The Year of 2024: Dyness Explores Longevity and Innovative Breakthroughs in the Changing Global Marketplace

This year, we have observed emerging market opportunities as well as many challenges. As the global energy transition is accompanied by steadily growing market demands, Dyness has been bold enough to jump on the bandwagon and contribute to the development of clean energy around the world, and has achieved remarkable success in 2024.

Evolving Global Energy Storage Market Potential

At COP28, the participants reached the Global Renewables and Energy Efficiency Pledge. This commitment aims to limit the rise in global temperatures to 1.5°C. To achieve this, it is imperative that the world increases its renewable energy capacity by a factor of three by 2030, bringing the total to at least 11,000 GW. Furthermore, the global average annual rate of energy efficiency improvements must be doubled from approximately 2% to over 4% annually until 2030. Notably, COP29 Presidency officially launched COP29 Energy Initiatives, calling for endorsements for the COP29 Global Energy Storage and Grids Pledge. This initiative aims to mobilize commitments from various stakeholders to collectively achieve the deployment of 1,500 GW of energy storage capacity worldwide by the year 2030. This target is more than six times the capacity of 2022. Fatih Birol, the Executive Director of International Energy Agency (IEA) further emphasized that energy storage and resilient grids should be given key priorities to build more secure, affordable, and sustainable energy systems.

The role of energy storage in the global energy transition is self-evident. This year, from grid collapse instances in Nigeria to serious blackouts that affect the daily lives of residents in Brazil caused by storms, what can be seen is that factors such as aging grids and extreme weather contribute to the instability of electricity in some regions, prompting demands for reliable power supply solutions. Concurrently, the C&I segment is also emerging as a highly attractive market worldwide this year. Rising electricity costs and interrupted grid power push businesses to seek alternative electricity sources to stabilize operations and cut expenses. It is predicted that the C&I market will continue to grow in the coming years, particularly in countries such as China, the UK, Italy, and so on.

However, it should be noted that there are also some barriers on the path. Uncertain regional policies, fluctuating market conditions, and diverse user needs all present challenges to players in this market.

How Dyness Stands Out in the Changing Market

Facing the evolving market and varied market barriers, Dyness has its unique way of coping with these challenges. The commitment to "Achieving Customer Priority" enables Dyness to respond to the changing market with a focus on customer value. Moreover, continuous technological innovation keeps it ahead of the curve, and global market validation fuels its sustainable endeavors.

What makes Dyness establish its undefeated position? It lies in several aspects from comprehensive energy storage solutions to a globalized market construction and well-built brand influence.

· Reliable and Innovative Solution Portfolio

Dyness owns a comprehensive product matrix from residential applications to C&I scenarios. Featuring optimal safety and superior performance and efficiency, these solutions have been recognized by users worldwide.

Home solution with all-round robustness : With powerfulness in all facets, Dyness residential solutions boast ultimate safety and durable reliability to provide an efficient power supply as well as an intelligent and worry-free use experience, versatile in multiple applications. Represented in Dyness household solutions, the DL5.0C, has a 1C charging and discharging ratio, allowing it to adapt to shock loads and cope with blackout scenarios. In Africa, the DL5.0C has been deployed as a reliable backup power source, ensuring uninterrupted electricity for a nursery hospital facing blackouts this year. The Tower Series features a wide compatibility with over 30 inverter brands such as KOSTAL, SMA, Victron, KACO, Solis, etc, making it a popular choice in solar + storage applications in Europe. Other products like the Powerbox Pro, B4850 and so on also attracted popularity in users around the world.

Safe and reliable C&I product set : In the C&I sector, Dyness solutions could cater to various usage conditions and energy requirements. Scalable from 35.84kWh to 5MWh, Dyness C&I solutions offer multiple safety guarantees and full-scenario support. Additionally, Dyness Cloud-Edge Collaboration and the latest big-data technologies ensure an intelligent energy management experience. In 2024, many business owners chose Dyness C&I solutions to power their stable operations. From a Brazilian food factory to a supermarket in Tenerife, from a Dutch bowling club to a Greek office park, Dyness C&I products are witnessed as a robust power supply to realize peak-shaving and self-sufficiency.

