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Sungrow to Provide Penso Power and BW ESS with 260MWh Battery Storage in the UK

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Sungrow will supply Penso Power and BW ESS with utility storage equipment for the first BESS Project within a broader pipeline at Bramley in Hampshire (England). The project will contribute significantly towards UK energy security and the resilience of the electricity system.

MUNICH, July 4, 2023 /PRNewswire/ — Sungrow, the international battery storage manufacturer, will supply Penso Power and BW ESS with the equipment for the fully consented 100 MW / 260 MWh project in Bramley, Hampshire. This is another energy storage system (ESS) collaboration between Sungrow and Penso Power, with Sungrow recognised as a forerunner in the industry.

Bramley is an important project in Penso Power and BW ESS’s development partnership and is expected to play a significant role in supporting UK energy security and ensuring the resilience of the electricity system. Once operational in 2024, it is set to participate in grid balancing and ancillary services and wholesale energy trading, essential to the grid’s security.

Sungrow will supply the project with the latest PowerTitan 2.0 liquid cooled energy storage system, in which the power conversion system and battery are integrated into one 20Ft container. A key benefit of choosing Sungrow as a supplier is the optimised CAPEX and OPEX cost.

James Wu, Senior Vice President of Sungrow said:

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“As an industry leader in utility storage, Sungrow welcomes the opportunity to work with Penso Power and BW ESS on this important energy project for the UK. We previously collaborated with Penso Power on their 100 MW Minety battery energy storage system in 2019 and are proud to supply the new Bramley project – the first of several projects with 260MWh battery storage in the UK. We look forward to collaborating further with Penso Power on their global project pipeline, including Australia and Italy.”

Penso Power develops, deploys, owns, and operates grid-scale battery energy storage projects to support energy security and the energy transition. Penso Power and BW ESS announced a joint venture agreement in October 2021 that will see BW commit capital to fund the build-out of Penso Power’s project pipeline with Sungrow as a preferred supplier.  Bramley is the first scheme to be built by the Penso Power/BW ESS joint venture.

Richard Thwaites, CEO of Penso Power commented:

“Penso Power is pleased to be working with Sungrow on this important project. We consider Sungrow to be a technology leader in the energy storage field and we have been particularly impressed by the Sungrow energy storage product and the advantages that it offers.”

Sungrow is a pioneering company that entered the energy storage market early on and has achieved top rankings, being recognized as the number one global shipment provider of energy storage systems for seven consecutive years among Chinese companies. The company has also received notable recognition for its contributions to the industry, as it has been awarded the world’s first iF Design Award in the utility-scale energy storage system category for its innovative product, PowerTitan. As of now, Sungrow has contracted a total of nine Gigawatt hours of orders globally for the PowerTitan system, which is a testament to its success and credibility in the industry.

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About Sungrow

Sungrow Power Supply Co., Ltd. is the world’s most bankable inverter brand with over 340 GW installed worldwide as of December 2022. Founded in 1997 by University 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 recognised 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.

About Penso Power

Penso Power (www.pensopower.com ) develops, deploys, owns, and operates grid scale battery energy storage projects to support energy security and the energy transition. Penso developed the Minety battery storage scheme in Wiltshire, England.  When it entered operation in 2021, it was Europe’s largest operational battery storage project, initially 100MW / 136MWh with plans to extend to 150MW / 266MWh.

About BW ESS

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BW ESS is a leading investment platform in the battery energy storage systems (BESS) space, with a significant portfolio of projects in the United Kingdom and Sweden, with an investment focus that also spans Europe, Australia, and the United States. The company is part of BW Group, which is a global energy and maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies.

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Blockchain Press Releases

KuCoin Managing Director Alicia Kao Highlights Crypto Education at Blockchain Life 2024

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DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — KuCoin, a global leader in the cryptocurrency market, proudly participated in Blockchain Life 2024, one of the industry’s premier events, held in Dubai as Stage Sponsor and Gold Sponsor. This event brought together a diverse group of enthusiasts, professionals, investors, and traders to delve into the ever-evolving world of blockchain and cryptocurrency.

During her keynote speech on “Shaping Crypto Minds with KuCoin: Education Makes Mastery,” Alicia, Managing Director of KuCoin, highlighted the knowledge gaps currently facing the industry. KuCoin is actively addressing these through its various educational initiatives. In the first half of 2024 alone, KuCoin Learn attracted 1.5 million engaged users, while its Learn and Earn program saw participation from over 2.72 million users since its inception. These programs are part of KuCoin’s broader effort to elevate user education and ensure traders and investors have the tools they need for informed participation in the crypto space.

Alicia emphasized the importance of security in her presentation, reiterating KuCoin’s commitment to prioritizing user needs and safeguarding their interests. “At KuCoin, we believe that an educated user is a secure user. Our educational platforms, including KuCoin Learn and KuCoin Campus, are designed to empower our users with knowledge that enhances their trading experiences while emphasizing the critical importance of security,” she stated.

