Technology

Sungrow’s Brand Story Film Debuts Worldwide: Unveiling the Value of Technology and Embodying the Brand’s Warmth

Published

6 hours ago

November 27, 2024

HEFEI, China, Nov. 27, 2024 /PRNewswire/ — On November 25th, Sungrow hosted a brand story film premiere and PhD Talk event, unveiling its brand story film “Bridge to a sustainable future”. This film narrates Sungrow’s journey of building a bridge through clean energy and technological innovation. It outlines five major tracks: solar energy, wind energy, energy storage, electric vehicles and charging, and hydrogen energy. These tracks enrich the application scenarios of clean energy conversion, inspire more creative methods of energy utilization, and enhance the user experience, ultimately aiming at “Clean Power for All”.

Sungrow held its first Global Brand Week from November 25 to 29 to boost innovation and brand awareness. The event linked global entities through a mix of online and offline activities, including brand story exhibitions, knowledge-sharing, and volunteer meetings. On November 25th, approximately 300 participants, including experts, analysts, customers, academics, and media representatives, assembled at Sungrow Tower. Additionally, nearly 100,000 viewers tuned into the live stream online to engage with discussions and presentations on the company’s vision for a sustainable future.

Technological innovation is essential for clean energy development

As the global energy landscape transforms, new energy companies must concentrate on technological innovation and market trends, while integrating technology to strengthen their competitive position and contribute to long-term value creation. Clean energy technology advancement also emphasizes resource conservation, environmental protection, community involvement, and a human-centric approach.

Weichun Li, Vice President of Global Power Electronics and General Manager of Solar & Commercial Products Greater China at TÜV Rheinland Group, engaged in a conversation with PhD Yongheng Yang, ZJU100 Professor, and PhD Chao Hu, Simulation Business Head of Sungrow PV & ES Technology Platform’s Grid Technology Center, beginning with the innovation and development trend of grid-forming technology. By sharing the application cases of the world’s first offshore grid-forming energy storage project, leading the battery cell capacity standard, and installing solar with solar power, he elucidated the continuous value of clean energy in building a bridge between the green ecosystem and a better life. With the accelerated integration and development of solar, storage, and EV charging, the new energy infrastructure is constantly improving. “The essence of Sungrow EV charging business is to bridge the clean power network and the green transportation network and realize the efficient flow of energy,” said PhD Tianyang Jiang, Vice President of Sungrow EV Charging Division, who exchanged views on the industry’s first isolated air-cooling technology and improving user experience.

Green design is increasingly gaining in significance

“Adhering to long-term innovation is crucial for achieving sustainable development. Sungrow emphasizes eco-friendliness across the entire product lifecycle, focusing on green design principles throughout product design, production operations, logistics and transportation, and product recycling.” Rui Wang, Director of the National Industrial Design Center at Sungrow, stated during the event, comparing design to a bridge that connects technological innovation with consumer demand.

Bridge to the ultimate energy

Following the global spotlight on solar and energy storage, hydrogen energy has emerged as another focal point for Sungrow. Longlin Sun, General Manager of Sungrow Hydrogen Product R&D Center, provided insights into the technical innovations of flexible green hydrogen production, highlighting its eco-friendliness, flexibility, and safety. He said that the pivotal role that green hydrogen energy is poised to play as the ultimate energy solution within the emerging new energy system, as well as its comprehensive application solutions across various scenarios.

Converting natural resources into clean energy requires technological expertise, local solutions, and an understanding of customer needs. Sungrow, focused on renewable energy, has supplied over 170 countries with high-quality products and services, shipping over 605GW of power electronic converters globally by June 2024. The company integrates sustainable development into its strategy, aiming to innovate in R&D, tackle climate change, empower communities, and create sustainable value.

