Husk Power Systems, owner of the largest fleet of mini-grids in Africa and Asia, has set a target of erecting solar-powered mini-grids in six African nations to bring electricity to 7.7 million people and more than 200,000 small businesses within five years.
The so-called ‘Africa Sunshot’ plan will involve constructing 2,500 grids at a cost of as much as $500 million. The company also separately plans to install more than 150 megawatts of roof-top solar in that time, it said in a statement on Tuesday.
“In the 33 least developed countries in Africa, the electrification rate is only 36%,” Husk said. “Without a massive industry scale-up and a more than 10-fold increase in the industry’s current deployment rate” Africa will take decades to provide power to all its people, the company said, citing a World Bank estimate that $91 billion would be needed to supply power through mini-grids to 380 million people in sub-Saharan Africa by 2030.
Weak national grids and a lack of government finance for major power plant and transmission line projects has meant that they are often the cheapest way of electrifying both rural and urban communities. The Africa Sunshot “will need the active support of governments to get the right policies in place that integrate mini-grids as a central component of national electrification and energy transition plans,” Manoj Sinha, Husk’s co-founder and chief executive officer said in the statement.
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