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China Procurement News Notice - 71335


Procurement News Notice

PNN 71335
Work Detail On June 24th, 2024, the prestigious Red Dot Design Award ceremony was held in Essen, Germany. Among the winners, SOFAR Energy’s commercial energy storage system solution, PowerMagic, stood out, receiving the 2024 Red Dot Product Design Award. This honor not only recognizes the aesthetic design of SOFAR’s product but also highlights the company’s breakthrough in energy storage product innovation. PowerMagic is setting a new trend for the development of global commercial energy storage. The award-winning PowerMagic, one of the few commercial energy storage systems in the market that adopts AC coupling technology, boasts four significant advantages: lower Levelized Cost of Storage (LCOS), high efficiency and flexibility, ultimate safety, and intelligent management. This system, consisting of a grid-tied/off-grid cabinet, combiner and booster cabinet, energy storage cabinet, and battery cabinet, can serve as an emergency power supply. It also enables efficient peak-shaving and arbitrage, accelerating the green transformation of energy and the digitization of renewable energy assets. In the current photovoltaic and energy storage market, reducing the Lifecycle Cost of Storage (LCOS) and enhancing the return on investment are primary considerations for commercial users and grid operators. PowerMagic, with its master-slave architecture design, is compatible with a 320Ah large battery cell design, offering high energy density and a scalable single cabinet capacity of up to 393kWh. This simplifies on-site installation and significantly reduces initial investment costs. Additionally, the efficient liquid cooling and intelligent humidity control design drastically lower the dew point temperature inside the cabinet, extending the system’s cycle life and achieving a lower LCOS. The modular design of the PowerMagic energy storage cabinet accommodates diverse and dynamic energy demands in the commercial sector. It supports flexible AC and DC expansion, with a maximum AC-side parallel power of up to 1290kW and a DC-side capacity expansion covering 2-8 hours. This versatility meets the wide range of needs from small commercial buildings to large industrial sites. Safety is the lifeline of any energy storage system. PowerMagic employs a “3+2” safety protection system and a water electricity separation design. Coupled with a multi-level fire protection system, including cell-level gas fire protection, cabinet-level gas and water fire protection, as well as explosion venting and exhaust designs, it forms a comprehensive safety net. These designs not only comply with international high-standard certifications (such as IEC62477-1, UN38.3, UL9540A, etc.) but also demonstrate SOFAR Energy’s strong commitment to user safety, alleviating concerns about the safety of energy storage systems. The energy storage cabinet integrates EMS functionality, optimizing power quality and response speed through intelligent control algorithms. This effectively prevents reverse current, performs peak shaving and valley filling, and manages demand, enabling intelligent monitoring. Additionally, PowerMagic supports automatic grid-connected and off-grid switching, seamlessly aligning with grid demands. This not only enhances grid flexibility and stability but also provides crucial support for a high proportion of renewable energy integration, assisting grid operators in better power operation and maintenance services. Currently, SOFAR Energy’s PowerMagic commercial energy storage system solution has been widely applied in various provinces across China, including Zhejiang, Jiangsu, and Guangdong. It plays an irreplaceable role in stabilizing enterprise power supply, optimizing enterprise electricity structure, and reducing enterprise energy costs. This honor is not just recognition but also a starting point. While achieving a “good-looking” product, SOFAR Energy is committed to making it “easy to use.” Amidst the global energy transformation wave, SOFAR Energy will leverage this momentum, strengthen its innovative spirit, and solidify its innovative foundation. With advanced energy storage solutions represented by PowerMagic, SOFAR Energy aims to promote clean, low-carbon, safe, and efficient energy utilization, facilitate high-quality development in the energy storage industry, and jointly create a new green and low-carbon landscape with global partners.
Country China , Eastern Asia
Industry Energy & Power
Entry Date 05 Jul 2024
Source https://solarquarter.com/2024/07/05/sofar-energys-powermagic-wins-red-dot-design-award-revolutionizing-commercial-energy-storage/

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