks in rural areas of India and Tanzania. These minigrids use biofuels