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Hithium Launches ∞Power 6.25MWh 2h/4h BESS EU Version and Accelerating “Manufacturing in Europe” Through Partnership with GCRPV

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MUNICH, May 9, 2025 /PRNewswire/ — On May 7-9, 2025, Hithium presented its full-scenario energy storage product portfolio at The smarter E Europe and officially launched the ∞Power 6.25MWh 2h/4h BESS EU Version, a system custom-designed for the European market. Featuring five key attributes—superior safety, high compatibility, easy maintenance, cost-effectiveness, and eco-friendliness—the system breaks through multiple constraints in capacity, scenarios, and environmental standards, empowering Europe’s transition toward low-carbon, sustainable energy. At the event, Hithium also signed a Memorandum of Understanding with Spanish venture capital management company GCRPV to pursue full-chain collaboration across the energy storage industry. This partnership marks a pivotal step forward in Hithium’s strategy for localized manufacturing in Europe.

At this year’s exhibition, Hithium also unveiled its all-scenarios customized product portfolio, including high-capacity ∞Cell 587Ah and 1175Ah battery cells, the ∞Pack+ full-scenario high-capacity energy storage platform, the ∞Cell N162Ah sodium-ion battery, and the ∞Block 261kWh C&I integrated storage cabinet. This comprehensive showcase highlights Hithium’s industry-leading innovation and scenario-based approach, while further underscoring its strong commitment to supporting Europe’s transition to green energy.

Unlocking Full-scenario Customization: The ∞Power 6.25MWh 2h/4h BESS EU Version Breaks Through Multiple Barriers

In recent years, long-duration BESS of four hours or more have emerged as a key focus and growing trend in the European energy storage market, as they effectively smooth power supply and demand fluctuations and significantly enhance system profitability.

The ∞Power 6.25MWh 2h/4h BESS EU Version is a customized solution by Hithium, designed to meet Europe’s increasing demand for long-duration energy storage. The system integrates seamlessly with renewable energy sources and supports a variety of inputs such as photovoltaic and wind power. With its high level of flexibility, it caters to the region’s diverse energy infrastructure.

Unlocking Capacity Constraints: The ∞Power 6.25MWh 4h BESS EU Version is equipped with the ∞Cell 1175Ah high-capacity cell. This enables more than a 30% reduction in non-cell component costs on the DC side during system integration, significantly lowering manufacturing equipment investment and markedly improving system consistency.

Unlocking Scenario Constraints: The ∞Power 6.25MWh 2h/4h BESS EU Version is built upon Hithium’s ∞Pack+ full-scenario high-capacity energy storage platform. It enables customized deployments tailored to the geographical and environmental conditions across different regions in Europe, achieving comprehensive scenario coverage.

Notably, the ∞Power 6.25MWh 2h/4h BESS EU Version adopts corrosion-resistant materials and structural designs to ensure long-term, stable operation in high-salinity coastal environments, addressing the needs of coastal applications across Europe. Hithium’s system, however, supports a wide temperature range and can function reliably in cold conditions down to -30°C, ensuring uninterrupted energy supply during harsh winters in Europe’s high-latitude regions.

Unlocking Environmental Constraints: The ∞Power 6.25MWh BESS 2h/4h EU Version features a low-noise design. This makes it suitable for noise-sensitive environments such as hospitals, schools, and residential areas, fully meeting Europe’s stringent standards for quiet operation. In addition, its structural components are 100% recyclable, ensuring minimal environmental impact and aligning with the region’s sustainability goals.

Moreover, the ∞Power 6.25MWh 2h/4h BESS EU Version offers a service life of up to 25 years. The system modules feature flame-retardant top caps to prevent thermal propagation between packs, and an innovative dual-layer BMS ensures SIL2-level functional safety and cybersecurity.

Signing MoU with Spanish Firm GCRPV, Accelerating Toward “Manufacturing in Europe“

During the exhibition, Hithium announced a strategic partnership with GCRPV, a venture capital firm backed by the Basque Government, to advance full-chain localization in Europe—from battery manufacturing and R&D to recycling infrastructure. This collaboration marks a decisive step in Hithium’s “Local for Local” strategy, strengthening its foothold in Europe’s renewable energy market.

With established commercial operations in Europe—including a German subsidiary in Munich and landmark projects like Bulgaria’s 55MWh storage system and Hungary’s first customized storage solution—Hithium is now deepening its commitment through localized production and innovation.

By accelerating its full value-chain deployment across Europe, Hithium is not only advancing the pace of localized manufacturing but also redefining the global expansion model for Chinese new energy enterprises through deep integration of technology, supply chains, and standards. Whether through precise scenario-based deployments, effective production output, or collaborative ecosystem building, these efforts mark a new chapter in Hithium’s globalization strategy—delivering a comprehensive “Hithium Solution” to power Europe’s green energy transition.

