Paired Power’s modular microgrid targets is assembly-free remote industrial and agricultural applications and rural electrification for Indigenous communities.
The International Solar Alliance (ISA) Assembly will focus on four key areas: catalyzing finance for solar projects, building global capability centres and advancing digitization, enhancing regional and country-level engagement, and developing technology and policy roadmaps.
Husk has secured a ₦5 billion (approximately $3.2 million) revolving, local currency debt facility from United Capital Infrastructure Fund (UCIF) to support the deployment and scaling of solar minigrids across Nigeria.
The financing package will enable Husk Power Systems to develop and operate up to 108 mini-grid sites in Nigeria.
Ashish Khanna, Director General of International Solar Alliance, highlighted the need to enable private-sector investments in driving technology and innovation for distributed renewable energy, while the government focuses on developing the policy and regulatory framework and results-based financing to make these solutions affordable for the poor.
Husk Power has secured funding from Acumen to build out a robust pipeline of distributed renewable energy projects and build its first solar minigrids in the Democratic Republic of Congo.
The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.
Husk Power Systems has doubled its fleet of community solar minigrids over the past 12 months. It now owns and operates the world’s largest portfolio of private-sector minigrids.
With its containerized solution Prism, Husk Power Systems is now able to deploy minigrids at a rate of one per day with the same resources.
The Seventh Session of the International Solar Alliance (ISA) Assembly, to be held in New Delhi from Nov. 3-6, will deliberate on ISA initiatives to improve energy access, security and transition among its member countries.
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