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Blockchain Press Releases

Sungrow Releases Its Liquid Cooled Energy Storage System PowerTitan 2.0

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MUNICH, June 25, 2023 /PRNewswire/ — Sungrow, the global leading inverter and energy storage system supplier, introduced its latest liquid cooled energy storage system PowerTitan 2.0 during Intersolar Europe. The next-generation system is designed to support grid stability, improve power quality, and offer an optimized LCOS for future projects.

The PowerTitan 2.0 is a professional integration of Sungrow’s power electronics, electrochemistry, and power grid support technologies. The latest innovation for the utility-scale energy storage market adopts a large battery cell capacity of 314Ah, integrates a string Power Conversion System (PCS) in the battery container, embeds Stem Cell Grid Tech, and features systematic liquid cooled temperature control. The all-in-one system significantly enhances the power density, making the 20-ft container able to be equipped with 5MWh batteries and 2.5MW PCS.

Cost saving and powerful grid support functions

The PowerTitan 2.0 integrates battery modules and the string PCS in a 20-ft container. The string PCS can charge and discharge battery racks individually; therefore increasing the system’s discharged energy capacity by over 7% across its entire life cycle.

The system boasts a round-trip efficiency (RTE) of 89.5%, an enhancement of 2%, with its Cell to Grid technology (C2G), which simplifies the energy conversion method between DC and AC power.

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By integrating the liquid cooled thermal management system, both PCS and battery modules inside the container can achieve balanced heat dissipation. Therefore, the PowerTitan 2.0 maintains a lower cell/module temperature difference of 2.5 degrees Celsius, which results in a 20-year system performance life and improved charging and discharging efficiency. 

With artificial intelligence (AI) bionic thermal balance technology, the system can automatically switch to the appropriate heat dissipation method according to the battery and environment temperature, and system operation status. This technology ensures that the system’s energy consumption is reduced to 50kWh per day — 40% less than the industry standard average consumption.

In addition, the PowerTitan 2.0 is equipped with Stem Cell Grid Tech. This technology aims to improve grid stability and increase power quality, featuring leading technologies such as enhanced continuous high and low voltage ride through, multi-level broadband oscillation suppression, flexible inertia support, microsecond-level voltage construction, and gigawatt-level black start. With these technologies, the system can achieve a transition between high voltage ride through (HVRT) and low voltage ride through (LVRT) seamlessly, reach resonance adaptive in 0.15Hz-2.5kHz, and restore the power supply of the local grid when the voltage fluctuation is under 2%. 

Ultimate safety

To uphold Sungrow’s strict safety priorities, the PowerTitan 2.0 offers a comprehensive safety design across the cell, electrical, and system levels. With the help of artificial intelligence, the cells are monitored with great accuracy in real-time to detect changes and provide early-stage warnings to prevent thermal runaway. With four layers of protection in place against excessive electric current and dangerous arcs, the risk of electrical hazards is significantly reduced.

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By implementing a compartmentalised design, the power electronics components and battery modules are isolated, ensuring a dedicated two-hour fire protection to safeguard each individual compartment.

Sungrow’s battery storage solutions offer temperature, smoke and combustible gas detectors, gas fire suppression, and water-based fire suppression systems, to safely and effectively prevent the risk of battery fires and reduce the risk of reignition, upholding Sungrow’s track record of zero fire incidents.

Streamlined O&M and optimal protection capabilities

The comprehensive system is pre-installed so that major parameters are set before leaving the manufacturing facility, decreasing on-site commissioning time and guaranteeing early revenue for project owners.

With the back-to-back installation concept, the storage system occupies less footprint space. For example, a 100MWh energy storage project with the PowerTitan 2.0 covers 1200 square meters only.

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The PowerTitan 2.0 has an automatic state of charge (SoC) calibration feature by adopting the string PCS and shortens the power plant upgrading duration by 20 minutes applying over-the-air (OTA) technology.

In addition, the modular design for both the battery Pack and PCS, enables time-saving for operation and maintenance (O&M), which ensures a high system’s availability.

