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Sungrow Shares 10 Major Technological Trends in Renewable Energy Industry

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SHANGHAI, June 14, 2024 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, shared 10 major technological trends at the recent Ph.D Talk event in Shanghai. With an investment of 2.45 billion yuan (approximately 347 million) in R&D throughout 2023, the company stands at the forefront of technological innovation. Embracing their brand-new tagline “Bridge to a Sustainable Future”, Sungrow is dedicated to bridging the gap and making clean energy accessible to everyone.

Ph.D. Xu Jun, Vice President of Sungrow Research Center, highlighted 10 Major Technological Trends at Ph.D. Talk:

The Application of New Semiconductor Devices
To achieve net-zero carbon emissions, advancements in energy generation, transmission, and conversion efficiency are crucial. According to Diamfab, diamond has the potential to become the ultimate WBG semiconductor material for high-power electronics. Diamond possesses ideal characteristics for high-voltage operation, high-temperature applications, and high-frequency switching, with a critical electric field 30 times higher than Si and 3 times higher than SiC.

The Extended Utilization of Solid-State Transformer (SST) Technology and Medium-Voltage Photovoltaic (PV) Inverters
The medium-voltage PV power generation system based on SST technology offers a higher power density compared to traditional solutions, with an overall improvement in conversion efficiency. In the future, SST technology may find applications in MW-level charging stations, HVDC power supply systems for data centers, energy routers, and more. Notably, Sungrow developed the world’s first 35kV SST-based PV inverter in 2022.

Further Enhancement of Direct Current (DC) Voltage Level in PV Systems
The increase of DC voltage in PV systems not only increases power density and efficiency but also reduces infrastructure and maintenance costs. Notably, Sungrow achieved a groundbreaking milestone by becoming the world’s first company to introduce the 2000V solar-plus-storage high-voltage system and successfully integrating it into the grid in Yulin, Shaanxi.

Improving the Overall Lifecycle Efficiency of PV Power Plants through Digitization and AI
Sungrow has introduced the concept of DEPCO (Development, Engineering, Procurement, Construction, Operation), bringing about comprehensive digitization to renewable energy power plants. The company has developed cutting-edge software solutions, namely iSolarTool for optimizing the design of large-scale PV power plants, and iSolarBP for commercial and industrial PV assessment and design. By leveraging AI intelligence, these innovative tools enable end-to-end system optimization, effectively boosting the efficiency and profitability of renewable energy development. Currently, these solutions are in the industry trial phase.

“PE Agent,” a Power Electronic Designer Based on Large Language Model (LLM)
During the energy transition, AI intelligence will play an increasingly significant role. PE Agent  can facilitate seamless communication between AI and AI, as well as between AI and humans, enabling intelligent management of the entire process of power electronics design and achieving “self-learning” and “self-evolution.”

High Voltage Direct Current (HVDC) Technology
HVDC systems provide faster active power flow control compared to the more established CSC-HVDC technology. Additionally, they offer flexible and enhanced reactive power controllability at both converter terminals.

Source-Grid-Load-Storage Integration: Driving the Rapid Development of Energy Bases and Future Urban Construction
The construction strategy for the source-grid-load-storage operation mode in renewable energy integration can leverage multiple energy sources, enhance grid capacity for renewable energy integration and economic efficiency of active distribution grid operations.

Grid-Forming (GFM) Technology
GFM technology provide rapid, accurate, and standardized dynamic responses to grid faults and disturbances. It offers strong support for the stable operation of new power systems in various application scenarios.

Virtual Power Plants (VVPs)
VVPs are networks comprising small-scale energy-producing or storage devices, such as solar panels and batteries, that are aggregated to serve the electricity grid. With the consent of their owners, the energy generated by these devices can be accessed by utilities during periods of high demand or saved for future use.

Green Hydrogen
The off-grid solar-hydrogen solution, IGBT-based hydrogen production rectifier power supply, and the integration of hydrogen for complete energy self-sufficiency in residential buildings with PV and battery storage systems can further enhance energy efficiency.

