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Husk Power Gets US$20 Million For Nigeria Expansion

Firm aims to have 500 minigrids in Nigeria within five years.

April 2, 2024

By Liz Bains
Minigrid developer Husk Power Systems has obtained US$20 million in debt financing from the European Investment Bank (EIB) to scale up its operations in Nigeria. The India-headquartered firm says the investment will fund the construction of 150 rural community solar minigrids in Nigeria, the installation of rooftop solar for commercial and

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