Latest news with #Luminous
Mint
27-05-2025
- Business
- Mint
Looking for top Luminous inverters in May 2025? Here are the best models combining performance and value
When you're weighing up the top Luminous inverters in May 2025, think about what uninterrupted power really means. It's not just about keeping the lights on; it's about working from home without disruption, keeping food fresh, and making sure your family's comfort isn't compromised. Luminous inverters are known for their reliability and efficiency, saving you money on electricity while delivering peace of mind. For anyone tired of power cuts, they're a smart, long-term solution. The Luminous Zelio+ 1100 stands out among the top Luminous inverters in May 2025 because it keeps your daily life running smoothly, even during power cuts. The pure sine wave output means your sensitive devices stay protected, while the LCD display helps you stay informed at a glance. With easy installation and a long warranty, you spend less time worrying and more time focusing on what matters, be it work, family, or business. Keeps electronics safe from power fluctuations Hassle-free setup and clear battery status Not suited for very high-load appliances Slightly higher price than basic models What are buyers saying on Amazon? Most buyers appreciate its reliability and clear display, noting peace of mind during outages and easy day-to-day use. It's a solid investment for those who value safety, convenience, and long-term support, especially in unpredictable power conditions. The Luminous Inverter & Battery Combo with Trolley is a practical choice for anyone tired of frequent power cuts disrupting work or home life. As one of the top Luminous inverters in May 2025, this combo is designed to keep your essentials running: fans, lights, TV, and even your Wi-Fi, without a hitch. The pure sine wave inverter protects sensitive electronics, while the tall tubular battery delivers long backup hours, so you're not left in the dark during lengthy outages. The LED display keeps you informed about backup time and charging, and the sturdy trolley makes moving the unit around simple. inverter type pure sine wave battery capacity 200Ah tall tubular supported load up to 756 watts display LED for backup and charging status Reliable backup for all essential appliances Easy to move with included trolley Requires space for installation Battery maintenance needed for longevity What are buyers saying on Amazon? Buyers love the consistent power backup and the convenience of the combo, especially the easy monitoring and solid build quality. It's ideal for those who want a dependable, all-in-one solution that keeps daily life and work flowing, even during extended outages. The Luminous Inverter & Battery Combo (Zelio+ 1100 with RC 18000 Tall Tubular 150Ah Battery) is a reliable companion for homes, offices, and shops facing unpredictable power cuts. As one of the top Luminous inverters in May 2025, it keeps your essentials like the fridge, TV, fans, and lights running smoothly. The pure sine wave inverter means your appliances are protected from voltage fluctuations, while the rugged tall tubular battery ensures long-lasting backup. Easy to monitor and maintain, this combo is designed for those who want steady power and less daily hassle. inverter type pure sine wave battery capacity 150Ah tall tubular supported load up to 756 watts warranty 2 years (inverter), 36 months (battery) Keeps key household appliances running during outages Durable battery with easy water level checks Needs regular battery maintenance Takes up noticeable space in smaller rooms What are buyers saying on Amazon? Users value its consistent backup and the peace of mind it brings, noting straightforward installation and reliable day-to-day performance. It's a smart pick for anyone wanting a dependable, easy-to-use solution that keeps daily routines on track, even when the power goes out. When the power goes off, life shouldn't grind to a halt. The Luminous Zolt 1100 inverter and RC 25000 battery combo is built for households and small businesses that simply can't afford interruptions. You get hours of steady power for your TV, fans, lights, and even your Wi-Fi. The LCD display gives you a clear idea of how long you're covered, while the trolley makes it easy to move when needed. It's a practical, long-term solution for anyone tired of constant blackouts. inverter type Pure sine wave battery capacity 200Ah tall tubular running load Up to 756 watts display LCD for backup and charging status Reliable backup for multiple essential devices Easy mobility with included trolley Requires space for installation Battery maintenance is necessary for best performance What are buyers saying on Amazon? Most buyers highlight its dependable backup and user-friendly display, saying it makes daily life easier during frequent power cuts. It's ideal for those