sun-connect

Husk Power’s rapid growth has been supported by its success in raising US$25 million in equity financing from leading investors, including FMO, Shell, Swedfund and ENGIE Rassembleurs d’Energies.

The project, which aims to deliver clean and reliable power, will consist of a 1.25MWp ground-mounted solar PV plant and a 2MWh battery energy storage system integrated with diesel generators and a smart controller.

The Series A-2 Round, led by TRIREC and Insitor Impact Asia Fund, brings in new investors Anthem Asia Myanmar SME Venture Fund as well as DPI Energy Ventures.

Barely a week after Kenya’s electricity distributor, Kenya Power, appeared to have raised alarm over a spike in the rate at which some of its biggest customers are switching to solar, it seems the plan is to now make solar harder.

Energy Access Ventures (EAV) led the round and was joined by Électricité de France (EDF), Acumen Capital Partners (ACP), and Dream Project Incubators (DPI).

The company also just closed on $14 million in funding to expand its business across Africa.

Farm from a Box is a dynamic system with interchangeable components allowing users to tailor a unit to meet the needs of different climates, users, water access points, and crop plans. 

The two companies will use an energy-as-a-service model, which offers microgrids at no upfront cost to the customer. They are joining forces to serve what’s become a high-demand market.

Wandayi says time is up for the company to seek voluntary liquidation instead of waiting to be taken to court.

The project will consist of a 1.25MWp ground-mounted Solar PV plant and a 2MWh battery energy storage system integrated with diesel generators and a smart controller, making it one of Southeast Asia’s largest off-grid renewable energy microgrids.