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EcoFlow Launched Global Brand Day in Berlin, Showcasing Innovations that Empower Over One Million European Users

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DÜSSELDORF, Germany, Sept. 8, 2024 /PRNewswire/ — EcoFlow, a leader in portable power and renewable energy solutions, hosted the first EcoFlow Power Day on September 5 at the historic Industrial Museum Schöneweide in Berlin. The event, coinciding with IFA’s 100th anniversary, marked the first stop of EcoFlow’s worldwide brand initiative, offered a preview of EcoFlow’s upcoming products and technologies to users, partners, media, and influencers.

 

Harald Köhler, Product Development Manager at EcoFlow, emphasized the significance of the event: “Today is a crucial moment for EcoFlow. By hosting the first EcoFlow Power Day at this historic location, we’re not only presenting our latest innovations but also bridging the gap between the past and future of energy. Our new product line is a major step in meeting the changing needs of our customers. We’re excited to show how our commitment to simplicity, flexibility, and reliability is shaping the future of mobile and private energy solutions.”

Strengthening Commitment to the European Market with New Plans for Germany

Since entering the German market in 2020, EcoFlow has celebrated great success across Europe. With a steadily growing portfolio of solutions for portable power stations, balcony power plants, and solar systems for private households, the company has already convinced over one million* users in Europe. Recent collaborations, including partnerships with Tibber and Shelly, underscore this success. EcoFlow has been awarded several prestigious prizes such as the Deutschland Favorit Award and the German Innovation Award.

EcoFlow is pleased to further expand its presence in the German market through a new partnership with electricity provider Rabot Energy. Rabot Energy offers its customers the opportunity to significantly reduce their electricity costs through dynamic real-time stock market electricity prices. EcoFlow customers now have the choice between dynamic electricity tariffs from Rabot Energy or our first partner Tibber.

Building on this success, EcoFlow will continue to expand its relationships with local users and markets in Germany and Europe. As part of this strategy, EcoFlow plans to open its first German EcoFlow Store. Additionally, the first EcoFlow House has been built in Germany – an innovative space where customers can directly experience EcoFlow’s energy solutions. These initiatives demonstrate the company’s commitment to playing a central role in Europe’s sustainable energy landscape.

Partners Praise Innovation as Company Teases New Products for IFA 2024 Launch

Merlin Lauenburg, Managing Director for Germany at Tibber, stated: “The combination of smart energy systems and dynamic tariffs allows consumers to save costs and is an important building block of the energy transition. As a Tibber partner, EcoFlow plays an important role in helping users use electricity intelligently and cost-efficiently. We look forward to further expanding our partnership with EcoFlow to jointly shape the future of electricity use.”

Jan Rabe, CEO of Rabot Energy, added: “We are excited to work with EcoFlow, an emerging global market leader for sustainable energy solutions, to offer our dynamic electricity tariffs directly through their Home Energy Management System (HEMS). This seamless integration allows customers to optimize their energy consumption, reduce costs, and maximize the share of renewable energy. Together, we are proud to support the energy transition and bring smarter, more environmentally friendly solutions to households across Germany.”

The product innovations presented at the EcoFlow Power Day were showcased to visitors at IFA 2024 at the EcoFlow booth (Hall 2, Stand 116). The company announced that more EcoFlow Power Days will follow worldwide in the future, where interested parties can experience the latest developments and announcements.

For more information about EcoFlow and its products, please visit the website at www.ecoflow.com.

About EcoFlow

EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 3 million users in over 100 markets worldwide.

About Tibber
As a green electricity provider, Tibber helps its customers to save electricity and make a contribution to the energy transition at the same time. To do this, Tibber buys electricity on the electricity exchange and passes it on to users – plus fees and charges – without a profit margin. With this new business model, Tibber earns nothing from the kilowatt hour consumed. Instead, the Tibber app not only offers transparency, but also the right tools with which Tibber’s customers can reduce their own consumption. Tibber was founded in 2016 by Daniel Lindén and Edgeir Vårdal Aksnes and currently operates in Germany, Norway, Sweden and the Netherlands. Read more at www.tibber.com.

About Rabot
Rabot Energy, founded in Germany in 2021, offers dynamic electricity tariffs with 100% green electricity. Through AI-based optimization and passing on wholesale prices, customers can reduce their electricity costs by up to 40%. The app enables intelligent control of smart home devices. Rabot Energy supports households and businesses in the energy transition and increases the share of green electricity in energy consumption. With over 50,000 customers and more than 100 employees at locations in Berlin, Hamburg, and Munich, Rabot Energy is driving the sustainable energy future forward. More information at www.rabot-charge.de.