who want hassle-free, long-lasting backup that keeps homes and shops comfortable, productive, and stress-free during outages. Power cuts can throw your day off, but the Luminous Power Sine 1100 makes sure you're never left in the dark. With its pure sine wave output, your electronics stay safe and sound, and the LCD display keeps you in control. The 36-month warranty means you're covered for the long haul. It's a straightforward, dependable choice for homes, offices, and shops that need reliable backup without any fuss. display LCD for battery and load Keeps sensitive electronics protected Simple to install and easy to use Not meant for heavy-duty appliances Needs a compatible battery (not included) What are buyers saying on Amazon? Most buyers mention it's reliable and easy to monitor, with many appreciating the peace of mind during frequent outages. If you want a no-nonsense inverter that quietly does its job and keeps your essentials running, this one is a solid investment. If you're looking for a budget-friendly solution to power cuts, the Luminous Eco Watt Neo 1050 is worth a look. It's designed for everyday essentials - fans, lights, and TVs - so your routine isn't interrupted when the electricity goes out. The 36-month warranty adds peace of mind, while single battery support keeps things simple and cost-effective. Built to last, this inverter is a practical choice for homes and small businesses. battery support single 12V Affordable and easy to maintain Reliable for basic household needs Not suitable for sensitive electronics Square wave output may cause minor appliance noise What are buyers saying on Amazon? Buyers often mention its value for money and straightforward setup, with many happy about its durability and consistent backup. It's ideal if you need a no-frills, dependable inverter that keeps the basics running without stretching your budget. The Luminous Eco Volt Neo 1050 is a solid choice for anyone who needs reliable backup without fuss. Its pure sine wave output keeps your sensitive gadgets safe, and the 900VA capacity is perfect for running essentials like fans, lights, and a TV during power cuts. The 36-month warranty means less to worry about, and single battery support makes it a neat, budget-friendly option for homes and small businesses. battery support single 12V Safe for sensitive electronics Compact and cost-effective Not for heavy appliances Battery not included in the package What are buyers saying on Amazon? Many buyers are pleased with its quiet operation and reliability, saying it's a relief during outages and easy to monitor. Choose this if you want dependable backup for daily essentials, with the added comfort of long warranty and device safety. When power cuts are a regular part of life, the Luminous Eco Volt Neo 1050 inverter and Red Charge 150Ah battery combo steps in to keep your essentials running. With pure sine wave output, your fridge, TV, and fans stay protected and functional, even during long outages. The rugged battery is built to last, and water level indicators make maintenance straightforward. This combo is a practical, reliable choice for homes and small businesses that need steady backup without the hassle. inverter type pure sine wave battery capacity 150Ah tall tubular supported load up to 756 watts warranty 2 years (inverter), 36 months (battery) Runs major household essentials with ease Maintenance is simple with clear water level checks Needs space for installation Battery requires periodic top-up What are buyers saying on Amazon? Buyers appreciate the peace of mind and consistent performance, often highlighting the combo's reliability during frequent outages. It's a smart pick for anyone who wants dependable backup, easy upkeep, and the confidence that daily routines won't be interrupted. When searching for the top Luminous inverters in May 2025, the Eco Volt Neo 1550 with RC 25000 battery stands out for its powerful and reliable backup. With a 1400VA capacity, it effortlessly supports multiple devices like TVs, laptops, and fans during outages. The pure sine wave output protects sensitive electronics, while the rugged 200Ah battery delivers long-lasting power. Easy maintenance and a solid warranty make this combo ideal for homes and offices needing dependable energy. inverter type pure sine wave inverter capacity 1400VA/12V battery capacity 200Ah tall tubular supported load up to 1176 watts Supports higher loads for busy households and offices Durable battery with clear water level indicators Requires ample installation space Higher upfront cost compared to basic models What are buyers saying on Amazon? Users praise its consistent performance and peace of mind during long outages, appreciating the easy monitoring features. Ideal for those seeking a robust, efficient inverter combo that keeps essential devices running smoothly without interruption. If you're after