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Sungrow shows the way in green energy transformation across Europe

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BERLIN, June 25, 2023 /PRNewswire/ — A news report from China Daily: 

The Sino-German Economic and Technological Cooperation Forum co-hosted by the National Development and Reform Commission and the Federal Ministry for Economic Affairs and Climate Action of Germany, took place on Tuesday in Berlin, Germany. Wu Jiamao, senior vice-president of Sungrow Power Supply Co., Ltd, spoke as a representative of the new energy sector during the event.

To build a community with a shared future for mankind and achieve a sustainable future, China and Germany are the two major forces in the global energy transition campaign. Wu said that fueled by the global pursuit of carbon neutrality, high-profile enterprises in the sector should take the lead to provide safe, efficient, stable and reliable product solutions through technological innovation and boost industrial transformation towards a green development model.

As a worldwide renowned supplier of inverter and energy storage systems, Sungrow is providing key technology for the realization of zero-carbon goals, offering products and services to more than 150 countries and regions around the globe. Its total installed capacity of inverter and converter equipment exceeded 340 gigawatts across the world as of December 2022.

Europe is a stronghold for global new energy development and a highland for Sungrow to promote cooperation and innovation. The company has set up more than 10 subsidiaries in Europe, where hundreds of employees of different nationalities and cultural backgrounds are working on multiple major energy projects.

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Around 40 percent of European employees are from its German branch. The company has won the Kununu Top 2022 Company Award and an authoritative certification of “The Great Place to Work”.

Sungrow has also established a research institute in Germany, carrying out research on the interaction of PV inverter, wind power converter, battery energy storage and green hydrogen, and cooperating with local universities and academic institutions.

The company has been deeply involved in a number of major energy transition projects, including Germany’s largest unsubsidized photovoltaic project, Germany’s Smart Power energy storage project, and benchmark projects in Spain generating several hundred megawatts.

As of now, the cumulative shipment volume of its inverters to Germany has exceeded 19GW, contributing to the country’s green energy transition and supporting the development of local communities.

These benchmark projects have become models of ChinaEurope clean energy cooperation and green energy transformation in recent years, providing more possibilities for ChinaEurope cooperation in such an area, the company said.

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Wu said, in order to promote the digitization and upgrade of the clean energy industry, energy storage systems must achieve full-chain security to ensure the safety, efficiency, and grid-friendliness of the entire lifecycle of energy storage systems.

Sungrow is the first company to propose the concept of “triple integration”, which means to combine power electronics, electrochemistry and power grid support technologies. And through professional integration, the company is creating a safe energy storage system to maintain the stability of new power systems.

Wu said: “The future of the energy industry will be upgraded towards a low-carbonization, digitization model, multi-energy synergies among PV, wind, ESS and hydrogen energy. Adhering to the mission of clean power for all , we are using professional expertise to achieve long-term sustainable environmental and social value development, and to actively respond to global climate action. We also look forward to sharing technology and resource circulation, jointly promoting the green development in Europe and the world.”

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Blockchain Press Releases

WSPN Launches New Website, Unveiling Enhanced Vision for Next-Generation Stablecoin Infrastructure

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SINGAPORE, May 23, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN) today announced the launch of its completely redesigned website, reflecting the company’s expanded vision and capabilities as a leader in next-generation stablecoin infrastructure. The new site highlights WSPN’s commitment to advancing global value flows through efficient, secure, and low-cost payment solutions.

The revamped website showcases WSPN’s evolution beyond traditional stablecoins, emphasizing its role in reshaping the future of payments and fueling digital globalization. With a focus on practical applications for both everyday users and institutional clients, the platform details WSPN’s comprehensive suite of services designed to bridge traditional finance and Web3 environments.

“Our new website clearly showcases WSPN’s core mission: building a stablecoin ecosystem that’s accessible, practical, and transformative for users worldwide,” said Raymond Yuan, Founder & CEO of WSPN. “As we construct the financial infrastructure of the future, this digital platform serves as our bridge to communicate value to global users.”

Key Features Highlighted on the New Website

The redesigned platform showcases several core capabilities that position WSPN at the forefront of stablecoin innovation:

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  • Fast, Reliable On/Off-Ramps: Seamless connections between traditional finance and Web3, supported by hundreds of integrated partners
  • Multi-Chain Availability & Conversion: Deployment across 8+ leading blockchains with advanced cross-chain conversion capabilities
  • Developer-Friendly API & Dashboard Access: Robust tools empowering developers and businesses to build scalable fintech solutions

The website also emphasizes WSPN’s impressive operational metrics, including processing over $10 million transaction volumes daily and serving more than 500 institutional clients globally. Users can complete mint and burn operations in under 5 minutes, with 1:1 lossless swaps available 24/7.

