Simba Group Unveils Solar Home Inverters

The International Finance Corporation, a member of the World Bank Group, has signed a joint development agreement with a Nigerian solar power project companyThe International Finance Corporation, a member of the World Bank Group, has signed a joint development agreement with a Nigerian solar power project company
  • Simba Group Unveils Solar Home Inverters

The Simba Group has launched the Luminous Solar Home Inverters to combat the fluctuating power supply and the rising cost of electricity.

Head of Operations, Simba Group, Mr. Rajneesh Gupta said: “This is a revolutionary product that uses Intelligent Solar Optimisation Technology (i-SOT) and i-Charging to ensure efficient solar utilisation, whilst also drawing on electricity or generator supply if available.”

He explained that the product’s proprietary intelligent algorithm cuts electricity supply where available, if solar power is sufficient. It does this, all the while, ensuring that battery backup is not compromised in the event of power failure.

Gupta said unlike other solar home kits, which are power direct current-powered equipment, and require external charge controllers, the Luminous Solar Home Inverter powers AC appliances which features are built into a unit.

He said the products are available in 850VA and 1.5KVAs, to address household power needs. “Luminous customers have seen the remarkable benefits of this product in action, the unique product has helped its users save significant amounts on diesel bills by reducing the generator running times to very few hours,” Gupta added.

Similarly, those who get electricity from the grid, Gupta said, will save about 30 per cent on their monthly bills.

The company announced that the new solar inverters would not be sold at a higher price than their non-solar counterparts for three months.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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