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dVIN Labs Launches dVIN Protocol from Stealth to Tokenize the $1T Wine Asset Class

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dVIN Labs launches the dVIN protocol from stealth to unify the $1T wine asset class through data, DePIN and tokenization.

Coinciding with dVIN’s launch is the start of the Cellar Challenge Where Users Earn Points for Tokenizing Their Own Wine Collection & Sharing Wine with Friends

NEW YORK, July 24, 2024 /PRNewswire/ — dVIN Labs, the development team behind the dVIN protocol, today announced the launch of the dVIN Protocol (“dVIN” or the Protocol) from stealth. The dVIN protocol is built on Solana and is designed to leverage a combination of data, DePIN and tokenization to bring wine, a $1T real world asset class, on-chain.

David Garrett, Co-Founder & CEO of dVIN Labs, commented on the news, “We’re thrilled to announce the launch of dVIN Labs’s first protocol, dVIN, from stealth. By transforming each bottle into a unique digital asset, the tokenization of luxury wine enhances the social and economic dimensions of wine collecting and investing.”

The launch of dVIN is marked by the introduction of the Cellar Challenge, an initiative that enables participants to earn points by tokenizing bottles from their home cellar, and then opening those bottles and sharing each bottle with up to 12 friends to earn Tasting Tokens. Exclusive to dVIN, Tasting Token™ NFTs (“Tasting Tokens”) are functional NFTs connected to a Digital Cork™ NFT (“Digital Cork”). When a bottle is tokenized, it’s linked to a Digital Cork NFT on the blockchain. Tasting Tokens are minted when these bottles are opened and the Digital Cork is destroyed.

Collecting Tasting Tokens grants access to exclusive experiences and special rewards from winemakers. Over time, these NFTs serve as an immersive virtual tasting journal, allowing winemakers to engage directly with consumers at the moment of enjoyment and offer tailored incentives. The Cellar Challenge will not only generate valuable data but also facilitate the rapid acquisition of new users. Additionally by unlocking “Beast Mode,” luxury wine enthusiasts can rack up additional points in the challenge by competing to conquer one of the five leaderboards.

Club dVIN (or “the Club”), is the world’s premier global wine club providing members access to unparalleled wine experiences and exclusive benefits. The Club’s ~1,000 early adopters along with several of dVIN’s partner communities – including RealVision, CryptoMondays, Friends with Benefits, Madlads among others – will have the ability to join the Cellar Challenge early. For instance, RealVision ProCrypto members will receive special access and points, with every member getting at least 12,000 points if they join the challenge, and can earn up to 48,000 points if they complete all the quests!

Points accumulated in the Cellar Challenge will translate to a $VIN airdrop at the time of the token launch in Q3 2024 and others to be announced. For more information on the mechanics of the $VIN Token, see the $VIN Whitepaper.

Garrett concluded, “The Cellar Challenge will help wine enthusiasts engage with their collections and share their experiences, serving as both a sandbox and proof of concept, to showcase the capabilities of dVIN.”

dVIN Labs also recently partnered with SegMint GmbH (“SegMint”), a digital assets management platform, to fractionalize 12 bottles (0.75L) of Weingut Egon Müller 2022 Riesling Scharzhofberger Auslese, making them for sale via the platform here. Egon Müller is the only German producer to belong to the world’s most exclusive alliance of the 12 best family-owned wineries, Primum Familiae Vini, and its wines are some of the most coveted and collectible in the world, but also among the most costly ounce for ounce.

Which makes these bottles ideal first candidates for the first set of luxury wines offered as a more reasonable fractionalized investment via the SegMint platform. This is the first of many luxury wine listings that dVIN Labs plans to organize with luxury wine listings planned for RWA marketplaces like Jupiter’s Giant Unified Marketplace (“GUM”) and others to be announced.

About dVIN Labs:
dVIN Labs is the development team behind the dVIN protocol which is designed to leverage a combination of data, DePIN and tokenization to bring wine, a $1T real world asset class, on-chain. The dVIN Protocol leverages blockchain technology to both allow wine enthusiasts to monetize their data and be rewarded for their wine activity, purchases, and loyalty. While winemakers simultaneously incentivize these wine lovers to share consumption data and personal data in order to drive deeper consumer relationships, making their businesses more responsive, efficient and profitable. To learn more about dVIN Labs and the dVIN Protocol, please visit: https://dvinlabs.com

MEDIA CONTACT
M Group Strategic Communications for dVIN Labs
dvin@mgroupsc.com

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SOURCE dVIN Labs

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Sungrow Liquid-Cooled ESS PowerTitan 2.0 is Set to Unleash the AC Block Era

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LONDON, Sept. 28, 2024 /PRNewswire/ — Recently, 66 sets of Sungrow’s energy storage system, PowerTitan 2.0, arrived in the UK, demonstrating its acceleration of energy storage deployment in Europe. In the Middle East, over 1,500 sets of PowerTitan 2.0 are set for deployment, contributing to one of the world’s largest energy storage projects with a capacity of 7.8 GWh. Similarly, in Asia, multiple PowerTitan 2.0 projects have been successfully commissioned, showcasing impressive performance in cost reduction, safety, grid forming, etc. PowerTitan 2.0 is being rapidly gaining global traction, pioneering the energy storage industry’s transition into the AC Block era.

