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76% of Nordic Consumers Say Temu Strengthens Competition and Lowers Prices as It Marks Two Years in the Region

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DUBLIN, March 27, 2025 /PRNewswire/ — More than 3 in 4 Nordic consumers say Temu is driving price transparency and competition in the region, with over one-third of respondents calling the impact significant, according to a new survey by Kantar Media.

The survey, supported by Temu, polled over 4,000 consumers across Sweden, Norway, Denmark, and Finland, highlighting the platform’s role in increasing access to affordable, quality products while offering consumers greater choice.

The main findings include:

Brand Awareness:

86% of Nordic consumers have either shopped on Temu or are familiar with the platform.

Affordability as a Key Advantage:

50% of respondents identified Temu’s competitive pricing as its biggest strength.

Unique Product Selection:

65% of Nordic shoppers said they discovered items on Temu that are difficult to find elsewhere, with the sentiment strongest in Finland (73%).

Making Shopping More Accessible:

Over 50% of Nordic residents say they cannot buy all essential items within walking distance, and nearly 30% must drive to the nearest store, with Finland facing the biggest challenge—only 19% have a store within walking distance.

Bringing Unaffordable Products Within Reach:

43% of Finnish consumers say Temu makes previously unaffordable products accessible.

“We’re honored that so many Nordic consumers have embraced Temu as a smarter way to shop,” said a Temu spokesperson. “In a time when people are looking to make their money go further, we’re proud to help make everyday essentials and unique finds more affordable and accessible. As we mark our second anniversary in the Nordics, we remain committed to delivering unbeatable value and expanding choices for consumers across the region.” 

Launched in the U.S. in September 2022, Temu has since expanded to over 90 markets across the Americas, Europe, the Middle East, Africa, Asia, and Oceania.

“There is no doubt that Temu is pushing prices downwards in the Nordic markets, making products less expensive for consumers just by their appearance,” said Peter Nordgaard, supply chain expert and author of Supply Chain ABC 2025. “Temu is also part of a broader shift to online markets. We sometimes tend to forget that outside the bigger cities, consumers have to move distances to do their shopping. Temu is bringing the world of their products close to customers, no matter how far away from the city you live.”

Since its European launch in April 2023, Temu has gained widespread popularity in the Nordics for its ultra-competitive prices. By connecting consumers directly with cost-efficient manufacturers, the platform eliminates middlemen and reduces costs.

The Kantar survey also asked respondents to rank their top reasons for choosing Temu. The four most-cited factors were competitive prices, a wide product selection, unique finds, and free shipping.

“Low price does not always equal poor quality. I believe some get it wrong here. It’s often the exact same products available elsewhere, but without the middlemen. It’s maybe not what you want to hear but it’s often the truth,” said Bengt Wessborg, a Stockholm-based e-commerce expert.

“The fact that 86% of consumers are aware of or have interacted with Temu in some way within a relatively short timeframe of its Nordic market entry is a significant indicator of rapid market penetration. Notably, awareness in Denmark is even higher at 88%,” said Andre Veskimeister, logistics veteran and smart lockers expert.

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Sungrow ESS Experience Day Munich: Accelerating to a Sustainable Future for Europe

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As Energy Storage holds a key role in the support of the grid and energy transition efforts, Sungrow’s ESS Experience Day in Munich was a insightful opportunity for leading experts across Europe to exchange thoughts on this crucial topic towards a sustainable future.The event was followed by almost 300 attendees and covered a broad range of topics, relevant to the technological, business and safety implications of ESS.

MUNICH, March 31, 2025 /PRNewswire/ — Reconfirming its commitment to supporting its partners and driving the transition to a clean and sustainable future, Sungrow successfully hosted the ESS Experience Day in Munich on the 20th of March, bringing together industry experts, partners, and stakeholders to explore the latest advancements in Energy Storage Systems (ESS). The event underscored Sungrow’s devotion to driving the transition towards a more resilient, stable, and renewable-powered energy landscape across Europe.

