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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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Avalanche Joins Forces with Stripe: Transforming Crypto Purchases Across the US

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Avalanche, a leading blockchain platform, has partnered with Stripe to enhance the accessibility of its ecosystem. This strategic collaboration integrates Stripe’s fiat-to-crypto onramping capabilities directly into Avalanche’s C-Chain, enabling retail users to purchase the native cryptocurrency, AVAX, without the complexities of traditional crypto exchanges.

Integration and User Experience Enhancement

The integration aims to simplify the process of acquiring AVAX by embedding Stripe’s onramp as a customizable widget within various Avalanche decentralized applications (dApps). These dApps include decentralized exchanges (DEXes), NFT platforms, and digital wallets, facilitating a seamless and streamlined user experience. By leveraging Stripe’s infrastructure, users can easily fund their accounts using various payment methods, including ACH transfers and credit/debit cards.

Core Wallet Integration

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A key component of this collaboration is the integration into Core, Avalanche’s native ecosystem wallet developed by Ava Labs. Core wallet users can now directly fund their wallets via the Stripe widget, making it easier to engage with the Avalanche network. The wallet setup process is straightforward, allowing new users to create accounts using Gmail or Apple ID, thereby reducing the barriers to entry into the crypto space.

Addressing Web3 Challenges

This integration addresses several challenges commonly faced in the Web3 ecosystem, such as the “cold start problem,” where users lack initial funds to participate in transactions. Stripe’s onramp handles essential elements like KYC, payments, fraud prevention, and compliance, allowing dApps to focus on enhancing user experience rather than dealing with regulatory complexities.

The initiative is supported by key players in the Avalanche ecosystem, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms. These partners, offering services from decentralized naming and gaming to financial and social interaction platforms, stand to benefit from the increased ease of access to digital asset transactions.

Promoting Web3 Adoption

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The collaboration between Avalanche and Stripe goes beyond simplifying transactions; it also aims to bridge the gap between traditional finance and the emerging Web3 landscape. By integrating a familiar and secure payment system, the partnership ensures that users, both new and existing, can navigate the cryptocurrency ecosystem with greater ease and confidence.

The leadership from both Ava Labs and Stripe has expressed enthusiasm about the partnership. Akash Gupta, Head of Consumer Products at Ava Labs, highlighted the commitment to user-centric solutions and broader adoption of digital currencies. John Egan, Head of Crypto at Stripe, noted that the initiative aligns with Stripe’s mission to democratize access to Web3 technologies, making them safer and more accessible to a global audience.

This strategic partnership is expected to accelerate consumer adoption, deepen user engagement, and reinforce Avalanche’s position as a leader in the blockchain industry.

Source: blockchainreporter.net

The post Avalanche Joins Forces with Stripe: Transforming Crypto Purchases Across the US appeared first on HIPTHER Alerts.

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BIGG Digital Assets Enhances Crypto Investigator Training with New Modules

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BIGG Digital Assets Inc. (CSE: BIGG, OTCQX: BBKCF), a prominent player in the Digital Asset, Blockchain, and Metaverse industries, has expanded its educational offerings through its subsidiary, Blockchain Intelligence Group (BIG). This expansion includes two new advanced training modules within the Certified Cryptocurrency Investigator (CCI) program, aiming to meet the increasing demand for specialized expertise in cryptocurrency investigations and compliance.

Overview of the New Advanced Training Modules

  1. Module 9: Hacks and Exploits in the Cryptocurrency Space
    • This module focuses on the various techniques employed by cybercriminals to exploit blockchain networks and digital assets. It includes comprehensive case studies of significant cryptocurrency hacks and exit scams, providing participants with a deep understanding of these threats. The training covers how to detect early warning signs and implement best practices to mitigate risks. Additionally, it addresses the role of the dark web in these activities, giving insights into how these criminal networks operate.
  2. Module 10: Cryptocurrency Compliance and Risk Management for Financial Institutions
    • Targeted at compliance officers, risk managers, and executives, this module provides in-depth training on establishing robust risk management frameworks and controls within financial institutions. It covers essential regulatory requirements, risk assessment methodologies, and due diligence processes necessary for safeguarding against cryptocurrency-related risks. This module also offers a standalone certification, Certified Cryptocurrency Investigator – Compliance (CCI-C), emphasizing its critical relevance in today’s regulatory landscape.