 

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SOURCE Sungrow Power Supply Co., Ltd.

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Ov Finance Enhances Fintech Platform with New Intelligent Investment and Lending Features

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Ov Finance introduces expanded tools for smarter portfolio management, real-time analysis, and flexible digital lending to meet evolving market demands.

LOS ANGELES, April 27, 2025 /PRNewswire-PRWeb/ — Ov Finance has announced a major update to its financial technology platform, introducing a new suite of intelligent investment tools and digital lending features designed to support users in achieving smarter and more responsive financial decision-making. This upgrade reflects the company’s broader strategy of making modern finance more accessible, efficient, and tailored to the needs of a digital-native generation.

The enhanced platform includes advanced portfolio optimization features powered by machine learning, offering real-time insights and personalized recommendations based on market trends, individual risk tolerance, and investment goals. This upgrade enables users to make data-driven decisions and adjust their financial strategies with greater precision and flexibility.

“Modern investors are looking for tools that not only provide access to markets but also deliver insights and guidance tailored to their personal financial journey,” said a spokesperson for Ov Finance. “This update represents our commitment to offering a next-generation investment experience built on intelligent design and seamless functionality.”

In parallel, Ov Finance has also launched a fully integrated digital lending solution that enables users to access short- and medium-term financing with transparent terms and instant processing. The system is designed to remove traditional barriers such as paperwork delays and middlemen, streamlining the entire lending process into a user-first experience.

The new features also include an upgraded interface across web and mobile applications, making it easier for users to navigate, monitor performance, and take action. Key highlights include customizable dashboards, smart alerts for market movements, and automated rebalancing options to help users stay aligned with their financial targets.

Ov Finance’s platform expansion is guided by feedback from its growing global user base, as well as ongoing market analysis. The company aims to meet the needs of both individual users and institutional partners by providing a comprehensive suite of digital financial services that emphasize flexibility, security, and ease of use.

As part of its continuous improvement strategy, Ov Finance is investing in user education and financial literacy resources, including webinars, tutorials, and one-on-one advisory options. These efforts are designed to empower users with the knowledge needed to fully leverage the platform’s features and build long-term financial resilience.

With these enhancements, Ov Finance is reinforcing its role as a trusted partner for individuals and businesses seeking dynamic, user-focused financial solutions. The company plans to continue rolling out new features in the coming months, including automation tools for savings and personalized lending offers based on behavioral analytics.

As financial needs evolve, Ov Finance remains committed to helping users navigate complex economic environments with confidence, control, and clarity—through innovation, education, and a smarter approach to finance.

For more information, please visit Ov Finance.

Media Contact

Ethan Parker, Ov Finance, 1 317-979-6366, Service@ovfinance.com, https://www.ovfinance.com/

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SOURCE Ov Finance

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AutoShop Answers and Rilla Launch Groundbreaking AI Initiative — Changing the Automotive Industry Forever

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HOUSTON, April 27, 2025 /PRNewswire/ — AutoShop Answers, a leader in automotive service training and innovation, has officially partnered with Rilla, the premier AI-powered speech analytics company, to launch a groundbreaking initiative that is set to redefine the future of the auto repair industry.

This historic collaboration integrates Rilla’s advanced AI virtual ride-along and conversation analytics technology into the AutoShop Answers coaching platform, delivering a game-changing experience in customer engagement, service advisor training, and operational excellence.

Sebastian Jimenez, CEO of Rilla and NYU Stern graduate, brings a unique background — combining business acumen with a fresh approach to coaching drawn from his early stand-up comedy experience — to revolutionize how businesses train, coach, and grow. Rilla’s AI captures and analyzes real-time customer interactions, delivering actionable coaching insights hands-free.