Energy Storage: A Cornerstone for Europe’s Renewable Future

As Europe accelerates its shift to renewable energy, the need for grid stability and flexibility has never been greater. Energy Storage Systems play a critical role in balancing supply and demand, enabling a higher penetration of renewables into the grid. By 2030, Europe aims to generate at least 45% of its energy from renewable sources, according to the European Commission’s REPowerEU plan[1].

However, intermittent generation from solar and wind requires advanced storage solutions to maintain grid stability and prevent curtailment. The deployment of ESS projects requires advanced technologies, but also strong collaboration between involved parties and devoted teams of experts that secure the swift and efficient operations, as Mr. Shawn Shi, Vice President of Sungrow and President of Sungrow Europe emphasized in his speech that opened the event. “The outstanding result that made possible the commercial operation of the BW ESS Bramley 331MWh project in just 12 days after the grid energization, reflects not only the technical innovation of PowerTitan 2.0, It is also a reflection of our excellent delivery management capabilities and close collaboration with our partners.”

An Evening Full of Insights and Meaningful Discussions

The event in Munich acted as a platform to exchange in-depth knowledge and thoughts by experts of the industry, case studies, while the almost 300 attendees had also the opportunity to experience hands-on demonstrations of Sungrow’s state-of-the-art latest battery storage systems, the liquid-cooled PowerStack 200CS and PowerTitan 2.0.

One of the highlights of the event was the presentation, “Policies & Trends of Battery Storage” by Mr. Antonio Arruebo, Market Analyst at SolarPower Europe (SPE), which included an exclusive preview of preliminary figures from the SPE Battery Outlook, the leading report about the current and future development of the field, that will be officially published at Intersolar in May 2025. Mr. Arruebo underlined the need for flexibility of the grid, predicting that EU power flexibility needs to increase five-fold by 2030 and batteries & demand response can meet 2/3 of the flexibility requirements. At the same time, the forecast beyond 2024, is that the European BESS market is expected to expand by 30-40% year on year to reach 260 GWh by 2028, while the high scenario by SPE foresees that this figure could reach up to 400 GWh by the same year.  

The agenda of the event covered a broad range of issues related to the ESS and energy transition, including the latest developments on Grid Forming Capabilities by Dr. Ivan Volodin, ESS Product Manager at Sungrow Europe, and the impressive PowerTitan 2.0 Large-scale Burn Test presented by Mr. Yang Ye, Senior Technical Marketing Manager at Sungrow OSKA, showcasing the latest developments on the BESS safety. Moreover, Mr. Andres Doebel, Head of ESS for the DACH region at Sungrow Europe emphasized in his speech the crucial aspect of the one-brand solution in securing a successful ESS project and Mr. Robert Von Wahl, Director of Sungrow EV Charging Europe, analysed the opportunities that ESS holds also for the crucial role of EV charging infrastructure and operation in Europe.

The event hosted also the presentation of two case studies, showcasing two milestone ESS projects in the region, the Bramley 100MW/331MWh ESS project by BW ESS in the UK and the Vilvoorde 200MW/800MWh ESS project by Engie in Belgium. Dr. James Li, ESS Director Europe of Sungrow, highlighted the successful delivery story of the Bramley BESS project, while Mr. Dries Herman, Technical Project Manager of the Vilvoorde project draw attention on the key factor of flexibility to deploy more renewable energy and fight negative prices and price volatility.        

Finally, the panel discussion, with the ESS Analyst Mrs. Starry Ce, the Vice President of Strategy and Development of the Griffin Group Energy Mr. Adam Zalewski, the Director of Product and Supply Chain of Kyon Energy Mr. Florian Diehm, the CCO of Entrix Mr. Lars Löhle and Dr. Stefan Zhao, Director of Sungrow European Research Institute, conclude the main part of the event, with a valuable debate on the challenges and opportunities that the present and future holds on ESS development and energy transition.