*The data is derived from internal reports.

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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KuCoin’s Alicia Kao Shares Insights on How AI is Accelerating Mass Crypto Adoption at TOKEN2049 Singapore

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September 20, 2024

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VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.”

Industry stakeholders from all groups were in attendance for the panel, comprising investors, crypto enthusiasts, and more. The focus was on the crucial role of cryptocurrency exchanges in paving the way for crypto adoption and the eventual integration of digital assets into mainstream financial systems. Alicia and her fellow panelists explored both the challenges and opportunities that lay ahead for the crypto industry.

Alongside Alicia, the panel also featured leaders from leading crypto exchanges such as Ben Zhou, Co-Founder and CEO of Bybit; Gracy Chen, CEO of Bitget; Vivien Lin, Chief Product Officer of BingX; and Sonia Shaw, President of CoinW, and moderated by Michael Casey, Chairman of the Decentralized AI Society.

In addition to the panel discussion, KuCoin cemented its position as a leading centralised exchange (CEX) with a prominent presence on the show floor and activations that showcased the platform’s latest developments. The KuCoin Arcade also drew significant attention, offering an engaging and immersive experience with interactive crypto-themed games and activities.

“As we wrap up another edition of TOKEN2049 in Singapore, I’m once again filled with optimism for the future of the crypto industry. The energy, innovation, and collaboration displayed over the past two days have been immensely inspiring. At KuCoin, we will continue striving to be the driving force in this ever evolving space to build a more inclusive, decentralised, and prosperous financial future” added Alicia as TOKEN2049 concluded.

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 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 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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SOURCE KuCoin

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PayPal Ventures Reinforces Support of Chaos Labs with Additional Investment

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59 mins ago

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September 20, 2024

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — Today, PayPal Ventures, the global venture capital arm of PayPal, announced an additional investment in Chaos Labs, an industry leader in onchain risk management. This investment underscores PayPal Ventures’ confidence in Chaos Labs’ potential and their blockchain products.

Chaos Labs’ recent launch of Edge, a new decentralized oracle protocol, has garnered significant attention within the industry. Edge has already secured a remarkable $30B over the last 2 months and has been adopted by leading exchanges such as Jupiter, the top perpetuals exchange on Solana, and GMX, the leading exchange on Arbitrum.

Edge offers a comprehensive, low-latency oracle solution, combining accurate price data with actionable market intelligence. Its advanced architecture ensures the security and efficiency of DeFi applications while providing insights into market dynamics and security risks. Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point.

Omer Goldberg, CEO and Founder of Chaos Labs, said, “We’re excited to receive the strong confidence and additional support from the PayPal Ventures team. Edge by Chaos is the culmination of our entire company’s work and expertise. Edge Price, Risk, and Proofs deliver meaningful and unmatched contextualized risk and price data for assets including stablecoins and other real-world-assets, in addition to the crypto assets and venues that provide access to them.”

Last month, Chaos Labs announced a $55 million Series A funding round led by Haun Ventures, including prominent new investors such as F-Prime Capital, Slow Ventures, and Spartan Capital, and existing investors including PayPal Ventures. Chaos Labs has experienced significant growth, tripling its customer base and securing billions in trading volume, loans, and incentives.

PayPal Ventures’ investment aligns with PayPal’s ongoing commitment to the blockchain ecosystem. In May 2024, PayPal launched its stablecoin, PYUSD, on the Solana blockchain.

Amman Bhasin, Partner at PayPal Ventures, said, “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain. Chaos Labs has emerged as a leading risk authority in the sector and we are thrilled to witness their evolution as they launch innovative products like Edge to mitigate oracle vulnerabilities.”

Chaos Labs will receive the total investment in PYUSD on-chain. A simulation will be shown live on-stage on September 20th at the annual Solana Breakpoint conference in Singapore.

About Chaos Labs

Chaos Labs leads the blockchain risk management industry with innovative solutions for the evolving onchain financial landscape. Chaos Labs enables protocols to verify stability across all market conditions, merging offchain observability with onchain risk parameter adjustments. Backed by leading venture capital firms, Chaos Labs continues to set new standards for security and responsiveness in onchain finance. Founded in 2021, Chaos Labs is headquartered in New York City.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: www.paypal.vc 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-ventures-reinforces-support-of-chaos-labs-with-additional-investment-302253911.html

SOURCE Chaos Labs, Inc.

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