Todd Hayes, founder of AutoShop Answers and a 30-year veteran of the auto repair industry, emphasized the significance of the launch:

“With Rilla’s AI, we’re not just training — we’re transforming. This technology allows us to coach sales calls, audit scripts, and elevate customer service like never before.”

The partnership officially debuted at AutoShop Answers’ sold-out Key to Key to Callbacks Weekend in Houston, Texas — a record-breaking, standing-room-only event filled with innovation, coaching breakthroughs, and more than 80 bursts of applause from an energized national audience.

The weekend began with a national online Strategy Saturday, hosted live by AutoShop Answers’ Glenn Piccolo. Todd Hayes then took the stage to share defining moments from his career, culminating in the official launch of AutoShop Answers AIX, powered by Rilla. Sebastian Jimenez joined the stage to introduce Rilla’s revolutionary capabilities to the automotive sector — ushering in a new high watermark for AI-powered live coaching and customer journey analysis.

The excitement continued with a special visit from Sunil Patel, CEO of Tekmetric, celebrating Tekmetric’s incredible milestone of reaching 10,000 auto shops nationwide. Congratulations were extended to both Tekmetric and ShopGenie, two of AutoShop Answers’ valued program sponsors.

The event also celebrated individual achievements, with Lynn Massengill receiving special recognition for surpassing both the $300,000 and $400,000 monthly revenue marks through AutoShop Answers coaching — truly a testament to the impact of training, innovation, and commitment.

Today, AutoShop Answers continues its momentum with the unveiling of the SPARR system, an AI-automated presentation platform that further advances their mission to empower service advisors and drive world-class customer service.

Next AutoShop Answers Key to Key to Callbacks Program: May 17–18!

Seats are already filling fast.

Learn more and register at: www.autoshopanswers.com

For more information, visit:
rilla.com
autoshopanswers.com

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SOURCE Autoshop Answers

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Appotronics Debuts Full-Vehicle Optical System at Shanghai Auto Show

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SHANGHAI, April 27, 2025 /PRNewswire/ — At Auto Shanghai 2025, Appotronics (688007.SH), the inventor of ALPD® laser display technology, unveiled its groundbreaking Lingjing Intelligent Automotive Optical System – a comprehensive solution enabling dynamic projections on any vehicle surface, both interior and exterior, including windshields, dashboards, seats, and windows. The system delivers high-luminance lighting and interactive displays, transforming vehicles into responsive ‘digital emotional spaces’ that adapt to occupants’ needs in real time.

The system spans seven key application scenarios, redefining in-vehicle functionality and user experience:

Artistic ambient lighting,Rear-seat entertainment with privacy-preserving large-screen projection,Dynamic pathway lighting that conveys mood and context,Boundary-free interactive displays on smart surfaces,Side window interfaces for human-vehicle interaction,ALL-in-ONE laser smart headlights combining illumination and display capabilities.

Yu Xin, Vice President of Appotronics, highlighted the company’s evolution in automotive innovation: “We’re moving beyond just supplying hardware to co-creating smart mobility experiences. By sharing our core technology platform, we’re collaborating with carmakers and developers to unlock new ways AI and optical tech can work together. Our goal is to turn cars from simple transport into ‘digital emotional spaces’—where every journey is tailored to its occupants, powered by AI and advanced laser tech.” This vision is already taking shape, with 13 active development orders underscoring Appotronics’ momentum in next-gen automotive optics.

Visitors can experience the technology firsthand at Hall 2.2H | Booth 2BA032 (National Exhibition and Convention Center, Shanghai) through May 2.

About Appotronics

Appotronics is the inventor of ALPD® laser display technology and one of the first companies to list on the Shanghai Stock Exchange STAR Market. From optics for cinemas, vehicles, and homes to AR glasses, Appotronics’ cutting-edge products are designed to meet the evolving needs of consumers and businesses worldwide.

Learn more at https://www.appotronics.com/

Media Contact 
Ma Chunli
machunli@appotronics.com

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SOURCE Appotronics Corporation Ltd.

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