one of the top Luminous inverters in May 2025 for steady, everyday backup, the Power Sine 800 paired with the RC18000ST PRO 150Ah battery is a practical choice. With 700VA capacity, it easily powers your lights, fans, and TV when the grid goes down. The pure sine wave output keeps your electronics safe, and the short tubular battery is built to last, offering a generous 48-month warranty. Maintenance is simple, and installation is straightforward! inverter type pure sine wave inverter capacity 700VA/12V battery type short tubular, 150Ah supported load up to 560 watts Compact and space-saving for smaller homes Long battery warranty for peace of mind Not meant for heavy-duty appliances May require extra wiring for first-time installation What are buyers saying on Amazon? Buyers appreciate the consistent performance, easy upkeep, and the added bonus of battery exchange, making it a popular choice for hassle-free backup. It's a great fit for anyone wanting reliable power for essentials, backed by strong warranties and straightforward maintenance. Luminous pure sine wave inverters closely mimic grid power, ensuring safe, stable electricity for sensitive appliances like computers, TVs, and refrigerators. This reduces noise, prevents device damage, and minimises power loss, making them ideal for modern homes seeking reliable backup and lower electricity bills. Luminous pure sine wave inverters are highly efficient, converting stored battery power to AC with minimal loss. This efficiency means your appliances use less energy during outages, and the inverter itself draws less power for charging, helping keep your electricity costs in check over time. Yes, Luminous inverters, especially pure sine wave models, can provide backup for several devices at once, including TVs, fans, lights, and even appliances with AC motors. Their clean, stable output ensures all connected devices run smoothly and safely during power cuts. Luminous pure sine wave inverters offer cleaner, quieter, and more reliable power than square wave models. They protect sensitive electronics, prevent unwanted humming noises, and support a broader range of devices, making them a safer, more versatile choice for home and office use. Assess your total power requirements to ensure the inverter's capacity matches the appliances you want to run during outages. Choose between pure sine wave and square wave technology—pure sine wave is safer for sensitive electronics. Consider battery compatibility and type, as this impacts backup duration and maintenance needs. Look for inverters with essential safety features like overload and short-circuit protection for peace of mind. Check the warranty period and after-sales support for long-term reliability and hassle-free service. Evaluate user-friendly features such as LCD displays, compact size, and easy installation for a smoother experience. Best Luminous inverters Output Type & Device Safety Battery Management & Backup Safety & Convenience Features Luminous Zelio+ 1100 Inverter Pure sine wave, safe for sensitive devices Smart LCD display, reliable backup Overload protection, easy installation Luminous Zelio+ 1100 + RC 25000 200Ah Combo Pure sine wave, protects electronics Tall tubular battery, long backup LCD for status, trolley for mobility Luminous Zelio+ 1100 + RC 18000 150Ah Combo Pure sine wave, stable power Rugged battery, easy water checks Simple maintenance, clear display Luminous Zolt 1100 + RC 25000 200Ah Combo Pure sine wave, device longevity High-capacity battery, extended backup LCD display, trolley included Luminous Power Sine 1100 Inverter Pure sine wave, clean output Real-time LCD, efficient conversion 36-month warranty, user-friendly Luminous Eco Watt Neo 1050 Inverter Square wave, basic appliance support Single battery, cost-effective Durable build, 36-month warranty Luminous Eco Volt Neo 1050 Inverter Pure sine wave, protects sensitive devices Single battery, efficient performance Compact design, easy monitoring Luminous Eco Volt Neo 1050 + RC18000 150Ah Combo Pure sine wave, safe for electronics Tall tubular battery, long backup Simple maintenance, clear indicators Luminous Eco Volt Neo 1550 + RC 25000 200Ah Combo Pure sine wave, supports higher loads Large battery, longer backup Water level indicators, robust build Luminous Power Sine 800 + RC18000ST PRO 150Ah Short Tubular Combo Pure sine wave, quiet operation Short tubular battery, reliable backup Compact size, long battery warranty Disclaimer: Mint has an affiliate marketing partnership, which means we may get some commission on purchases you make through the retailer sites links provided. These partnerships do not influence our editorial content, which is free from any bias or marketing pitch. We strive to provide accurate and unbiased information to help you make informed decisions. We recommend verifying details with the retailer before making a purchase.
