Blockchain Press Releases
Sungrow Releases Its Liquid Cooled Energy Storage System PowerTitan 2.0
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.
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.
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.
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.
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
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
[email protected]
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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