Sungrow’s exclusive conference in Madrid brought together industry leaders to highlight how technology, dedicated professionals and collaboration between all stakeholders can support Spain to further accelerate towards a sustainable future.

MADRID, April 6, 2025 /PRNewswire/ — As the global leading PV inverter and energy storage system provider, Sungrow successfully hosted an exclusive conference in Madrid on April 2, bringing together industry experts and business leaders to discuss the opportunities for Spain to achieve its ambitious climate and energy targets. The event provided a vital platform to explore the country’s renewable energy opportunities, emphasizing the crucial role of the Commercial & Industrial (C&I) sector and the growing importance of hybrid solutions combining photovoltaic (PV) systems with Energy Storage Systems (ESS). At the same time, as mobility enters a new era with the electrification of vehicles, EV Charging become an increasingly critical topic on the road towards a sustainable future.

Spain’s Renewable Energy Vision and the Role of C&I Projects
Spain has set an ambitious target of reaching 81% renewable electricity generation by 2030, as outlined in its National Energy and Climate Plan (PNIEC)1. With solar energy playing a pivotal role in this transition, the integration of battery storage is becoming increasingly essential to ensure grid stability, maximize self-consumption, and enhance energy independence.

During the conference, experts highlighted the potential of the C&I sector to accelerate the deployment of clean energy solutions. Businesses are increasingly recognizing the economic and environmental advantages of integrating solar power with storage, reducing dependency on fossil fuels and fluctuating energy prices. Sungrow reaffirmed its commitment to supporting this sector with cutting-edge technology, providing tailored solutions that enhance efficiency, reliability, and long-term savings. As its latest ESS for C&I projects, the PowerStack 200CS, clearly showcases, energy storage can lead to significant ecological and financial benefits, as long as cutting-edge technology, high efficiency, and undisputed safety are combined with a strong team of experts supporting all the phases of such a complex operation, from the design phase and delivery phase, up to the Operation and Maintenance (O&M) of the project. 

Hybrid Solutions: The Key to a Resilient Energy Future
A major theme of the conference was the critical role of hybrid systems in achieving Spain’s energy transition. Combining PV with ESS allows businesses and energy producers to store excess solar energy, ensuring uninterrupted supply and mitigating grid congestion challenges. This approach not only optimizes energy usage but also supports Spain’s goal of a more decentralized and resilient energy network. Sungrow showcased its comprehensive portfolio of solutions designed to empower businesses and energy developers to implement hybrid energy projects seamlessly and great flexibility. These include PV inverters like the SG350HX-20 string inverter, the SHT range of hybrid inverters and a range of storage solutions, characterised also for the ease of expandability. At the same time, as part of a fully sustainable ecosystem, Sungrow offers a complete range of AC and DC, EV Chargers, for private, semi-public and public use, as the latest IDC480E, an ultra-fast charger capable of charging up to 8 vehicles at once, making it an ideal solution for fleet operators.

A Commitment to Innovation, Public Dialogue and Sustainability
Sungrow’s conference in Madrid reinforced the company’s proactive role in shaping the future of renewable energy in Spain. By fostering discussions between industry stakeholders and providing world-class solutions, Sungrow continues to drive the adoption of clean energy technologies that align with the nation’s sustainability goals. The panel discussion “The Next Step of Renewables” emphasized this focus on public dialogue as a means to fully utilize the opportunities of a sustainable future.

“As Spain advances toward its renewable energy objectives, collaboration and innovation will be key drivers of success,” said Mr. Javier Blanco, Country Manager at Sungrow Iberica. “At Sungrow, we are proud to contribute to this transition by equipping businesses with state-of-the-art PV and storage solutions and the utmost levels of service and support that pave the way for a cleaner, more sustainable future.”

With Spain’s renewable energy landscape evolving rapidly, Sungrow remains committed to empowering businesses and energy producers with the tools they need to thrive in the green transition. Sungrow has established a strong team of more than 100 experts in Spain and Portugal. Moreover, with two offices, in Pamplona and Madrid and the impressive new Technological Center for Training and Innovation in Pamplona that covers a total area of 10,000 square meters, designed to serve as a hub for training, innovation, and service excellence, Sungrow confirms its commitment on supporting the energy transition in Spain and South Europe. The company will continue to invest in advanced technologies, local partnerships, and knowledge-sharing initiatives to accelerate Spain’s clean energy revolution.

https://www.enerdata.net/publications/daily-energy-news/spain-target-2030-power-renewable.html

About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world’s most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.

