H
Husk Power Systems
Energy · Fort Collins, United States · Founded 2008
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… MoreLess
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.
Keywords: Renewable Energy, Rural Electrification, Solar PV, Biomass Gasification, Green Incense Sticks, Theft-Proof Distribution, Smart Pre-Paid Metering, Big Data, Analytics, Women Employment.
Company overview
Husk Power Systems company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2008
- Headquarters
- Fort Collins, United States
- Employees
- 482
- Open positions
- 10
- Dealroom signal
- 88.2
Valuation & funding
Husk Power Systems 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 | ↗ |
| DEBTDebt | Apr 2024 | $20M | — | European Investment Bank | ↗ |
| DEBTDebt | Apr 2024 | $4M | — | Electrification Financing Initiative | ↗ |
| DEBTDebt | Oct 2023 | $60M | — | International Finance Corporation · European Investment Bank | ↗ |
| SERIES DOther financing | Oct 2023 | FMO Entrepreneurial Development Bank · Shell Ventures · Swedfund International · U.S. International Development Finance Corporation | ↗ | ||
| DEBTDebt | Jan 2023 | German Investment Corporation | ↗ | ||
| DEBTDebt | Sep 2022 | Electrification Financing Initiative | ↗ | ||
| DEBTDebt | Feb 2022 | KfW | ↗ | ||
| GRANTOther financing | Sep 2021 | The World Bank · African Development Bank | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $19M | 0% | 482 |
| 2025 | $19M | — | 442 |
Growth signals
Husk Power Systems website traffic
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.
Hiring
Open positions at Husk Power Systems
Current openings linked to this company in Dealroom.
Comparisons
Husk Power Systems compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Husk Power Systems's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Husk Power Systems has talent and traffic
team presence
In the news
Latest news about Husk Power Systems
Recent press, funding announcements, and product moves mentioning Husk Power Systems — open to read from the original sources.
Market sentiment
What the market is saying about Husk Power Systems
An AI-synthesized read of the highest-engagement posts about Husk Power Systems on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
See Husk Power Systems’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.