Hindustan Times
23-05-2025
- Business
- Hindustan Times
Best inverters with battery under ₹25000: Top 10 picks for long lasting performance from Luminous, Okaya and more
Power cuts can be frustrating, especially when they disrupt your daily routine at home or in the office. That's where a reliable inverter and battery combo steps in, offering seamless backup to keep your essentials running, whether it's a fan, light, fridge or even your internet router. From trusted names like Luminous, Okaya and Genus, there's a wide range of options designed to suit different needs and budgets. This list of the top inverter and battery combos underlines what makes each one a smart and dependable choice. The Luminous Zelio+1100 combo offers a 900VA pure sine wave inverter coupled with a 150Ah tall tubular battery. Ideal for homes and shops, it supports critical appliances like fridges, TVs, and fans during power cuts. It features a digital LED display that shows backup time and battery status in real time. With the included trolley, it's convenient to move and install, making it a great plug-and-play solution for daily power needs. Efficient sine wave output Comes with trolley for easy mobility Requires ample space Slightly heavy to move without trolley Luminous Inverter & Battery Combo for Home,Office & Shops|Zelio+1100 Pure Sine Wave 900VA/12V Inverter with Red Charge RC 18000TT 150Ah Battery & Trolley Warranty:24 months(Inverter)36 months(Battery) What are buyers saying on Amazon? Buyers appreciate the inverter's quality and value, but report mixed experiences with battery life, installation, noise, and frequent issues with broken trolleys and wheels. Why choose this product? A value-for-money inverter with decent backup for minimal use, though concerns about durability, battery reliability, and installation may affect long-term satisfaction. Perfect for budget-conscious users, this combo includes a 600VA square wave inverter and a 120Ah short tubular battery. It's suitable for powering essential household appliances like lights, fans, and a television. The advanced microprocessor and FSW transformer ensure better reliability and compatibility with common electrical loads. It's a basic yet solid choice for those needing essential backup at a lower cost. Affordable pricing Simple setup for homes Square wave not ideal for sensitive devices Lower battery capacity Luminous Inverter & Battery Combo (Eco Watt Neo 700 Square Wave 600VA/12V Inverter with Red Charge RC 15000ST Short Tubular 120Ah Battery) for Home, Office & Shops What are buyers saying on Amazon? Buyers praise the inverter's quality, easy installation, and 5-hour backup, but noise issues and mixed opinions on value for money are common. Why choose this product? A reliable inverter with quick charging and decent backup, though noise and value perceptions may vary among users. This pure sine wave combo delivers stable 700VA output and includes a 150Ah short tubular battery, making it great for protecting sensitive appliances. It's well-suited for homes with regular power interruptions. It includes built-in protections for overload and short-circuits, ensuring safety and durability. Its compact design and versatility with various battery types enhance long-term usability. Clean power ideal for electronics Versatile battery compatibility Slightly bulky battery Limited aesthetic appeal Luminous Inverter & Battery Combo (Eco Volt Neo 850 Pure Sine Wave 700VA/12V Inverter with Red Charge RC18000 ST Short Tubular 150Ah Battery) for Home, Office & Shops What are buyers saying on Amazon? Buyers value the inverter's quality, easy installation, and power backup of up to 5-6 hours, with positive feedback on brightness. Some report mixed functionality. Why choose this product? A dependable inverter offering solid backup and bright output, though occasional functionality issues may affect reliability for some users. The Eco Volt Neo 850 inverter combo delivers clean, efficient power using pure sine wave technology, paired with a 120Ah rugged battery. It's ideal for homes needing consistent and safe backup for everyday devices. Capable of supporting a fridge, TV, and several lights and fans, this system is compact yet effective. The durable build ensures performance even in areas with fluctuating voltage. Rugged build quality Supports essential appliances easily Moderate battery backup Slightly larger footprint Luminous Inverter & Battery Combo for Home,Office & Shops| Eco Volt Neo 850 Pure Sine Wave 700VA/12V Inverter with Red Charge RC 15000PRO 120Ah Battery |Warranty: 36 month(Inverter) &48 month(Battery) What are buyers saying on Amazon? Buyers praise the inverter's quality, easy installation, and battery backup, but report mixed experiences with functionality and value for money. Why choose this product? A well-built inverter with good backup and simple setup, though inconsistent performance and divided opinions on value may affect user satisfaction. This heavy-duty combo includes a 900VA pure sine wave inverter and a large 200Ah tall tubular battery. It's designed for homes and small offices with high power requirements and extended backup needs. The Zolt 1100 features an intuitive LCD display and supports a wide range of appliances, including routers and laptops. Its efficient output makes it a dependable solution for power-heavy households. High battery capacity Detailed LCD display Heavy setup Slightly high price point Luminous Inverter & Battery Combo (Zolt 1100 Pure Sine Wave 900VA/12V Inverter with Red Charge RC 25000 Tall Tubular 200Ah Battery) for Home, Office & Shops What are buyers saying on Amazon? Buyers appreciate the inverter's long backup of up to 10 hours and good value, but quality and functionality issues, along with mixed installation experiences, are common. Why choose this product? A budget-friendly inverter with impressive backup time, though inconsistent build quality and unreliable service may affect overall satisfaction. The Power Sine 800 combo provides a pure sine wave 700VA inverter and a 150Ah battery, ensuring smooth operation of sensitive appliances. It's perfect for homes where quiet, clean energy is preferred. With a 48-month battery warranty and minimal maintenance, it offers long-term