About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 27 years. As of June 2024, Sungrow has installed 605 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 most bankable Asian energy storage company (BloombergNEF). Its innovations power clean energy projects in over 170 countries, supported by a network of 490 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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SOURCE Sungrow

Technology

NASA, USAID Invite Media to Launch of New SERVIR Central America Hub

Published

25 minutes ago

November 27, 2024

HUNTSVILLE, Ala., Nov. 27, 2024 /PRNewswire/ — NASA and the U.S. Agency for International Development (USAID) invite media to the official launch celebration of the new SERVIR Central America regional hub, located in Costa Rica, on Tuesday, Dec. 3, at 11 a.m. EST. The event will be hosted by NASA SERVIR Program Manager Daniel Irwin, U.S. Ambassador to El Salvador William H. Duncan, and a representative from El Salvador’s Ministry of Environment and Natural Resources (MARN).

Central America is the latest addition to SERVIR’s global network, a NASA and USAID initiative that has been operating in Asia, Africa, and Latin America since 2005.

Implemented by the Tropical Agricultural Research and Higher Education Center (CATIE), SERVIR Central America will strengthen climate resilience, sustainable resource management, and biodiversity conservation through satellite data and geospatial technology. The SERVIR Central America hub will support evidence-based decision-making at local, national, and regional levels, strengthening the resilience of more than 40 million people in one of the world’s most climate-vulnerable regions.

The event will be in Spanish with English translation available.

For press access and location details, please RSVP to Belarminda Quijano at belarminda@bqcomunicaciones.com by Monday, Dec. 2. NASA’s media accreditation policy is online. The event will be livestreamed.

For more information on SERVIR, visit:

https://www.nasa.gov/servir/

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SOURCE NASA

Technology

NOVASPARKS FEEDHANDLERS NOW OPTIMIZED FOR TSE’S ARROWHEAD 4.0

Published

25 minutes ago

November 27, 2024

The Leading FPGA-powered market data company announces a successful migration to Arrowhead 4.0, demonstrating its strength with FPGA-powered feed handlers.

NEW YORK and LONDON and PARIS and TOKYO, Nov. 27, 2024 /PRNewswire/ — NovaSparks, the leading field programmable gate array (FPGA) market data company, today announced the successful introduction of its FPGA feed handlers to support the new Arrowhead 4.0 feed on Tokyo Stock Exchange’s (TSE), one of the most strategic and competitive markets in the Asia-Pacific (APAC) region. NovaSparks continues to enhance its coverage in APAC markets by reducing the latencies of its feed handlers on multiple APAC exchanges, and by developing market-specific features such as Itayose for TSE—a Japanese auction method used to set prices and facilitate the reopening of trading floors. This achievement underscores NovaSparks’ ability to support advanced market technology and its ongoing commitment to the APAC financial sector.

The Arrowhead 4.0 migration, a significant move by TSE, shifts from Market by Level (MBL) to Market by Order (MBO), providing traders with unparalleled market data granularity. Unlike MBL, where quotes are aggregated, MBO publishes each individual buy and sell order, offering traders a detailed view of market activity. This transition allows market participants to leverage deeper insights and execute more strategic trading decisions.

“Increasing the transparency and granularity of market data has been pivotal for enhancing trading strategies and market resilience,” said Luc Burgun, CEO of NovaSparks. “With the shift from Market by Level to Market by Order, traders now have a deeper view of individual orders, enabling optimized order placement and advanced algorithmic trading. Our FPGA solutions were instrumental in processing the surge in data volume seamlessly, reinforcing market stability and performance. This transition exemplifies our commitment to equipping financial institutions with the technology needed to stay competitive and compliant during high frequency trading.”

“Arrowhead 4.0 was a very important market data feed for our company, and using NovaSparks enabled us to significantly reduce the complexity of switching to the MBO format. We achieved our goal of not losing any packet while providing consistent auction prices since the first days of trading,” said one of NovaTick’s customers who successfully moved his brokerage trading infrastructure to TSE Arrowhead 4.0.

The Power of FPGA Technology

The MBO format significantly increases data volume—an estimated additional 3 000+ messages per second—and demands that feed handlers build comprehensive order books, a task not required under MBL. While software-based solutions may need up to three times more memory and double the computing power to process this influx, FPGA technology excels in handling such high data loads efficiently, maintaining high-performance with the speed and determinism that only FPGAs can bring.