About Hithium

Founded in 2019, Hithium is a leading global company in new energy technology, committed to delivering energy storage solutions centered on advanced energy storage battery and system technologies. Hithium has cultivated robust research, production, sales, and service capabilities in global markets. As the only single-focused energy storage company to achieve GWh-scale global shipments of lithium-ion ESS batteries, Hithium’s customer-centric focus drives technological and innovative products and solutions for customers across more than 20 countries and regions.

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Tecpinion Launches Sweepstakes Industry Analysis Report 2026, Covering Market Insights, Growth, Regulation, Technology and Industry Future

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Tecpinion’s 2026 report examines U.S. sweepstakes growth, rules, technology and future scenarios.

MIAMI, Sept. 26, 2026 /PRNewswire-PRWeb/ — Tecpinion, a GLI-19 iGaming platform provider delivering technology solutions across iGaming, sweepstakes, prediction markets and other digital gaming verticals, today announced the launch of its new industry report, “Sweepstakes Industry Analysis 2026: Market Dynamics, Trends & Forecast.”

Sweepstakes industry Report 2026 – Latest Insights into Market Growth, Regulation, Technology and the Future of the sweepstakes/social Industry

The report is designed not only to examine where the sweepstakes industry stands today, but also to share practical market insights and contribute to a more informed industry conversation as the sector continues to evolve.

The research provides a detailed assessment of the U.S. sweepstakes ecosystem, covering market structure, consumer behaviour, business economics, regulation, technology, payments, customer acquisition, competitive dynamics and the 2026–2030 outlook. It spans 16 analytical sections, five market segments and 12 U.S. states, supported by nine strategic exhibits and 21 primary, regulatory, standards and company sources.

As the industry moves from experimentation toward greater professionalisation, the report highlights a shift in competitive priorities. Launch speed alone is becoming less important as operators increasingly need to balance customer acquisition, retention, payment reliability, fraud prevention, promotional costs, regulatory requirements and consumer trust.

A Sneak Peek at the Report

One of the report’s key observations is that a single official market-size figure cannot accurately capture the sweepstakes industry. Different estimates can cover very different segments. Rather than presenting an unsupported headline number, the report takes a segmented, scenario-based approach to understanding the market.

The report identifies five key segments: promotional sweepstakes, social casino, sweepstakes casino, prize-based gaming and B2B sweepstakes technology.

Technology is also becoming a major competitive layer. Modern platforms increasingly depend on PAM, payments, identity and age verification, geolocation, fraud detection, CRM, analytics, game aggregation and security. The report also explores practical AI applications, including LTV prediction, churn analysis, player segmentation, fraud detection, forecasting and customer support.

Regulation remains another defining factor. The report assesses 12 U.S. states, examining regulatory attention and legislative activity while highlighting the importance of jurisdiction-specific analysis.

Looking ahead, the report presents four 2026–2030 scenarios – professionalisation, high growth, regulatory constraint and technology-driven growth, and explores how regulation, technology, payments, trust and customer economics could shape the industry’s next phase.

Knowledge Sharing at the Core

For Tecpinion, the report is also about sharing knowledge, not just presenting data.

“We believe the industry grows stronger when knowledge is shared. Sweepstakes is evolving quickly, and operators and technology providers are facing many of the same questions around regulation, technology, payments, customer acquisition, trust and long-term sustainability. By sharing our research and observations, we want to contribute to a more informed industry where businesses can learn from one another, innovate responsibly and build for the long term.” said [Manoj Trivedi, Co-Founder & CSMO, Tecpinion].

The publication forms part of Tecpinion’s broader commitment to industry research, thought leadership and knowledge sharing across the evolving digital gaming ecosystem.

Access the Full Report

The full “Sweepstakes Industry Analysis 2026: Market Dynamics, Trends & Forecast” is now available for operators, technology providers, affiliates, investors and industry professionals looking to understand the trends, challenges and opportunities shaping the market.

👉 [Explore the Full Report]

About Tecpinion

Tecpinion is a GLI-19 iGaming platform provider delivering technology solutions across online casino, sportsbook, sweepstakes, prediction markets, social gaming and emerging gaming verticals. Its offerings include full source code, iGaming platform development, PAM, game aggregation, payment solutions, KYC, geolocation, fraud prevention, CRM, bonuses and promotions, affiliate management, analytics, responsible gaming, security and compliance technology.

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Manoj Trivedi, TECPINION, 91 9926504499, sales@tecpinion.com, https://www.tecpinion.com/ 

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SOURCE TECPINION

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Agoda Unveils 2026 Return Visitor Ranking: Tokyo Is Asia’s Most Revisited City

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SINGAPORE, Sept. 26, 2026 /PRNewswire/ — Digital travel platform Agoda has unveiled its latest Repeat Visitor Ranking, highlighting the top 10 destinations across Asia that keep travelers coming back for more. Based on bookings made during the first half of the year, Agoda reveals that Tokyo has claimed the top spot for the first time, overtaking Bangkok. Rounding out the top five are Bali—ranking third place for the first time—followed by Seoul and Osaka. Da Nang, Kuala Lumpur, Fukuoka, Taipei, and Johor Bahru complete the top 10 list.