As the global energy storage market is bolstered by an annual growth rate of 21% to 137GW/442GWh by 2030 (BloombergNEF[2]), the Europe emerging as a key driver of growth. Events like the ESS Experience Day in Munich serve as crucial platforms for knowledge-sharing and fostering partnerships that accelerate the deployment of storage technologies. The success of the ESS Experience Day in Munich marks another milestone in Sungrow’s mission to lead the renewable energy transition with reliable, efficient, and sustainable storage technologies and services.

https://energy.ec.europa.eu/topics/renewable-energy/renewable-energy-directive-targets-and-rules/renewable-energy-targets_enhttps://about.bnef.com/blog/global-energy-storage-market-records-biggest-jump-yet/

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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Asian Industrial Online Exhibition 2025: Your Gateway to Premier Asian Industrial Suppliers and Global Sourcing Opportunities

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TAIPEI, March 31, 2025 /PRNewswire/ — The Asian Industrial Online Exhibition 2025 (AIOE 2025) is set to return from March 31 to July 31, 2025, offering international buyers an exclusive opportunity to explore Asia’s top industrial manufacturers—all in one place, without the constraints of geography or time. This four-month hybrid exhibition, co-organized by AsianNet and TradeAsia (www.e-tradeasia.com), is designed specifically to meet the growing needs of global buyers seeking reliable suppliers, advanced technologies, and efficient sourcing solutions from across Asia.

Since its successful debut in 2022, AIOE has continued to deliver outstanding results for both buyers and exhibitors. For 2025, the exhibition will expand its reach with a four-month duration, strategically aligned with major global industrial events such as Hannover Messe, Global Industrie, Automate 2025, and Manufacturing World Tokyo. This synchronized timing allows buyers to explore and compare solutions from multiple regions in one procurement cycle—maximizing efficiency and market visibility.

AIOE 2025 features a robust lineup of respected Taiwanese manufacturers, including industry leaders such as ASCCO INTERNATIONALZITAI PRECISION MACHINERY, TW GRANDEUR MACHINERY, SAN SHING MACHINERY, U-CAN DYNATEX, KINGDOM ABRASIVE, JESPER PET, OAV EQUIPMENT & TOOLS, UNITRONIC AUTOMATION, CHU-SHIANG INDUSTRIAL, SHANG-YUH MACHINE, KINGDOM MACHINERY, CHUEN CHARNG, YNG YUH ELECTRONIC, and many more. These companies will present thousands of the latest industrial products and technologies, covering a wide array of sectors crucial to modern manufacturing and production.

Buyers can explore everything from bearings, castings, and mold-making components to general industrial equipment and mechanical parts. The exhibition also includes cutting-edge solutions in machine tools, metalworking systems, and mining and metallurgy machinery. In addition, it showcases advanced testing instruments, precision measurement devices, automation technologies, and essential industrial electronics such as power supply units, electromechanical components, and industrial computers. Packaging machinery and supporting equipment are also well represented, ensuring buyers have access to complete sourcing solutions across the entire industrial supply chain.

Visit the Online Exhibition:
https://www.etradeasia.com/online-show/40/Asian-Industrial-Online-Exhibition-2025.html 

In response to the evolving landscape of global trade, AIOE 2025 introduces a wide range of virtual solutions to make participation effortless for buyers worldwide. Through dedicated exhibitor pages, digital catalogs, and virtual booths—all fully integrated with the TradeAsia platform—buyers can easily browse products and send inquiries in real time. This setup removes traditional barriers such as travel restrictions, while significantly accelerating the supplier discovery and purchasing process.

Since its founding in 1997, TradeAsia (www.e-tradeasia.com) has become a trusted B2B trade platform connecting millions of global buyers with over 600,000 verified suppliers. With its vast product database and strategic alliances with international trade organizations, TradeAsia empowers sourcing professionals to efficiently explore product options, compare suppliers, and expand their global purchasing network.

AIOE 2025 is more than just an exhibition—it’s a dynamic sourcing ecosystem tailored for global buyers looking to contaiwnect with Asia’s top suppliers and stay ahead in the industrial marketplace. Don’t miss the opportunity to explore, inquire, and source from thousands of products—all from the convenience of your screen.