What is the AC Block?

PowerTitan 2.0 introduces the revolutionary AC Block, which integrates a 5 MWh battery with a 2.5 MW PCS into a standard 20-foot container, a significant departure from the traditional method of separating direct current battery systems and alternating current PCS systems. This integration goes beyond just rearranging components; it involves efficiently combining the battery, PCS, fire suppression systems, and other modules while pushing the boundaries of spatial design. According to a report by S&P Global Commodity Insight, only three companies worldwide, including Sungrow, currently provide authentic AC Block solutions.

Dr. James Li, Sungrow ESS Director for Europe, stated that the success of PowerTitan 2.0 is significantly attributed to Sungrow’s fully self-developed PACK/BMS/PCS/EMS technologies, driving innovation through a foundational logic and holistic design approach. Moreover, PowerTitan 2.0 revolutionizes PACK structures and production processes, reducing the width of each PACK by 40mm for a more compact layout. Additionally, each cabinet houses 12 small standardized PCS units, matching the size specifications of PACKs for efficient space utilization. These benefits and innovations make the AC Block concept feasible.

With a more compact structure, increased heat dissipation challenges arise. PowerTitan 2.0 addresses this with a Fully Liquid-Cooled solution for battery PACKs and PCS units, ensuring rapid heat dissipation and extending system longevity.

The AC Block: An Optimal Choice

“In the operational projects, PowerTitan 2.0 demonstrates its exceptional competitiveness,” said Dr. James Li. It saves 29% on land usage, requiring only 2000 square meters for a hundred-megawatt-hour system, significantly reducing land costs. The all-in-one AC-DC block design streamlines deployment with embedded PCSs, pre-assembled components, MVT, and comprehensive factory testing to reduce installation time onsite.

Thanks to its innovative AC-DC block design, PowerTitan 2.0 increases the system’s round-trip efficiency (RTE) by 2%, boosts the total discharge volume over the entire lifecycle by 8%, and reduces fault losses by 92%. Moreover, standardized short cable connections between batteries and PCS in a fully liquid-cooled cabinet, along with advanced AI-based battery health management and ArcDefender Technology, effectively minimize thermal runaway and arcing risks, ensuring overall cabinet safety.

The system also incorporates the latest Stem Cell Grid Tech, enabling seamless 0ms grid switching, and active harmonic absorption. It has been widely deployed in global projects such as the SPP Hybrid project in Thailand, the Dalia project in the Middle East, and China’s offshore grid-forming energy storage project in Guangxi. The solution plays a vital role in supporting the smooth operation of new power systems. Notably, PowerTitan 2.0 operates with low noise levels below 75 dBA, utilizing carefully selected biodegradable or renewable transformer oil, refrigerants, and fire extinguishing agents, aligning with environmental sustainability.

Looking ahead, with continuous product innovation and further cost reductions, AC Blocks represented by PowerTitan 2.0 will become the optimal choice in the energy storage market and driving the global energy transition.

Contact:
Mina Zhang
mina.zhang@cn.sungrowpower.com

Logo – https://mma.prnewswire.com/media/1344575/Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/sungrow-liquid-cooled-ess-powertitan-2-0-is-set-to-unleash-the-ac-block-era-302261707.html

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Closer China-ASEAN cooperation boosts regional high-quality development

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NANNING, China, Sept. 28, 2024 /PRNewswire/ — A news report from Beijing Review:

Viet Nam’s aromatic Trung Nguyen coffee, Malaysia’s Musang King durian, Thailand’s fragrant jasmine rice and Laos’ refreshing beer—what do they all have in common?

The answer is they’ve all made an entrance into the vast Chinese market through the China-ASEAN Expo (CAEXPO), earning rave reviews from delighted consumers.

On September 24, the 21st CAEXPO and China-ASEAN Business and Investment Summit kicked off in Nanning, Guangxi Zhuang Autonomous Region. Like a foodie’s fantasy come true and a business bonanza wrapped into one, the expo promised not just to tantalize taste buds but also to turbocharge trade ties between China and its Southeast Asian neighbors.

In addressing the opening ceremony, Chinese Vice Premier Ding Xuexiang said interactions between China and ASEAN have served as the most successful and dynamic model of cooperation in the Asia-Pacific region, and are a vivid example of the building of a community with a shared future for humanity.

Along with the flourishing ties, the expo has become an important supplement to the 10 Plus One cooperation framework between China and ASEAN, providing strong support for regional high-quality development, Luo Yongkun, Deputy Director of the Institute of Southeast Asia and Oceania Studies at the China Institutes of Contemporary International Relations, told Beijing Review.

The expo has been standing as a testament to the enduring friendship, cooperation and shared prosperity between China and ASEAN countries over the years, Kao Kim Hourn, Secretary General of ASEAN, said at the opening ceremony, adding that since its inception in 2004, the event has evolved into an important platform for dialogue, cooperation and development, covering sectors such as infrastructure, agriculture, technology, education and tourism.

