Biggest Mini-Grid Owner in Africa, Asia Sets $500 Million Target

Husk Power plans to build 2,500 mini-grids in Africa
Most of the grids will be built in Nigeria and the DRC

A solar farm in India.Photographer: Dhiraj Singh/Bloomberg

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By Antony Sguazzin

September 5, 2023 at 5:45 AM UTC

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Husk Power Systems, owner of the largest fleet of mini-grids in Africa and Asia, has set a target of erecting solar-powered mini-grids in six African nations to bring electricity to 7.7 million people and more than 200,000 small businesses within five years.

The so-called ‘Africa Sunshot’ plan will involve constructing 2,500 grids at a cost of as much as $500 million. The company also separately plans to install more than 150 megawatts of roof-top solar in that time, it said in a statement on Tuesday.