Media Contact:
Doreen Chen
Marketing Manager, TradeAsia
Email: service@etradeasia.com 

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SOURCE TradeAsia

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Slenergy Unveils Advanced C&I Energy Storage System SL50/128CH3-W, Enhancing Global Sustainable Energy Solutions

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FRANKFURT, Germany, March 31, 2025 /PRNewswire/ — Slenergy Technology, a global leader in sustainable smart energy solutions, today announced its cutting-edge Commercial & Industrial (C&I) Energy Storage System, the SL50/128CH3-W, designed to empower businesses with reliable, scalable, and cost-efficient energy management. This innovation underscores Slenergy’s commitment to driving energy independence through advanced technology and integrated systems.

About Slenergy Technology
Founded in 2023 by pioneers in solar energy, Slenergy has rapidly emerged as a key player in the renewable energy sector. With R&D centers in Germany and China, a state-of-the-art manufacturing base in Chuzhou, and a global footprint spanning Europe, Asia, the company delivers end-to-end solutions for residential, commercial, and utility-scale applications. Slenergy’s portfolio includes inverters, energy storage systems (ESS), and smart energy management platforms, backed by over GW of inverter capacity and GWh of energy storage deployments worldwide.

SL50/128CH3-W: Redefining C&I Energy Storage
The SL50/128CH3-W is engineered to meet the rigorous demands of commercial and industrial energy users, combining safety, efficiency, and flexibility. Key features include:

1.  Unmatched Safety

Triple Protection: Space-grade fire protection, water-based fire suppression, and vented explosion design.Intelligent Monitoring: Integrated smoke, temperature, and gas detectors with real-time alarms.EV-Grade Battery Cells: Rigorous screening of LFP (LiFePO4) cells ensures longevity and consistency.

2.  High Efficiency & Thermal Management

Liquid Cooling Technology: Maintains cell temperature difference below 21°C, optimizing performance even in extreme conditions (-35°C to +55°C).98.5% Conversion Efficiency: Three-level topology maximizes energy output while minimizing losses.

3.  Scalability & Ease of Use

Modular Design: Pre-integrated BMS, inverter, and PACK components enable rapid deployment and maintenance.Flexible Expansion: Supports up to 10 parallel cabinets, scaling from 50 kW to 500 kW to match evolving energy needs.

4.  Cost Savings & Sustainability

Peak Shaving: Reduces grid dependency and electricity costs through intelligent load management.8,000+ Life Cycles: Ensures long-term ROI with minimal degradation (70% SOH at 25°C, 0.5C rate).

Technical Highlights

Rated Power: 50 kW | Max. AC Output: 55 kWBattery Capacity: 128 kWh per cabinet (12BkWh/IP128S configuration)Grid Compliance: Meets IEC 61850, EN 50549-1, and global safety standards (IP55 protection).Smart Integration: Compatible with third-party EMS and Slenergy’s Smart M platform for real-time monitoring and remote upgrades.

Global Support & Sustainability Commitment
Slenergy’s vertically integrated supply chain and smart manufacturing processes—featuring AI-driven quality control and digital twin simulations—ensure product reliability. The company’s 24/7 service network, with localized warehouses and rapid response teams, guarantees uninterrupted support for global clients.

“The SL50/128CH3-W exemplifies our mission to make sustainable energy accessible and efficient for businesses,” said Mr. Lu Guangzhen, Slenergy’s Global Product Director. “By merging safety, scalability, and smart technology, we’re helping enterprises worldwide achieve energy resilience and reduce carbon footprints.”

For more information, visit www.slenergy.com or contact marketing@slenergy.com.

About Slenergy Technology
Slenergy Technology specializes in solar inverters, energy storage systems, and smart energy solutions. Headquartered in China, the company operates across 15+ countries, supported by R&D innovation and a commitment to a zero-carbon future.

Media Contact:
Molly Ge
Marketing Director
Slenergy Technology GmbH
+49 1514 7315636

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