“WSPN stablecoins are purposefully evolved for everyday impact,” added Raymond. “Whether you’re an individual seeking price stability for cross-border transfers or an institution building sophisticated DeFi applications, our platform provides the security, speed, and scalability needed in today’s digital economy.”

Visit the new WSPN website at www.wspn.io to explore the full range of stablecoin solutions and learn how WSPN is advancing worldwide value flows.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.ioX | LinkedIn

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Blocks & Headlines: Today in Blockchain – May 22, 2025

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The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:

  1. Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.

  2. NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.

  3. OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.

  4. Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.

  5. FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.

These stories underscore three key trends reshaping the ecosystem:

  • Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.

  • Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.

  • Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.

Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.

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1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments

What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph

Analysis & Commentary

  • Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.

  • Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.

  • Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.

Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.


2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda

What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:

  • A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.

  • Partnerships with CUNY and Columbia University for blockchain research and talent development.

  • Deployment of a blockchain-based public record system for land titles and business registrations.
    Source: GovTech

Analysis & Commentary

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  • Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.

  • Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.

  • Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.

Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.


3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token

What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:

  • Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.

  • Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.

  • Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
    Source: PR Newswire

Analysis & Commentary

  • Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.

  • Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.

  • Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.

Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.


4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown

What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire

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Analysis & Commentary

  • Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.

  • User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.

  • Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.

Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.


5. FIFA Taps Avalanche to Power Its NFT Platform

What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)

Analysis & Commentary

  • Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.

  • Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.

  • Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.

Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.

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Conclusion

Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:

  • Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.

  • Community-driven tokens are redefining governance and monetization in sports and niche domains.

  • Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.

Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.

As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.

The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.

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CM Global Services (CMGS) Secures Exclusive Multi-Year Logistics & Procurement Partnerships with Compass Mining and NovoMod

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DENVER, May 22, 2025 /PRNewswire/ — CM Global Services LLC (CMGS) proudly announces its official designation as the exclusive logistics and procurement partner for Compass Mining Inc. and NovoMod LLC, two leaders in the Bitcoin mining and modular infrastructure sectors. These multi-year partnerships reinforce CMGS’s growing influence as the supply chain backbone powering some of the most advanced digital infrastructure projects in the world.

Founded with a mission to eliminate the bottlenecks and fragmentation that plague traditional supply chains, CMGS is a fully integrated logistics and infrastructure services firm specializing in Bitcoin mining services, data center development, and high-demand electrical infrastructure. From sourcing crypto mining machine parts and network hardware to coordinating the full deployment of large scale sites, CMGS is designed to scale with our clients and move at the speed they need.

For Compass Mining and NovoMod, CMGS serves as more than a vendor; we are an embedded partner, streamlining critical operations and bringing transparency to every stage of the infrastructure lifecycle. Our team leads:

  • Global sourcing and procurement of critical components, from power distribution units (PDUs) and switchgear to Ethernet cables, breakers, and enclosures.
  • Inbound logistics and Customs navigation, moving sensitive equipment efficiently across Asia, LATAM, and North America on time, on budget, and compliantly.
  • Refurbishment and redeployment of crypto mining machines, ensuring optimal uptime, performance, and recovery value from aging or idle equipment.
  • Infrastructure buildout support, including on-site coordination, material staging, labor oversight, and final commissioning of modular and large-scale mining sites.

By centralizing sourcing, logistics, testing, and deployment under one roof, CMGS is helping Compass Mining and NovoMod compress timelines, reduce operational overhead, and eliminate costly inefficiencies that historically slowed down crypto mining and infrastructure projects.

While our partnerships with Compass Mining and NovoMod are foundational, CMGS also supports a growing number of mining companies, original equipment manufacturers, and infrastructure developers behind the scenes. Quietly powering the supply chains of both public and private firms across the U.S., LATAM, and Asia. In a market where downtime is costly and speed is currency, CMGS brings industrial discipline, real-world experience, with timely execution.

CMGS covers the full supply chain lifecycle, including:

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  • Global logistics and freight management
  • Strategic sourcing and vendor negotiations
  • Crypto mining machine parts sales, sourcing, and testing
  • Full-site infrastructure build outs
  • Cleaning, repair, and redeployment programs
  • Consulting for operational optimization and supply chain resilience

As the digital infrastructure landscape grows more complex, CMGS is positioned to be the silent engine behind the most ambitious operators, ensuring they have what they need, where they need it, exactly when it’s needed.

About CMGS

CM Global Services (CMGS) is a full service logistics and procurement company specializing in Bitcoin mining and high performance computing industries. CMGS helps clients source equipment, manage global freight, deploy infrastructure, and streamline operations across every stage of the supply chain. With a commitment to reliability, speed, and cost efficiency, CMGS enables miners and data center operators to scale smarter.

To learn more about CM Global Services visit cmglobalservices.io

Media Contact

BlocksBridge Consulting
[email protected]

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