Author: sHq_LoGiNz

HEFEI, China, April 28, 2026 /PRNewswire/ — Sungrow, a globally leading PV inverter and energy storage system provider, successfully hosted the third Global Renewable Energy Summit (GRES) 2026 from April 22 to 25. Centered on the theme “Value-Driven, Scenario-Proven“, the event brought together over 500 guests, including global experts and partners, further reinforcing Sungrow’s growing global influence and leadership in renewable energy innovation.

Driving Innovation: Addressing the Global Energy Challenge

Throughout the summit, Sungrow unveiled a series of landmark developments, including diversified, scenario-driven solutions for a sustainable energy ecosystem—spanning PV-BESS integration, mining microgrids, EV charging, and PV-BESS-hydrogen applications—alongside multiple technological breakthroughs, new whitepapers, and real-world testing and case studies.

“We believe a premium energy solution requires multi-energy integration for low-cost power, systematic grid-forming technologies for power stability, and customized designs to adapt to different scenario needs,” said Jack Gu, Vice Chairman of Sungrow. “We deliver low-cost green power through deep PV and storage integration. ‘From every ray, to every watt, for every return‘ — this is how we maximize value across the entire energy chain.“

PowerMatrix: Redefining Power System for the Renewable Era

During the summit, Sungrow introduced PowerMatrix, a new system paradigm for renewable energy systems. Built on five core innovations—multi-port topology, native PV-storage integration, distributed control, reconfigurable energy paths, and source-level grid-forming—it integrates PV, storage, grid, and loads into a unified, multi-node energy network, where energy can be dynamically routed, balanced, and optimized in real time. As a result, this system-level redesign reshapes system stability, cost, and efficiency across the entire power chain. Sungrow also unveiled the Matrix Inverter, the core product enabling the PowerMatrix system.

A key highlight was the introduction of PowerTitan 3.0, Sungrow’s next-generation utility-scale energy storage system. Engineered for high profitability, enhanced safety, and robust grid-forming capabilities, the system integrates 600+ Ah stacked battery cells with a fully liquid-cooled SiC PCS, achieving a round-trip efficiency (RTE) of up to 92%. Featuring an AC block design that supports factory pre-installation and pre-commissioning, the system also enables self-configuration and self-check within one hour—enabling a 1 GWh project to be deployed in just 12 days.

Customized Designs for Full-Scenario Applications

Sungrow delivers scenario-driven solutions across key industries by aligning system design with specific operational needs.

• AIDC Scenario

During the summit, Sungrow released the AI Data Center Full-chain Power Supply Solution White Paper, outlining key trends, challenges, and the evolution of power supply technologies for AI data centers. The paper presents a grid-to-chip solution based on the “Green–Gray–White” three-space architecture, designed to support MW-level racks and GW-scale clusters while enhancing safety, stability, and low-carbon performance. In addition, Sungrow will also launch a new generation of high-efficiency Solid-State Transformer this year.

• Mining Microgrid Scenario

Sungrow jointly released a white paper on mining microgrid power solutions with TÜV Rheinland and China Electrotechnical Society. The whitepaper presents a proprietary full-stack mining microgrid solution designed for a wide range of applications—from medium-scale systems (2.5MW–20MW) and large-scale projects (20MW–100MW) to multi-microgrid clusters above 100MW—supported. Built on a fully self-developed, tightly integrated system architecture spanning PV, wind, storage, charging, and integrated energy management systems, the solution enables coordinated assets control and optimized system performance in complex and remote environments.

• Green Hydrogen Scenario

Sungrow Hydrogen has showcased its cutting-edge green hydrogen technologies, focusing on wind-solar off-grid hydrogen production and modular turnkey solutions. Its upgraded PV-storage-hydrogen off-grid test platform has passed long-term tests, overcoming multiple core technical challenges. The company’s off-grid hydrogen production solution has already successfully been deployed in Europe, contributing to the advancement of the hydrogen economy.

Proven Performance Through Extreme Test

To address grid complexity and instability, Sungrow has developed comprehensive grid-forming (GFM) capabilities across solar, wind, and energy storage systems. At GRES 2026, Sungrow announced the successful completion of the world’s first large-scale full-condition grid-forming extreme test. The testing covered 14 scenarios over 138 hours and was independently witnessed and verified by TÜV Rheinland. The testing aligns with grid codes and requirements across major global markets, addressing growing challenges related to grid stability and high renewable penetration worldwide.

In the C&I segment, Sungrow unveiled its full-scenario ecosystem, with the PowerKeeper, PowerStack, and PowerTitan series forming a comprehensive portfolio, and introduced that the PowerKeeper series successfully passed seven extreme challenge tests—making it the industry’s first modular C&I ESS validated under such comprehensive conditions. These tests span the entire lifecycle and a wide range of real-world scenarios, covering environmental resilience, structural integrity, and intrinsic safety. The PowerKeeper series “0 Waste, 0 Outage, 7 Ups” is designed to address pain points across the entire energy storage lifecycle—from design and installation to commissioning and maintenance.