reliability. It's a great option for those who need steady power without extra frills. Long battery warranty Stable power output Initial wiring/setup may cost extra No LCD display Luminous Inverter & Battery Combo for Home,Office & Shops|Power Sine 800 Pure Sine Wave 700VA/12V Inverter with RC18000ST PRO Short Tubular 150Ah Battery |Warranty: 36 month(Inverter)&48month(Battery) What are buyers saying on Amazon? Buyers praise the inverter's quality, value for money, and easy installation, but report mixed experiences with battery backup and some water leakage issues. Why choose this product? A reliable and affordable power inverter with straightforward setup, though concerns about battery performance and leakage may affect some users. Designed for larger homes or mid-sized businesses, this combo pairs a 900VA inverter with a 150Ah tall tubular battery. It provides ample backup for several appliances simultaneously. The system is efficient and reliable, with rugged construction to withstand voltage fluctuations. Its compact form ensures it fits neatly into your living or working space. Supports multiple appliances Good value for money No trolley included Basic display only Luminous Inverter & Battery Combo (Eco Volt Neo 1050 Pure Sine Wave 900VA/12V Inverter, Red Charge RC18000 Tall Tubular 150Ah Battery) for Home, Office & Shops What are buyers saying on Amazon? Buyers find the inverter easy to install and good value, praising its reliable performance during outages, though battery life receives mixed reviews. Why choose this product? A user-friendly inverter offering dependable backup, but varying battery performance may not suit all users. This Okaya combo is built with advanced sine wave technology, offering a 925VA inverter and a 160Ah Super Jumbo tubular battery. It's perfect for those who want certified performance and energy efficiency. It features the world's first certified backup hour system, verified by NABL. With ultra-low maintenance and a massive 5-year battery warranty, this is an innovative choice for long-term use. Certified backup hours Long 5-year battery warranty Battery is heavy Higher upfront cost Okaya Inverter with Battery Combo for Home,Office & Shops|ATSW1175 12V Pure Sine Wave Inverter 925VA with OPSJT19060 160Ah Inverter Battery |Warranty: 36 Months(Inverter) & 60 Month(Battery) What are buyers saying on Amazon? Buyers appreciate the inverter's solid functionality and reliable battery backup, noting longer power duration and good value for money. Why choose this product? A dependable inverter offering strong performance and efficient backup, making it a cost-effective choice for power needs. This powerful setup includes a 900VA pure sine wave inverter and a high-capacity 220Ah battery, ideal for larger homes or commercial use. It's designed to manage high loads efficiently and safely. With built-in protections and a wide voltage range, it ensures stable performance under various conditions. The extended warranty adds to its long-term value. Massive 220Ah capacity Comprehensive protection features Heavy and space-consuming Higher price point Genus Inverter with Battery Combo (Inverter: Winner 1200 / Pure Sine Wave / 900VA / 12V / 3 Year Warranty || Battery: GTT250 / TT Battery / 220 Ah / 48M Warranty) Best for Home, Office & Shops What are buyers saying on Amazon? Buyers praise the power inverter for smooth performance, excellent battery backup, and good quality at a reasonable price. Why choose this product? A reliable and efficient inverter offering great value and dependable power backup for everyday use. Offering 825VA output, the Genus Challenger combo is great for homes needing daily power support. The 150Ah tall tubular battery comes with a unique revival mode to extend battery life. Its dual LCD and LED displays make it user-friendly and informative. With fast charging and robust warranty coverage, it's a smart choice for everyday use. Battery revival technology Compact and smart design Slightly lower VA rating Limited commercial use Genus Inverter with Battery Combo (Inverter: Challenger 1100 / Pure Sine Wave / 825VA / 12V / 2 Years Warranty || Battery: GTT240 / TT Battery / 150Ah / 48M (24 + 24) Warranty, Best for Home & Office What are buyers saying on Amazon? Buyers find the power inverter works well and delivers reliable battery backup. Why choose this product? A simple and effective inverter offering dependable power backup for basic needs. Tall tubular batteries are ideal for home use due to their longer life, deep discharge capabilities, and efficient power backup. They require minimal maintenance and are well-suited for frequent and long power cuts. Backup time depends on battery capacity (Ah) and connected load. A 150Ah battery typically provides 3–4 hours of backup for essential appliances like fans, lights, and a TV under moderate usage conditions. Yes, pure sine wave inverters are better as they provide smoother, safer power output compatible with sensitive devices like laptops and refrigerators. They are more efficient but cost slightly more than square wave models. Inverter with battery under ₹25,000 Inverter Capacity Battery Capacity Waveform Type Similar articles for you Best inverters for home: Top 10 reliable, energy saving models for uninterrupted power supply in 2025 Best inverter companies in India 2025: Top 10 picks for uninterrupted power supply and reliable backup at home or office Energy efficient inverters to avoid darkness in your home Best inverter batteries: Top inverter and battery combos to combat frequent power cuts It's a bundled set of an inverter and compatible battery that provides backup power during electricity outages. A well-maintained inverter battery typically lasts 3 to 5 years, depending on usage and type. Pure sine wave inverters with a capacity of 700–900VA are ideal for most household needs. Yes, but ensure the inverter and battery have sufficient capacity to handle the fridge's power load. Check water levels regularly, keep terminals clean, and ensure proper ventilation for longer battery life. Disclaimer: At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, with respect to the products. The products listed in this article are in no particular order of priority.
