Husk Power Systems Stock

Husk is the leading net-zero energy company serving rural Africa and Asia and operator of the largest fleet of community solar minigrids.

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About Husk Power Systems Stock

Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Funding History

July 2009$250K
March 2010$375K
October 2012$5.0M
January 2018$20.0M
October 2020$5.0M
February 2022$310M
September 2022$6.0M
January 2023$750K
October 2023$43.0M
October 2023$60.0M

Management

CEO and Co-Founder

Manoj Sinha

Chief Strategy Officer

Brad Mattson

Country Director (India)

Saugata Datta

COO

Baljit Singh

Director & Global Head, Energy Efficient Devices (EED)

Anubha Shukla

Chief Marketing Officer

William Brent

Country Director (Nigeria)

Olu Aruike

CFO

Naveen Garg

Board Member

Mark Gainsborough

Head, Minigrids (Nigeria)

Olayemi Ebire

Vice President, Engineering and Innovation

Nikhil Murarka

CFO

Naveen Garg

Press

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