Global Momentum and Continued Growth

Witnessed by a global audience, Sungrow signed strategic project agreements with premier partners，securing over 11 GWh in new orders. These landmark projects not only strengthen Sungrow’s fast-growing global footprint, but also highlight its deepening strategic alignment with industry-leading partners.

Building on its strong global footprint and proven track record in innovation, Sungrow—recognized as a Tier 1 PV inverter supplier—achieved 143 GW of inverter shipments and 43 GWh of energy storage deliveries in 2025. Moving forward, the company remains committed to delivering value-driven, scenario-proven solutions that empower industries worldwide and accelerate the transition toward a sustainable energy future.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of Dec 2025, Sungrow has installed over 1000 GW of power electronic converters worldwide. The company is recognized as the world’s most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experiences. 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/en

View original content to download multimedia:https://www.prnewswire.com/news-releases/sungrow-hosts-gres-2026-showcasing-value-driven-innovation-across-full-energy-scenarios-302755262.html

SOURCE Sungrow Power Supply Co., Ltd.

HOUSTON, April 27, 2026 /PRNewswire/ — Greenland Energy Company (Nasdaq: GLND) (“Greenland Energy” or the “Company”), an energy exploration company focused on responsibly developing Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin, today announced the pricing of a public offering of 17,500,000 shares (or pre-funded warrant (“Pre-Funded Warrant”) in lieu thereof) at a price of $4.00 per share. Each common share (or Pre-Funded Warrant) is being sold in combination with an accompanying common stock warrant (the “Warrants”). Each Warrant is immediately exercisable, will entitle the holder to purchase one common share at an exercise price of $5.00 per share and will expire five years from the date of issuance. Gross proceeds from the offering are expected to be $70 million, before deducting placement agent fees and offering expenses. The common shares (or Pre-Funded Warrants) and Warrants can only be purchased together in the offering but will be issued separately. The Warrants have been approved for listing on the Nasdaq Global Market and are expected to commence trading under the symbol “GLNDW” on April 28, 2026.

The offering is expected to close on April 29, 2026, subject to satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital and operating expenses.

ThinkEquity is acting as the sole placement agent for the offering.

A registration statement on Form S-1 (File No. 333- 294995) relating to the securities was filed with the Securities and Exchange Commission (“SEC”) and became effective on April 27, 2026. This offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004.  The final prospectus will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Greenland Energy Company
Greenland Energy Company (NASDAQ: GLND) is an energy exploration company focused on responsibly developing Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin. It aims to advance oil and gas exploration and create a publicly traded platform for Arctic energy development.

More information regarding Greenland Energy Company is available on its website: www.greenlandenergyco.com

Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering that will be filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Contact: contact@greenlandenergyco.com 

 

View original content:https://www.prnewswire.com/news-releases/greenland-energy-announces-pricing-of-70-million-public-offering-302755089.html

SOURCE Greenland Energy Company

BEIJING, April 27, 2026  /PRNewswire/ — FOTON Motor officially launched its first FOTON BRAND DAY on April 22 in Beijing, gathering media and dealer representatives from Europe, the Americas, and Southeast Asia. The event featured factory tours, product test drives, and a 30th anniversary gala dinner at the foot of the Badaling Great Wall.

Smart Manufacturing & Product Experience

The delegation visited the FOTON Cummins plant, X Laboratory, and FOTON Bus Global Center Plant, witnessing intelligent engine production lines and AI-integrated workstations. An afternoon test drive showcased FOTON’s full lineup, covering heavy-duty trucks, light-duty trucks, mini trucks, vans, pickup trucks and new energy vehicles.

30 Years of “Grit to Great” 

At the Great Wall gala, FOTON International President Wu Zongtian emphasized the company’s “Grit to Great” spirit. Vice President Dong Shuxing reviewed FOTON’s growth from its first light truck to a presence in over 140 countries. He reiterated the “Comprehensive Globalization” strategy and announced the “GREEN 3030” target: 300,000 overseas sales by 2030, with NEVs accounting for 30%. Over the next five years, FOTON plans to establish industrial bases in Indonesia, South Africa, Mexico, Saudi Arabia, Europe, and other regions, accelerating the shift from product export to technology, standards, and full value-chain collaboration.

Four New Products Launched

FOTON unveiled four all-new models: GALAXUS redefines long-haul logistics with superior comfort and efficiency; DAYSTAR delivers optimal versatility for intercity freight; all-electric eVIEW CONNECT sparks an efficiency revolution for urban cargo mobility; AUV Smart Bus is leading the transformation of urban micro-circulation with its safety, efficiency, comfort, and smart features.

Global Expedition Launch

FOTON officially launched the “FOTON GALAXUS Global Expedition.” Beginning in Beijing, the first stop is Mexico, followed by Asia-Pacific and the Middle East, culminating at the Hannover Motor Show. A flag ceremony marked the departure of the Latin America pioneering team.

Standing at its 30-year milestone, FOTON Motor aims to be a trusted global partner in green and intelligent commercial vehicle solutions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/foton-motors-overseas-brand-day-and-30th-anniversary-celebration-successfully-held-in-beijing-302754986.html

SOURCE FOTON MOTOR