China considers ASEAN a priority in its neighborhood diplomacy and a key region in high-quality Belt and Road cooperation,” Ding said. “ASEAN countries, on their part, see in China a trustworthy and close partner.”

The shared values of peace, cooperation and mutual respect between China and ASEAN form the foundation of their partnership, Vongsey Vissoth, Deputy Prime Minister of Cambodia, said, adding he believes that the two sides can achieve more fruitful results through their cooperation in trade and economy, with the China-ASEAN Free Trade Area bringing new opportunities.

China has been ASEAN’s largest trading partner for 15 consecutive years, while ASEAN has been China’s top trading partner since 2020. The cumulative two-way investment has exceeded $400 billion, according to China’s Ministry of Commerce.

The CAEXPO has made important contributions to the economic integration between ASEAN and China, facilitating investment flows and cross-border economic opportunities, laying the foundation for building a more connected, resilient and dynamic region, Kao said.

In 2010, the China-ASEAN Free Trade Area was officially launched, opening a channel for ASEAN enterprises to gain more efficient and convenient access to the Chinese market.

China’s Vice Minister of Commerce Li Fei said mutually beneficial cooperation between China and ASEAN countries has reached new levels.

Bilateral economic and trade cooperation has continued to upgrade over the years, with positive progress achieved in negotiations for version 3.0 of the China-ASEAN Free Trade Area, he added.

As early as 2015, China and ASEAN initiated the construction of the China-ASEAN Information Harbor to cultivate new drivers of economic development. Today, nearly 20 projects across nine ASEAN countries in fields such as digital government, digital industries and new communications have been conducted under the framework, Luo said.

“We need to leverage the harbor to promote digital connectivity and information sharing, and work for a digital Silk Road,” Ding said in his speech.

At this year’s CAEXPO, a new section was conducted to highlight strategic emerging industries, showcasing the latest progresses and technologies in fields such as digital technology, new energy and intelligent connected vehicles.

Leading Chinese green technology companies are also working closely with ASEAN enterprises and investing in new facilities to produce innovative and locally adapted products, contributing to ASEAN’s green transition.

The ongoing efforts to advance the China-ASEAN Free Trade Area 3.0 will lead to a broader opening up in investment and services trade, Lei Xiaohua, a researcher with the Southeast Asia Research Institute at the Guangxi Academy of Social Sciences, said, adding that the CAEXPO will be endowed with a new mission in future regional industrial and supply chain cooperation.

View original content:https://www.prnewswire.com/apac/news-releases/closer-china-asean-cooperation-boosts-regional-high-quality-development-302261693.html

SOURCE Beijing Review

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American Solar Energy Society Launches National Solar Tour App for Attendees

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BOULDER, Colo., Sept. 28, 2024 /PRNewswire/ — The American Solar Energy Society (ASES) has launched the brand-new National Solar Tour App, now available for download on both the Apple App Store and Google Play Store. This cutting-edge app is designed to enhance the experience for attendees of the National Solar Tour, providing a streamlined way to explore and engage with solar and other clean energy installations and sustainable technologies across the country.

The National Solar Tour is the largest grassroots solar event in the United States, connecting thousands of people to learn about solar energy and sustainable solutions from those who live and work with it every day. The showcase weekend traditionally takes place the first weekend in October but is held virtually throughout the year. The new app will make attending the tour even more accessible and interactive for clean energy enthusiasts wanting to learn more about solar energy.

Key Features of the National Solar Tour App:

Interactive Map: Easily browse the ASES National Solar Tour map to find examples of the many types of solar energy and other energy-saving technology near you.RSVP to In-Person Tours: Conveniently RSVP to in-person events and plan your tour stops.Seamless Navigation: Effortlessly navigate to tour sites using your favorite maps app.

“This app opens new doors for clean energy supporters to connect with solar innovations firsthand,” says Carly Rixham, Executive Director of the American Solar Energy Society. “It’s designed to create an engaging experience for tour attendees and make the discovery of local solar projects even more accessible and exciting.”

The app is only intended for National Solar Tour attendees. Tour hosts should continue managing their site and event listings through the existing web portal at map.nationalsolartour.org.

Whether you’re a homeowner curious about installing solar panels or a business interested in adopting clean energy solutions, the National Solar Tour App will guide you to events and installations that inspire sustainable action.

Download the App Today:

Apple App Store: Download for iOSGoogle Play Store: Download for Android

For more information, visit nationalsolartour.org and follow us on social media for updates. The main showcase weekend is October 4-6, but tours take place all throughout the year and can be found on the National Solar Tour Map.

About American Solar Energy Society
The American Solar Energy Society (ASES) is a leading nonprofit advocating for sustainable living and 100% renewable energy. Since 1954, ASES has worked to accelerate the transition to a renewable energy economy through education, policy advocacy, and community events, including the annual National Solar Tour, annual National Solar Conference, and Solar Today Magazine.

Contact Information
For media inquiries, please contact:
solartour@ases.org
303-443-3130
Website: https://www.ases.org

 

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SOURCE American Solar Energy Society

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