Significance and Industry Impact

Lance Morginn, President of BIG, highlighted the growing sophistication of cyber threats in the digital asset space, driven by increasing global adoption of cryptocurrencies. The new modules are designed to equip professionals with the necessary skills and intelligence to identify and counter these emerging threats. This initiative reflects BIG’s commitment to providing up-to-date and practical training that addresses the current and future challenges faced by the industry.

Robert Whitaker, overseeing Law Enforcement Affairs at BIG, emphasized the continuous evolution of BIG’s curriculum to keep pace with the rapidly changing digital asset landscape. This approach ensures that professionals are well-prepared to deal with both technical and regulatory aspects of cryptocurrency investigations and compliance.

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Certification and Professional Development

The new modules complete the Certified Cryptocurrency Investigator – Advanced (CCI-A) certification course, covering modules 6 to 10. This advanced certification is valid for one year, requiring a top-up course for renewal, which ensures that professionals remain current with the latest industry developments and best practices.

The foundational CCI certification has already been completed by over 2,500 professionals globally, including those from law enforcement, regulatory bodies, financial institutions, and the cryptocurrency sector. The courses are led by seasoned experts, including former federal agents and compliance officers, providing participants with invaluable practical knowledge and real-world insights.

Future Prospects

As the cryptocurrency industry continues to expand, the demand for specialized training and certifications like those offered by BIG will likely grow. These programs not only help professionals address existing challenges but also prepare them for future developments in the rapidly evolving digital asset space. Through these educational initiatives, BIGG Digital Assets Inc. and Blockchain Intelligence Group are making significant contributions to the security and integrity of the global cryptocurrency ecosystem.

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Source: cointrust.com

The post BIGG Digital Assets Enhances Crypto Investigator Training with New Modules appeared first on HIPTHER Alerts.

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Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series

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BIGG Digital Assets Inc. has announced the launch of two new advanced modules in its Certified Cryptocurrency Investigator (CCI) training program through its subsidiary, Blockchain Intelligence Group (BIG). This expansion reflects the growing need for specialized knowledge in the digital asset and blockchain sectors, especially as these industries face increasingly sophisticated cyber threats.

New Modules Overview

  1. Module 9: Hacks and Exploits
    • This module provides an in-depth analysis of significant cryptocurrency hacks, exploits, and exit scams. It includes detailed case studies to help students understand the tactics employed by cybercriminals, identify early warning signs, and apply best practices for risk mitigation. The curriculum also covers the role of the dark web in facilitating these illegal activities.
  2. Module 10: Compliance and Risk Management
    • Aimed at professionals in financial institutions, this module covers comprehensive frameworks and controls for managing risks associated with cryptocurrencies. It includes regulatory requirements, risk assessment methodologies, and due diligence processes. The module offers a standalone certification, the Certified Cryptocurrency Investigator – Compliance (CCI-C), which is particularly valuable for compliance officers and risk managers.

Certification Details

The completion of these two modules, along with previous ones, leads to the Certified Cryptocurrency Investigator – Advanced (CCI-A) certification. This certification is valid for one year, after which professionals must complete a top-up course to maintain their certified status. The program is designed to equip investigators, compliance teams, and risk professionals with the latest intelligence and skills necessary to combat the challenges in the rapidly evolving digital asset landscape.

Industry Relevance

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As cryptocurrency adoption grows globally, the risks associated with blockchain networks and digital assets also increase. The introduction of these advanced modules is a proactive step by BIGG Digital Assets Inc. to address the need for continuous education and training in this dynamic field. The CCI program has already been adopted by over 2,500 professionals worldwide, including law enforcement, regulatory bodies, and financial institutions, demonstrating its critical role in enhancing industry standards and safeguarding against cyber threats.

Conclusion

BIGG Digital Assets Inc.’s continued investment in educational initiatives through the Blockchain Intelligence Group underscores the importance of preparedness and expertise in the cryptocurrency space. By staying at the forefront of training and compliance, the company supports the broader industry’s efforts to maintain security and integrity as digital assets become more integrated into global financial systems.

Source: globenewswire.com

The post Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series appeared first on HIPTHER Alerts.

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