Sector Renewable energy
Challenge More than one billion residents of India have no electricity and many of them live in remote villages off the electricity grid.
Solution $750,000 in debt financing for Husk Power Systems Inc. to cover the installation throughout rural India of 36 “mini energy generation facilities” that burn discarded rice husks to generate electricity.
Impact Clean electricity provided to thousands of rural Indians
Rice is a staple of the diet in India. But rice husks, the hard protective coatings that surround the rice, are typically discarded in the milling process Read more