Hives Power Technology Co., Ltd. always provides customers with products made of the most appropriate materials, for example, residential energy storage system. We attach great importance to the materials selection process and have set a rigorous standard - only do with the materials with desirable properties. To select the right materials, we have also exclusively established a purchasing team and a quality inspection team.
To successfully built a global brand image of Hives Power, we are dedicated to immersing our customers in the brand experience in every interaction we engage with them. We continue to inject new ideas and innovations into our brands to meet the high expectations from the market.
At Hives Power, we promise that we provide the most considerate shipping service. As one of the most reliable partners of our freight forwarder, we guarantee all products like our residential energy storage system will be delivered to you safely and completely.
Time: 2021.12.23
On November 19, the opening ceremony for the CATL Xiamen Institute of New Energy, co-established by CATL and Xiamen University, was held at the Science and Art Center of Xiamen University.
CATL Xiamen Institute of New Energy will plan and organize sci-tech industrial projects in key areas such as intelligent energy, energy storage technologies, high-power devices and next-generation power batteries with the support of CATL's 21C Lab and the Tan Kah Kee Innovation Laboratory; build an advanced technology service platform based on the international first-class platform of the Tan Kah Kee Innovation Laboratory; and launch university-enterprise joint talent development programs, build a cross-disciplinary and cross-industry talent development system, establish a complete chain system for attracting and developing talent, and strive to build the institute into a leader in the field of new energy technologies, so as to provide technological and talent support for the development and growth of the new energy industry of CATL in Xiamen.
The establishment of the institute will further promote the in-depth cooperation between the two parties in the field of innovation, closely combine CATL’s advantages in technology, manufacturing and market with Xiamen University’s strengths in teaching, research and talent pool, and promote the implementation of the innovation-driven development strategy of Fujian Province, providing constant innovation momentum for the new energy industrial clusters in Fujian and Xiamen and making more contributions to China’s goal of peaking carbon emissions and achieving carbon neutrality .
The Hives home energy storage system has a range of excellent features that provide users with a safe and stable power supply.
Firstly, the Hives household energy storage system utilizes automotive-grade high-energy batteries, ensuring safety and reliability during usage. These batteries are carefully designed and optimized, offering excellent durability and long lifespan, providing a consistent power supply for households.
Secondly, the Hives household energy storage system is equipped with a customized BMS (Battery Management System). This intelligent system monitors and manages the battery's charging and discharging processes, ensuring safe operation and optimized performance. The BMS incorporates multiple protection functions, including overvoltage, undervoltage, overcurrent, and overtemperature protection, effectively preventing battery failures and damage.
Furthermore, the Hives household energy storage system is equipped with efficient solar panels that convert sunlight into electrical energy for charging. This application of clean energy not only benefits the environment but also reduces household energy consumption and electricity costs. The high efficiency of the solar panels ensures fast and effective charging of the energy storage system, providing users with a continuous and reliable power source.
In terms of output, the Hives household energy storage system features a reliable, stable, and intelligent inverter. The inverter converts the stored energy into usable AC power for household appliances, ensuring voltage-stable output to meet the requirements of various household devices. Additionally, the inverter is compatible with various communication protocols, facilitating connectivity and smart control with other devices.
In conclusion, the Hives household energy storage system offers a safe and stable power source with its automotive-grade high-energy batteries, customized BMS, efficient solar panels, and reliable and stable intelligent inverter. Whether for household lighting, appliance power supply, or other electricity needs, the Hives household energy storage system is the most reliable choice for users.
Gridmatic, an AI-enabled power marketer, today announces the launch of its first Energy Storage Fund, a US$50 million fund Gridmatic will use to oversee the management of up to 500 MW of battery capacity in the ERCOT and CAISO markets.
The fund is divided into two tranches, with the initial one successfully completed through a US$24.95 million investment from a leading energy investor. Using the fund, Gridmatic will establish multi-year offtake contracts with asset owners to operate energy storage using its AI algorithms. Gridmatic has already begun operating a 50MW / 100MWh battery storage system in Texas using the fund.
Gridmatic ensures secured revenue streams for developers' projects through offtake agreements, enabling them to obtain necessary financing. This, in turn, empowers storage developers to recycle their capital into the development of additional storage systems. Gridmatic is then able to maximise the returns of the contracted storage systems via its AI-enabled optimisation. The results are highlighted in Gridmatic’s storage report, showcasing a 46% increase in revenues when back-tested against actual results for storage systems in the ERCOT market in 2022. By decoupling project development and active management of the batteries, this structure de-risks the operational phase of a project for storage owners and supports the growth of the energy storage industry.
“Through offering a new kind of investment opportunity, this fund represents an advance in the energy storage finance sector,” said David Miller, Vice President of Business Development for Gridmatic. “The growth of renewables, as well as extreme weather, have led to increasing energy market volatility. Battery energy storage has emerged as a critical technology to provide stabilising services to the grid. By participating in our fund, investors can capitalise on this volatility without the responsibility of managing an entire battery project or development platform.”
Gridmatic's fund opens up a new asset class for investors, providing an opportunity to actively invest in the thriving energy storage market. The sector's growth is expected to be further accelerated by the introduction of the Inflation Reduction Act (IRA).