HyperStrong has made significant progress in the field of smart energy storage and redefines industry standards globally. Firmly committed to innovation and customer satisfaction, HyperStrong delivers top-tier and reliable energy storage solutions relying on cutting-edge technologies to address the energy needs of the general public.
As they expand their footprints further and try to solve the commercial and industrial energy storage needs of more entities worldwide, they participated in the smarter E Europe event, which was held in Munich from June 19th to 21st, 2024. At this global event, HyperStrong demonstrated its deep understanding of smart energy storage technologies and its positive attitude toward the transformation of the future energy system industry.
With HyperStrong’s dedication to advancing smart energy storage solutions, it is now fitting to examine the broader policy landscape that shapes the industry’s growth in Europe.
Policy Analysis of the European Smart Energy Storage Industry
As the worldwide energy sector continues to transform, smart energy storage technologies are rising as pivotal catalysts for a sustainable energy revolution. Particularly in Europe, this trend is being propelled by a comprehensive set of policies.
- The “Clean Energy for All Europeans” package suggests comprehensive measures to improve energy efficiency, increase the share of renewable energy and modernize the electricity market. It emphasizes energy efficiency and aims to facilitate the transition to a cleaner energy economy by supporting the overarching goals of the Energy Union strategy.
- The ‘REPowerEU’ plan, initiated in response to the need for bolstered energy security, aims to expedite the transition to clean energy. While it includes a variety of measures, battery energy storage systems (BESS) are a key component, safeguarding grid stability and promoting the incorporation of clean energy sources.
- The EU Commission’s 2023 Recommendations on Energy Storage highlight the critical role smart energy storage technologies play within the energy system. This report calls for the removal of regulatory barriers, streamlining permitting processes, and recognizing storage facilities as an integral part of the electricity market.
- Financial incentives and regulatory support are also propelling rapid growth in the smart energy storage sector. The battery energy storage market has already seen a substantial increase in installations. The industry is expected to maintain a high growth rate between 2023 and 2028, with an estimated compound annual growth rate (CAGR) of 17.87%[1]. Moreover, the residential energy storage market numbers are equally impressive.
Having dissected the policy initiatives that underpin the European smart energy storage industry, let’s now turn our attention to the smarter E Europe event, where HyperStrong presented its contributions to this dynamic field.
The smarter E Europe and HyperStrong’s Presence
The smarter E Europe was the largest alliance of exhibitions dedicated to energy in Europe. It attracted the attention of top energy stakeholders around the globe. The smarter E Europe event this year featured around 3,000 exhibitors and attracted almost 115,000 visitors.
The smarter E Europe was a convergence point for the new energy world, featuring four specialized energy exhibitions: Intersolar Europe for solar power, ees Europe for electrical energy storage, Power2Drive Europe for electric mobility, and EM-Power for decentralized energy solutions. This multifaceted event offered participants a dynamic platform to discover and discuss the latest innovations, trends, and business opportunities across the smart energy spectrum.
At the same time, the conferences and forums held in conjunction with the smarter E Europe exhibitions paid attention to practical and strategic discussions about the integration and optimization of existing energy systems. Through this series of events, attendees gained a more comprehensive perspective on up-to-date evolution and patterns in the field of smart energy storage solutions, contributing to the industry’s future development.
HyperStrong Products
Let’s have a quick look at the three products that HyperStrong brought to the smarter E Europe event:
1. HyperCube Pro
The HyperCube Pro exemplifies cutting-edge innovation in smart energy storage and charging systems. It allows for the expansion of charging stations’ capabilities by 1-2 times under the same transformer capacity, significantly enhancing the operational efficiency of the stations. More importantly, it utilizes smart energy storage technology to provide power support, increasing the charging capacity by 40%-80% and effectively delaying the need for transformer upgrades. This system not only supports critical applications such as peak shaving and valley filling but also integrates seamlessly with virtual power plants and backup power systems. Moreover, multi-layered fire detection and suppression systems promise operational safety and reliability.
2. HyperBlock III
HyperStrong’s HyperBlock III sets a new standard for liquid-cooling energy storage solutions. It embodies a sophisticated liquid cooling system that sustains optimal performance and expands the lifespan of battery systems by intelligently adapting thermal control strategies to various conditions, thus minimizing auxiliary power consumption. The system’s digital modeling capabilities provide AI-powered life-cycle analysis and safety monitoring, which enhances its operational safety and efficiency. With a capacity of up to 5MWh and an integrated design that reduces installation time, the HyperBlock III is engineered for high performance and durability, and that is the reason this product is an ideal choice for large-scale energy storage applications.
Further elevating the HyperBlock III’s excellence is its liquid-cooled battery pack. Equipped with long-life, high-capacity 314Ah LFP cells, each pack commands an impressive energy capacity of 104.5kWh. The implementation of a 3D thermal propagation barrier design surpasses the stringent UL9540A standard, guaranteeing unmatched safety and reliability. Meanwhile, the built-in up to 35 temperature sampling points enable real-time monitoring of temperature changes at each critical point, realizing precise temperature control.
3. HyperCube II
Designed for commercial & industrial deployment, the HyperCube II leverages a self-developed solid-state battery with a comprehensive AI-driven management system for early warning and multi-level electrical protection. It offers efficient energy conversion with over 91% efficiency and is capable of parallel connection of up to 20 units for significant capacity expansion. The HyperCube II is designed to withstand harsh environmental conditions, which keeps it suitable for a variety of challenging settings. Its intelligent balancing algorithm ensures minimal system temperature variance to extend its performance life and enhance reliability in critical energy applications.
Successful Cooperation Cases with European Partners
HyperStrong had a sound basis of cooperation with European partners, which made their presence in the smarter E Europe event even more notable. Here are their two recent cooperation cases:
✔ Strategic Partnership with TÜV Rheinland
HyperStrong established a pivotal strategic partnership with TÜV Rheinland Group, a leading provider of technical services, to propel advancements in the global energy storage sector. The partnership centers around shared objectives in refining product capabilities and enhancing skill sets.
Through the partnership with TÜV Rheinland Group, HyperStrong has achieved significant milestones in the certification of energy storage systems for overseas markets. In addition, the collaboration was expected to grow further to target broader aspects of the smart energy storage industry. This expansion may include new initiatives in testing procedures and research that are essential for tackling current and future challenges in smart energy storage.
✔ Strategic Cooperation Agreement with Schneider Electric
Another key partnership for HyperStrong was the strategic alliance formed with Schneider Electric. This collaboration has resulted in major progress in zero-carbon technologies, carbon footprint management, and intelligent manufacturing, showcasing a deep integration across various fields. Furthermore, the strategic cooperation agreement signed on 20th June has pushed the cooperation to new heights. Both parties expanded the bilateral cooperation to include international products and solutions, market expansion, and project cooperation, as well as training and after-sales services. The significance of the collaboration for the development of green energy and smart energy storage was profound.
Wrapping Up
As a leading company in the smart energy storage industry, HyperStrong has always adhered to the development concept of innovation, cooperation, and win-win. At the smarter E Europe exhibition, HyperStrong displayed its unique technological charm and innovative strength to the world. Furthermore, they were eager to engage in meaningful dialogue and collaboration with industry stakeholders, including partners, investors, and colleagues, aiming to jointly start a new chapter in the field of smart energy storage.
Reference
- Available at: https://www.technavio.com/report/europe-energy-storage-systems-market-industry-analysis