In addition to her keynote, Alicia participated in a panel discussion titled “Crypto Exchanges and Private Investors: Shaping Investment Strategies and Adapting to Market Trends.” The panel explored effective strategies for navigating the crypto industry, focusing on how centralized exchanges (CEXs) can help foster industry growth by aligning with investor needs in changing market conditions.

KuCoin’s presence at Blockchain Life 2024 underscores its ongoing commitment to leadership through education in the cryptocurrency sector. It prepares its users to participate in and excel in the evolving digital economy.

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About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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Blockchain Press Releases

Bybit’s WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors

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DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announces the WSOT Copy Trading Fest, inviting crypto traders and investors to compete for their share of an exciting 100,000 USDT prize pool. Running until October 31, 2024, the event offers participants the opportunity to showcase their expertise or leverage the strategies of top traders.

The World Series of Trading (WSOT) 2024 marks the fifth edition of Bybit’s premier crypto trading event, renowned for bringing global traders together. This year’s WSOT features a total prize pool of up to 10,000,000 USDT, with the Copy Trading Fest adding a unique competitive element for both seasoned and beginner traders.

Tailored for All Traders

  • Experienced Traders:
    • Compete as Master Trader by executing winning strategies and aiming for the 100,000 USDT prize pool. The top 50 Master Traders with the highest PnL will split the 50,000 USDT pool.
  • New and Aspiring Investors:
    • Join as Follower, copying the strategies of Master Traders to maximize returns without needing advanced technical skills. The top 100 Followers by PnL will split an additional 50,000 USDT pool.

How to Join and Compete

  • Choose Your Role: Decide whether you’ll lead as a Master Trader or copy trades as a Follower.
  • Meet the Eligibility Criteria: Ensure a minimum $50,000 trading volume during the event to qualify for rewards.
  • Accumulate PnL: Both realized and unrealized profits count towards your leaderboard ranking.
  • Fast Rewards: All prizes will be credited to the Bybit Rewards Hub within 10 days after the event ends.

Seize the Opportunity Today!

Whether you’re aiming to showcase your expertise or earn passively by following seasoned traders, the WSOT Copy Trading Fest offers a competitive, transparent, and rewarding experience. With the trading community buzzing, now is the time to jump in and claim your share of the 100,000 USDT prize pool.

#Bybit / #TheCryptoArk / #WSOT2024

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
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ZBD and Finfare partner to offer gamers cash rewards for their everyday purchases!

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Finfare Connect, a market-leading rewards platform empowering businesses to engage and retain customers through personalized offers, has announced an innovative collaboration with ZBD, a leading payments company at the forefront of digital economies.

Finfare Connect is a part of Finfare Inc., a thriving fintech company with offices in Irvine, California and London.

Through this strategic alliance, Finfare will provide ZBD users with access to affiliate, card-linked, and instant cashback offers, enabling them to earn Bitcoin through everyday purchases, above and beyond those already earned via the ZBD app.

Beginning today, ZBD users will have the option to link their payment card or multiple payment accounts to start automatically earning rewards while shopping online or at in-person stores. Card linking involves connecting a single payment card, while account linking occurs when a user connects multiple bank accounts to earn highly customized rewards.

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In terms of rewards,  ZBD users who sign up for the program will have access to offers from thousands of well-known brands such as Nike, Adidas, Asics, Crocs, Tommy Hilfiger, Urban Outfitters, Cole Haan, Steve Madden; and popular retailers such as Nordstrom, Brookstone and Best Buy, among many others.

ZBD’s innovative app immerses users in a world of games and apps, allowing them to earn Bitcoin while enjoying diverse entertainment experiences.

Now, US-based ZBD users will be able to seamlessly earn Bitcoin through their everyday purchases simply by linking their payment accounts via the ZBD app. Then, they will automatically earn Bitcoin whenever they purchase an item that’s promoted by FinFare.

“We are thrilled to launch this exciting offering with ZBD,” said Alan Zrado, Executive Vice President, Finfare Connect. “Through this alliance, we are enhancing the way ZBD users engage with digital payments, offering them unparalleled opportunities to earn Bitcoin through their everyday transactions. This partnership also underscores our commitment to empowering businesses by providing their customers with compelling, customized, and valued rewards.”

“We are excited to join forces with Finfare Connect to give ZBD users greater value by giving them more ways to easily earn Bitcoin rewards,” said Ben Cousens, Chief Strategy Officer of ZBD. “By combining Finfare Connect’s expertise in personalized offers with ZBD’s cutting-edge payments technology, we are providing our users with a great way to earn Bitcoin by shopping as they  normally would anyway.”

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