Husk Power Systems Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024
World’s largest minigrid company named #1 energy innovator and #24 overall, and joins the ranks of Nvidia, YouTube and more
Husk Power Systems (“Husk”) has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024. Husk was ranked #1 in the energy category, in recognition of its leadership in low carbon electrification of rural Africa and Asia. Overall, Husk was #24 on the list.
This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. These organizations are setting new standards and achieving remarkable milestones in all sectors of the economy. Alongside the World’s 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.er
“Community solar minigrids powered by artificial intelligence (AI) are key to ending energy poverty for hundreds of millions of people in Sub-Saharan Africa and Asia and unlocking the potential of an entire generation, especially women and youth,” said Husk Co-Founder and CEO Manoj Sinha. “Being selected to Fast Company’s list validates 15 years of relentless dedication to innovation by the entire Husk team and our efforts to supercharge rural economies in the Global South using 100% renewable energy.”
Husk’s innovative business model allows rural and peri-urban communities to join the global economy by accessing income-enhancing products and services that would otherwise be out of reach. This includes clean and reliable electricity, energy efficient appliances, and services like e-mobility and agro-processing. By using AI, internet of things (IoT) and other digital innovations, Husk is leading the minigrid industry toward scale and impact, for both people and planet. In the process, it is accelerating the transition away from diesel generation that currently dominates rural economies, while improving climate resiliency for vulnerable communities.
The World’s Most Innovative Companies stands as Fast Company‘s hallmark franchise and one of its most anticipated editorial efforts of the year.
Fast Company‘s editors and writers identified the companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.
Fast Company’s Most Innovative Companies package is available online, as well as in-app form via iTunes, and on newsstands beginning March 26. The hashtag is #FCMostInnovative.
“Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan. “We saw extraordinary innovation across the board in 2023, but we also saw a handful of clear patterns: the growing footprint and impact of AI, the triumphant return of live events, and great leaps forward in climate tech. We face daunting challenges on many fronts, but the solutions we celebrate in MIC give me plenty of hope about the future.”
Fast Company will host the Most Innovative Companies Summit and Gala on May 16. The summit features a morning and afternoon of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation. This event celebrates the Most Innovative Companies honorees and provides an inside look at cutting-edge business trends and what it takes to innovate in 2024.
ABOUT HUSK
Husk Power Systems (“Husk”) is an award-winning clean energy company serving rural and peri-urban India and Sub-Saharan Africa. In 2024, Husk was named the most innovative energy company on Fast Company’s list of the world’s Most Innovative Companies. It was also named “World’s Best Challenger Brand” in the energy industry and became a 3-time Global Cleantech 100 company in 2023. CEO Manoj Sinha was also selected as a TIME 100 Most Influential Climate Leaders in Business. Husk’s AI-powered energy platform provides 24/7 renewable power to households, commercial customers, institutions and small factories. It also delivers a range of other products and services, including e-commerce and credit-financing of branded appliances for home and commercial use, as well as community-based solutions for e-mobility and the agricultural value chain. Husk’s mission is to superchange economic growth and social well-being in rural communities that are unserved and underserved.