Apart from the streamlined O&M, the PowerTitan 2.0 also offers an impressive C5 anti-corrosion and IP55 protection rating, making it durable in harsh conditions. The system can run at 100% nominal power even at altitudes as high as 4500 meters above sea level.

The PowerTitan 2.0, with it’s integrated liquid cooled system, has a reduced sound pressure level of 75dB, ensuring quieter operation in noise restricted environments.

As more renewable energy projects come into operation and more resources are added to the energy mix, it is even more important to maintain grid stability and improve power quality. With a 26-year proven track record, Sungrow performance remains unparalleled in its energy storage applications. The Company has been awarded the world’s first iF Design Award in the utility-scale energy storage system category for its PowerTitan. To date, Sungrow has contracted a total of nine gigawatt hours of orders for the PowerTitan, which is a testament to its success and credibility in the industry.

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About Sungrow

Sungrow Power Supply Co., Ltd. (“Sungrow”) is the world’s most bankable inverter brand with over 340 GW installed worldwide as of December 2022. Founded in 1997 by Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial & industrial, and residential applications, as well as internationally recognized floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 26-year track record in the PV space, Sungrow products power over 150 countries worldwide. Learn more about Sungrow by visiting www.sungrowpower.com.

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Blockchain Press Releases

TiltPlay Launches as a Gaming Platform on the Soneium Ecosystem

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“The Game is On”

TAIPEI, Jan. 23, 2025 /PRNewswire/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space.

TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces:

  • Exciting Game Variety: A growing library of casual games designed to challenge and entertain.
  • Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.
  • Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.

“With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.”

TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community.

For more information about TiltPlay, visit TiltPlay.gg.

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Blockchain Press Releases

Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund

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COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.

UNITED STATES OF AMERICA
Before the 
SECURITIES AND EXCHANGE COMMISSION

In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535

This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.

If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).

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The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter:  www.QuantstampFairFund.com/documents.  

To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail.  Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.

You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.

ADDITIONAL INFORMATION

Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.

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Email:               

[email protected]

Call:                 

833-215-6101

Write:               

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Quantstamp Fair Fund

Fund Administrator

P.O. Box 25381

Santa Ana, CA 92799

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Blockchain

Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users

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Humanity Protocol, a $1 billion decentralized, privacy-first digital identity blockchain project, is excited to announce its collaboration with OKX Wallet, which will serve as an identity validator for its testnet ecosystem. This collaboration introduces a seamless way for users to engage with decentralized identity while offering unique rewards for OKX Wallet participants.
Testnet users signing up with OKX Wallet will receive a 10% bonus in their airdrop allocation during the token launch. By connecting their OKX Wallet during the Humanity Protocol testnet registration process, participants will be issued a verifiable credential that confirms wallet ownership. This credential ensures fair distribution and protects user privacy, creating a seamless and secure onboarding experience.
Verifiable credentials form the foundation of Humanity Protocol’s decentralized identity system. These credentials validate wallets as unique OKX Wallet users, safeguarding the ecosystem from fraud, such as duplicate registrations and Sybil attacks. While operating behind the scenes, they play a critical role in maintaining transparency and fairness while enabling privacy-first participation in the network.
“We are thrilled to collaborate with OKX Wallet for our testnet,” said Terence Kwok, Founder of Humanity Protocol. “This collaboration strengthens our mission to create a secure, decentralized identity network. By combining Humanity Protocol’s privacy-preserving solutions with OKX Wallet’s trusted infrastructure, we’re not only simplifying user participation but also fostering trust and fairness across the ecosystem. Together, we aim to set a new standard for privacy and transparency in the blockchain space.”
OKX Wallet, known for its user-friendly design and robust security, plays a critical role in this collaboration by enabling secure wallet verification and streamlining user participation.
Humanity Protocol is dedicated to building a decentralized future rooted in privacy and security. By integrating OKX Wallet as an identity validator, the protocol ensures a trustworthy network that benefits both participants and the broader blockchain community.

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