About NovaSparks

NovaSparks is the leader in FPGA-based high performance and ultra-low latency trading solutions for financial markets. NovaTick™, its flagship Ticker Plant product, supports 75 feeds across the major Equities, Futures and Options trading venues in North America, Europe and Asia. It is packaged in scalable ‘easy-to-deploy’ appliances or in ‘tightly coupled’ PCIe cards. NovaSparks scalable and deterministic feed handlers deliver normalized market data, including order book building and multi-feed consolidation with sub microsecond processing latency, even during market peaks period. Deterministic performance is extended to the whole trading cycle, whether the trading algorithms are implemented in software or in hardware. NovaTick™ also includes advanced built-in functions to support and optimize the use of wireless infrastructures.

The company is headquartered in Paris (France), New York City (USA) and has offices in London (UK), Nantes (France), Athens (Greece) and Bangkok (Thailand).

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SOURCE NovaSparks

Technology

Netlight announces new rotation in CEO duo

Published

26 minutes ago

November 27, 2024

STOCKHOLM, Nov. 27, 2024 /PRNewswire/ — Netlight, a leading digital consulting firm, announces a rotation in the CEO duo. Felix Sprick will step out from his role to continue as a Partner amongst Partners while Anders Thall will be stepping into the position alongside the current co-CEO Katri Junna.

Netlight introduced its innovative CEO duo model in 2021, featuring two equal leaders sharing the role. This model challenges the traditional CEO structure, offering richer perspectives, a broader leadership skill set, greater international exposure and an equal sparring partner for those in the role.

The rotation principle is a fundamental feature of Netlight’s CEO duo model. Netlight’s Board of Directors, in collaboration with the Partner group, selects every few years a new co-CEO from Partner group maintaining alignment with Netlight’s vision and values to drive long-term success.

The newly appointed co-CEO Anders Thall is a Partner and consultant, based in Netlight’s office in Stockholm. Thall has a track record of strategic advisory and he has been working with defining and expanding Netlight’s service offering globally.

Alongside the rotation in the CEO duo, Netlight strengthens the executive group by appointing Djavad Hedayati, Partner based in Munich, to be part of the group. The executive group is responsible for Netlight’s global business operations and governance.

This will take effect from 1st of January 2025.

“I am excited and honored to step into the role of co-CEO. Netlight’s commitment to innovation, collaboration, and diversity aligns closely with my own values. I look forward to working alongside Katri Junna to build on the company’s success,” says Anders Thall, the new co-CEO.

“At Netlight, we thrive on continuous renewal, which allows us to adapt, innovate, and stay competitive in a changing world – and our co-CEO model is in line with that. I am thrilled to welcome Anders Thall to the role, I believe our strengths complement each other in serving Netlight going forward,” says Katri Junna the current co-CEO.

Erik Fröberg, Chairman of the Board, adds: “Netlight has successfully navigated a challenging market environment, and I want to extend my gratitude to Felix Sprick for his valuable contributions. We are pleased to welcome Anders Thall as the new co-CEO. We are confident that the combined leadership of Katri Junna and Anders Thall will enable Netlight to thrive and excel in the ever-evolving digital landscape. I am also very pleased that Djavad will be part of the executive group where he will assume increased responsibility.”

From the departing co-CEO Felix Sprick: “Serving as co-CEO of Netlight has been an incredible journey and an honour. I deeply believe in the strength of our rotation model, which enables leaders to step into and out of the role seamlessly and without prestige. This approach not only provides Anders Thall the opportunity to grow and thrive as he takes on the role, but also allows me to refocus on driving Netlight forward from a partner perspective.”

About Netlight

Netlight is an international digital consulting firm, helping leading companies to succeed in the digital landscape, from advice to implementation. Our service contains the collective intelligence of 2000 consultants offering a comprehensive range of digital services, from strategy to technology. We support industries that are facing new challenges and opportunities based on new technology, to make better business. Netlight has been awarded several times for profitable growth and management, as a top employer, and for our engagement in Diversity, Equity, and Inclusion. Located in Stockholm, Oslo, Helsinki, Copenhagen, Munich, Hamburg, Berlin, Frankfurt, Zurich, Cologne, Amsterdam and Toronto. Co-creating the future today, since 1999. www.netlight.com