Some destinations have a way of calling travelers back for more. The chance to discover new attractions, revisit fond favorites, or simply enjoy the familiar surroundings keeps travelers booking again and again. Agoda’s data shows that these beloved places often attract repeat visits, with some travelers returning multiple times in just the first half of the year.

Tokyo’s rise to number one reflects its unique ability to offer something new with each visit, from seasonal spectacles like cherry blossoms to hidden neighborhoods and an unmatched culinary scene. Bangkok, ranking second, continues to captivate with its unparalleled wellness experiences, world-class dining, and cultural landmarks. Bali’s climb to third place underscores the island’s magnetic appeal with its irresistible beaches, spiritual retreats, and lush landscapes that enchant travelers time and again.

This year’s ranking also reveals the rising appeal of Japan and Vietnam as increasingly popular places people love to revisit. Beyond Tokyo’s ascent to the top, Fukuoka has entered the top 10 for the first time at number eight, signaling travelers’ desire to explore beyond Japan’s traditional tourist hubs to experience Fukuoka’s renowned ramen culture and laid-back atmosphere. Meanwhile, Vietnam’s Da Nang has climbed two spots to sixth place, with its stunning beaches, proximity to UNESCO sites like Hoi An, and excellent value drawing visitors back repeatedly.

Andrew Smith, Senior Vice President, Supply at Agoda, shared, “Asia is home to so many destinations that are worth revisiting, and what we’re seeing is that travelers are building relationships with their favorite cities. The shift with Tokyo’s rise to number one and destinations like Fukuoka and Da Nang gaining ground show that travelers are finding new reasons to return, whether it’s seasonal attractions, undiscovered neighborhoods, or simply great food. At Agoda, we’re here to make those return trips easy and rewarding.”

For travelers looking to revisit their favorite destinations or discover new ones, Agoda offers over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in a single booking. Visit the website at www.Agoda.com or download the mobile app for the best deals.

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SOURCE Agoda

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FDIC Appoints Sunwest Bank as Nano Banc’s Acquiring Institution

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IRVINE, Calif., Sept. 25, 2026 /PRNewswire/ — Sunwest Bank has acquired Nano Banc of Irvine, California in an FDIC-assisted acquisition. The Federal Deposit Insurance Corporation (FDIC) accepted receivership of Nano Banc from the Department of Financial Protection and Innovation (DFPI), which closed Nano Banc on Friday, September 25th. The FDIC subsequently entered into an agreement with Sunwest Bank, under which Sunwest agreed to acquire substantially all the deposits and a portion of assets of Nano Banc. The assumed deposits total approximately $605 million and assumed loans total $227 million.

Nano Banc customers will have immediate access to their deposits. Over the weekend, they can access their deposits by writing checks, using ATMs or through their debit cards. Checks drawn on Nano Banc will continue to be processed. All loan customers should continue to make their payments as usual. The former Nano Banc will reopen as Sunwest Bank on Monday, September 28th.

“We are honored to once again to be selected by the FDIC as the acquiring institution of an FDIC-assisted acquisition, marking the sixth time Sunwest Bank has completed such a transaction,” said Carson Lappetito, President and CEO of Sunwest Bank. “This opportunity reflects the financial strength, disciplined management, and stability that have defined Sunwest Bank for more than five decades. We are excited to welcome Nano Banc’s customers to Sunwest and show them the high-touch service, advanced technology and sophistication we offer to our clients.”

Customers with questions should contact the FDIC toll-free at 1-866-314-1744 or visit the FDIC Website at FDIC.GOV. This phone number will be operational this evening until 8:00 p.m., Pacific Time (PT); on Saturday from 9:00 a.m. to 5:00 p.m., PT; Sunday from noon to 12:00 p.m. to 4:00 p.m., PT; Monday from 8:00 a.m. to 5:00 p.m., PT, and thereafter, weekdays from 8:00 a.m. to 4:00 p.m., PT. 

About Sunwest Bank

Founded in 1969, Sunwest Bank is a privately held commercial bank with over $5.0 billion in assets. With a growing presence throughout the United States, Sunwest is headquartered in Sandy, Utah, with offices across California, Arizona, Idaho, Colorado, Utah, and Florida. The bank partners with businesses,

individuals, and entrepreneurs nationwide to deliver leading banking services including technology forward treasury management, commercial and real estate lending products, and corporate financial solutions.

With a strong capital position and a commitment to innovation, Sunwest Bank continues to challenge traditional banking models through forward-thinking initiatives designed to support its clients’ growth and long-term success. Sunwest Bank operates with a Fortress Balance Sheet, long-term outlook, and has an impeccable track record of supporting their clients through all economic cycles.

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SOURCE Sunwest Bank

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