Husk has announced an ambitious new roadmap centered on an artificial-intelligence-enabled distributed energy resources (DER) platform designed to deliver dependable, modern electricity to tens of millions of homes, enterprises and community institutions in the Global South by 2030. Introduced as the “Powering Prosperity” platform, the announcement was made at the Africa Investment Forum (AIF), where Husk formally opened its Series E fundraising round. The company is targeting $400 million in combined equity and debt to develop at least 2 gigawatts of distributed solar and battery storage systems across South Asia, Southeast Asia and Sub-Saharan Africa before the end of the decade. Husk has already raised over $125 million and currently serves more than 2.2 million people in India and Nigeria.
The DER platform is structured around three user groups: entire communities, commercial and industrial clients, and households. Minigrids — both isolated and grid-tied — will continue to power villages and towns, while standalone rooftop or ground-mounted systems will support C&I users and residential customers, delivered either as turnkey EPC projects or under long-term power purchase agreements. Health centers and schools are also prioritized.
“Husk pioneered the community solar minigrid model, and today we’ve evolved into an AI-powered DER provider supporting towns, families and businesses,” said Husk CEO and Co-Founder Manoj Sinha. “This new positioning reflects exactly what we’re scaling across India and Nigeria. Deploying 2 GW by 2030 opens enormous new opportunities, giving us the ability to tailor DER offerings to every market we enter.”
At the core of the platform is a sophisticated digital architecture driven by predictive and agentic AI — the company’s operational “brain.” Husk’s AI capabilities forecast demand at each minigrid with high precision, while agentic models optimize generation assets every 30 minutes to minimize cost, maximize renewable energy use and deliver more reliable customer service. The algorithms are engineered to reduce energy costs, increase clean-energy penetration and improve power availability.
The company’s scale-up strategy supports the World Bank and African Development Bank’s Mission 300 initiative to electrify 300 million people by 2030. Global research identifies community solar minigrids as the most capital-efficient option to deliver first-time power to around 380 million people in Sub-Saharan Africa. Husk’s model also aligns with India’s national goal of installing 500 GW of non-fossil-fuel energy capacity by 2030.
Husk is a globally recognized DER company serving communities that lack adequate electricity access. In 2024, the company was ranked #24 on Fast Company’s list of the 50 Most Innovative Companies, taking the top position in the energy category. It was also named the World’s Best Challenger Brand in its sector, while CEO Manoj Sinha earned a spot on the TIME 100 Most Influential Climate Leaders in Business list. Husk’s AI-enabled DER ecosystem provides round-the-clock clean power for communities, enterprises and households, along with services in e-commerce, appliance financing, e-mobility and agriculture. The company’s mission is to accelerate economic growth and improve quality of life across Asia and Africa.