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The City of Corona has partnered with Blitz Permits, the most widely used Assistive AI platform for local governments in the U.S.

CORONA, Calif., April 6, 2025 /PRNewswire-PRWeb/ — The City of Corona has partnered with Blitz Permits, the most widely used Assistive AI platform for local governments in the U.S. This move will streamline development reviews, reduce permitting delays, and deliver faster service to residents and builders. Across California, permitting backlogs have stalled projects by 12–15 months in some cities—Corona is taking action.

Blitz Permits is transforming understaffed Planning and Building departments with the world’s first dual AI engine for plan reviews. By combining pre-check automation with AI-driven code compliance, it slashes review time and increases efficiency. The platform helps governments work faster, smarter, and more cost-effectively, making housing more accessible while strengthening civic resilience.

As Corona experiences rapid growth, the city is leading a nationwide shift towards automation. By embracing AI, Corona is cutting red tape, addressing staffing shortages, and bringing greater speed, accuracy, and transparency to the permitting process.

About Blitz Permits:

Blitz Permits is the leading GovTech provider revolutionizing plan reviews with AI-driven automation. Its proprietary Intelligent Data Dictionary and advanced contextual algorithms deliver unmatched speed, accuracy, and built-in regulatory compliance.

Supporting PDF, CAD, and BIM formats, Blitz Permits integrates seamlessly into government workflows, helping planning, zoning, and building departments cut review times by up to 5x, improve compliance, and fast-track housing and infrastructure development. Learn more at: www.blitzpermits.ai

Media Contact

Brittany Griffin, Blitz Permits Inc., 1 (470) 430-7574, brittanygriffin@blitzpermits.ai, https://www.blitzpermits.ai/

View original content:https://www.prweb.com/releases/city-of-corona-leverages-ai-to-improve-housing-affordability-by-automating-pre-checks–plan-reviews-302421236.html

SOURCE Blitz Permits Inc.

LOS ANGELES, April 6, 2025 /PRNewswire/ — Nearly three-quarters of financial technology startups fail within their first three years due to preventable regulatory compliance issues, according to a new industry report released today.

The study, published by Los Angeles-based Hare Strategy Group, analyzed five years of data from over 400 fintech ventures and identified regulatory navigation as the primary factor determining success or failure in the rapidly growing sector.

“What’s striking about the data is how technical excellence alone doesn’t guarantee market success,” said Jeremy Hare, principal researcher and founder of the consulting firm that conducted the study. “The findings clearly show that early regulatory planning is as critical as product development.”

KEY FINDINGS HIGHLIGHT ACTIONABLE INSIGHTS

The comprehensive analysis, titled “Bridging the Compliance Gap: Critical Strategies for Fintech Success in 2025,” revealed several key insights for industry stakeholders:

Regulatory preparation in pre-seed stage increased survival rates by 64%Banking partnership integration issues caused 42% of failures among technically viable productsCross-border compliance challenges were the primary failure point for 58% of international expansion attemptsStartups with regulatory experts on their founding teams secured funding 2.8 times faster than those without

The report emerges as fintech investment reached $53 billion globally in 2024, despite ongoing concerns about regulatory uncertainty in the sector.

PRACTICAL FRAMEWORKS FOR IMPLEMENTATION

“This isn’t just academic research—it’s designed to provide practical, implementable strategies,” explained Hare, who previously managed hedge fund investments and covered financial markets for major news outlets. “We’ve created actionable frameworks specifically for fintech founders navigating their first regulatory hurdles.”

The study includes a regulatory roadmap template and partnership development toolkit, available as free downloads for industry professionals from the firm’s website.

Hare Strategy Group, founded in 2023, specializes in helping companies identify and navigate regulatory challenges in financial technology. The firm developed the research over a six-month period, including interviews with founders, regulators, and venture capital firms active in the fintech ecosystem.

“The timing of this research aligns with Q2 planning cycles when many fintech companies reassess their regulatory strategies,” added Hare. “We’re seeing increased interest from venture firms who want portfolio companies to address these issues earlier in their development.”

The executive summary and full report are available at www.harestrategygroup.com/fintech-report.

MEDIA CONTACT:
Media Relations
Hare Strategy Group
Los Angeles, CA
213-900-7426

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SOURCE Hare Strategy Group