An ambitious 7-point agenda for scaling the rural clean energy economy of sub-Saharan Africa and South Asia by 2030 was announced by Husk Power at the SDG7 Pavilion at COP26.
Husk Power also called on governments, financiers and other companies to increase their level of ambition to achieve the full potential of minigrids and other rural clean energy services.
The rural clean energy economy plan is shaped by:
- Building at least 5,000 renewable energy minigrids to power rural communities, businesses and households in sub-Saharan Africa and South Asia, including India and Nigeria
- Connecting at least one million customers, including micro- small- and medium-sized enterprises (MSMEs)
- Benefitting at least 11 million people served by Husk Power’s minigrids and other energy services
- Providing power to at least half a million (500,000) MSMEs, with specific focus on productive use applications including agricultural activities such as irrigation, agro-processing and cold chain
- Installing at least 500MW of rural commercial & industrial (C&I) through Husk Power’s turnkey rooftop installation business
- Selling at least five million energy efficient appliances for both household use and for productive uses, including agricultural activities, while also providing financing to increase accessibility of such appliances
- Displacing 7Mt of CO2, thereby reducing diesel consumption by 687 million gallons
Husk Power CEO and co-founder Manoj Sinha, said: “As rural electrification in sub-Saharan Africa and Asia rises to the forefront of international development and climate equity, it is critical that the private sector meet the opportunity by having ready a robust pipeline of bankable, shovel-ready projects, and the ability to execute at scale.
“We not only want to challenge ourselves to achieve greater scale, but also to raise the level of ambition of government, finance and industry stakeholders.”