Hindustan Times
07-05-2025
- Business
- Hindustan Times
Amazon Great Summer Sale Ends Tomorrow! Save BIG on the best inverter batteries with up to 50% off on top brands
Amazon's Great Summer Sale ends tomorrow, offering up to 50% off on top inverter battery brands like Luminous, Genus, Livguard, and OKAYA. Perfect for handling summer power cuts, these batteries provide reliable home backup with advanced features at discounted prices.
Yahoo
02-05-2025
- Business
- Yahoo
Luminous Energy secures £5.5m development facility from Novuna Business Finance
Luminous Energy has signed a £5.5 million three-year development finance facility with Novuna Business Finance to support its international development pipeline and corporate operations, the company said in a press release. The UK-based renewable energy and battery storage developer said the funding will aid its transition from a pure-play developer to an independent power producer (IPP). The company highlighted the 'optionality and flexibility' of the facility as central to its broader funding strategy. The deal allows Luminous to allocate funds across both development-stage projects and overheads in multiple jurisdictions, including Australia, the United States and Germany. As part of the agreement, Novuna has taken security over Luminous's UK distribution-connected solar development portfolio. This includes Bracon Ash, a project recently brought online and previously backed by Novuna through senior debt financing. Three key features of the funding facility are: Global deployment: Funding can be used across geographies, not limited to UK assets. Flexible repayment: The facility can be repaid and redrawn over the term. Asset adaptability: Due diligence is only required when funds are drawn, up to the £5.5 million limit. Luminous's Chief Investment Officer Guy Laverack said the arrangement 'underscores Novuna Business Finance as a serious player in the emerging development finance space', noting the company's continued support at both corporate and project levels. Novuna's Head of Sustainable Energy, Philippe Bazin, said flexibility was 'key to getting the deal over the line', and that the facility would allow Luminous to pursue its strategy of expanding renewable energy globally. "Luminous Energy secures £5.5m development facility from Novuna Business Finance" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Scotsman
02-05-2025
- Business
- Scotsman
Luminous Energy secures three year £5.5m development finance facility with Novuna Business Finance
Luminous Energy, a leading UK-based renewable energy and battery storage developer, has successfully signed a three year £5.5m development finance facility with Novuna Business Finance. This strategic financial arrangement will support the company's global development pipeline and wider corporate overheads as it transitions from a pure play developer to an independent power producer (IPP). Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Luminous values the finance facility agreed with Novuna Business Finance for the optionality and flexibility it provides, making it a key component of the company's broader strategic funding arrangements. To provide the facility for the development phase on a global scale, Novuna Business Finance has taken security over Luminous's UK distribution-connected solar development portfolio, which includes the recently energised Bracon Ash, a project for which Novuna has already provided senior debt funding. Three notable aspects of the funding agreement include: Advertisement Hide Ad Advertisement Hide Ad User (UGC) Submitted Global flexibility: The ability to use the funding across both development and overhead needs on a global basis – in Australia, US and Germany, and not only limited to the UK. Repayment and redraw flexibility: The facility offers flexibility to repay and redraw funds over the term. Facility adaptability: The facility offers flexibility with assets, requiring due diligence only when drawn against, up to a committed facility of £5.5m. Guy Laverack, Chief Investment Officer, at Luminous Energy Group: 'This facility represents a continuation of the excellent working relationship originally established through the senior debt financing of Bracon Ash. It underscores Novuna Business Finance as a serious player in the emerging development finance space, which has seen limited competition to date. Additionally, it highlights Novuna's confidence in Luminous and their willingness to support our business at both a corporate and development level as we pursue our IPP strategy over the medium term." Advertisement Hide Ad Advertisement Hide Ad
