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248%
Raised
£186,680
Investors
570
Target
£75,000
Equity
6.05%
Pre-money valuation
£2,900,000

UK manufacturer Sun Harvester have designed & developed energy storage systems that store clean renewable energy to power homes & business. From grid-tied domestic units to mini-grid systems. Mobile versions provide clean free electricity to remote off-grid regions or disaster relief areas worldwide

  • Export sales to Africa already achieved
  • Energy storage market est. to double six times by 2030
  • Repeat orders from an international charity with 21 locations
  • £298,000 PowaBlock project for Nigeria agreed.

Idea

Sun Harvester have designed & developed battery storage technology. We believe it can be utilized for many applications offering low carbon tied or offgrid solutions worldwide, from mobile domestic energy saving & vehicle charging to mini-grid systems up to 100KW, we have numerous product lines & identified key markets

For UK energy storage our technology enables domestic or commercial consumers to store electricity they self- produce, therefore they no longer need to purchase as much energy from the grid,repeat orders currently in production.

Our Battery Management System allows for connectivity to DNOs future digital platforms to create revenue streams such as DSR or frequency balancing.

Sun Harvester have exported portable power units for vehicle mounted systems used by medical outreach services. We have supplied product to Kenya, Zambia and Malawi, with new opportunities & repeat orders growing.

Mini-Grid Systems allow remote locations worldwide to store & distribute electricity they generate to power entire Villages,schools or Hospitals.

Since our initial raise on Crowdcube we have developed further prototypes, updated our production facility, increased staffing levels & rebranded with a new website. We have achieved further sales to Africa & Europe and won a £209,000 Innovate UK award.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Sun Harvester has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.