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Husk Power Systems
Designs, builds, owns, and operates the lowest cost hybrid power plant and distribution network in India and Africa, offering customers a flexible 'pay-as-you-go' energy service, using a…
About Husk Power Systems
Husk Power Systems is a leading energy services company that operates in rural areas of Africa and Asia with weak or no grid connectivity. The company provides reliable, high-quality, 100% renewable energy to a diverse clientele, including businesses, households, and institutions.
Husk's business model is based on a hybrid system that combines Solar PV and Biomass technology. This innovative system generates low-cost, 100% renewable power around the clock by synchronizing solar and biomass gasification power plants. The company has also developed a proprietary process to convert rice husk char, a waste product of gasification, into "green" incense sticks, providing an additional revenue stream and creating jobs for women in manufacturing.
In addition, Husk has integrated smart pre-paid metering with big data and analytics to deliver voice-enabled, easy-to-understand custom messages as part of their customer service. This approach not only enhances customer experience but also helps in efficient energy usage.
The company has also developed a unique "theft-proof" distribution system that ensures stable voltage delivery to customers. This system has reportedly resulted in "zero" observed theft, further enhancing the reliability of their service.
Husk's services are not only cost-effective but also align with national electrification goals, making them an attractive solution for governments and organizations aiming to expand access to electricity in underserved areas.
The company's partners include the Entrepreneurial Development Bank, ENGIE Rassembleurs d'Energies, Rural Electrification Agency Nigeria, Global Energy Alliance for People and Planet, Africa Minigrid Developers Association, Bihar Renewable Energy Development Agency, India Renewable Energy Development Agency, and the US International Development Finance Corp.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2008
- Headquarters
- Fort Collins, United States
- Employees
- 482
- Open positions
- 10
- Dealroom signal
- 88.2/100
- Industry
- Energy
- Sub-industry
- Energy Providers, Energy Efficiency, Energy Storage
- Sector
- Energy, Smart Grid, Sustainable Development Goals, Climate Tech, Hard Tech
- Technology
- Mobile app
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Sep 2025 | $3.2M | — | United Capital | ↗ |
| GRANTOther financing | Jan 2025 | $500K | — | Acumen | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Husk Power Systems is 18K monthly website visits, up 109.3% over the last three months. Husk Power Systems's team grew 9% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
The World Bank
African Development Bank
Series A4 investors entered at this stage
Acumen
Threshold Ventures
Cisco
Bamboo Capital Partners
Series B and later14 investors entered at this stage
Shell
ENGIE
Shell Ventures
Swedfund International
FMO Entrepreneurial Development Bank
KfW
Electrification Financing Initiative
German Investment Corporation
International Finance Corporation
European Investment Bank
U.S. International Development Finance Corporation
Proparco
STOA- UCUnited Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Husk Power Systems on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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