New launches with enhanced experience : At the core of technological innovation, the launches of iterative and upgraded new products are a demonstration of Dyness' ability to meet the diverse needs of its customers. This year, Dyness released innovative products designed for different scenarios and demands.

For household users, the Powerbox G2, represents a significant upgrade to our flagship residential low-voltage energy storage system, and excels in output efficiency with the shortest power path design, system stability with a built-in active fire protection device, and space utilization with a significant reduction of 30% in volume, offering unparalleled performance and an optimal user experience. In addition, Dyness also launched the PowerBrick specially for the Middle East, Southeast Asia, and South Africa markets. This new cost-effective solution features a minimalist structure to facilitate an optimal experience during installation, space utilization, and aesthetic considerations. Besides, its robust capability and extended lifespan could also provide more flexibility and power stability.

In 2024, Dyness unveiled several energy storage solutions that are tailored to meet distinct use cases in the expanding C&I market. In order to solve the problems of product structure flexibility and system module temperature unevenness, Dyness innovatively introduced the STACK100, which is a stackable C&I energy storage system designed for high-voltage and light business scenarios, excelling in safety, performance, installation and maintenance, and configuration. It adopts the first built-in air duct design for stacked products, which can solve the problem of temperature difference between the upper and lower modules when the products are stacked to a certain height, making the temperature difference between the modules is less than or equal to 3℃. The STACK100 also eliminates complex wiring operations, making installation easier and more convenient, and the overall installation time is less than 40 minutes. The DH100F, is a revolutionary all-in-one energy storage system for small C&I scenarios. Ranging from 71kWh to 100kWh, this all-in-one system is capable of offering full-scenario adaptability and supreme efficiency in low investment.

· Deeply Rooted Global Presence

Steadfast localized construction : Dyness is dedicated to building a global layout with over 7 years of market experience. By now, Dyness already has 13 branches globally in Europe, Asia, Africa, America, and Oceania. Based on these branches, this company has established localized marketing and service centers, providing timely and targeted service and support.

Sturdy global collaborations : This year has also been rich with achievements in our global partnerships. In February, the Tower T14, the flagship model in the Tower series, was tested in conjunction with the Kostal PLENTICORE plus G2 10 inverter and achieved a 94.2% system performance index and a rating of B ("good") according to the Stromspeicher-Inspektion 2024 by HTW Berlin, demonstrating the excellent efficiency of KOSTAL + Dyness energy storage solution. In May, Dyness, in collaboration with local industry partners in the Philippines, held a joint brand press conference, and unveiled its high-voltage series of full-scenario energy storage solutions for the Philippine market for the first time, which is a reflection of its determination to cultivate the global energy storage business with local adaptations. In September, Victron and Dyness officially announced the compatibility between all 48V Multis, MultiPlus, Quattros and RS inverters of Victron and Dyness all 48V and 51V low-voltage residential batteries, signaling Dyness' robust partnership with well-known inverter brands.

Globe-spanning footprints : Furthermore, Dyness highlighted its presence at abundant industry exhibitions and gatherings across the globe in 2024, spanning from North America to Chile, the UK to the Philippines, and South Africa to Australia, driving the advancement of global sustainable pursuits together with local partners and friends. At Intersolar Europe 2024, Dyness once again proved the value of innovation by unveiling its latest residential and C&I products, and reinforced the commitment to strengthening collaborative partnerships through the inauguration of the new cooperation. Turning the camera to China, Dyness showcased its full-scenario energy storage solution and brand-new digital intelligence Cloud Platform for the Chinese market, in Shanghai, SNEC 2024.

Devoted customer services : With customer value at the center of business, Dyness has established a global service system to support worldwide expansion. For every single market like Europe, APAC, Africa, and America, localized after-sales centers with full-process tracking services are built to provide professional support. Meanwhile, the global hotline center is also available 24 hours a day to offer prompt response and assistance to customers.

· Forward-looking Brand Establishment

Dyness has proclaimed its position as "The Global Pioneering Energy Storage Solutions Innovator" this year, demonstrating its commitment to meeting diverse market needs through technological innovations. Furthermore, Dyness also makes its mission clearer this year to adhere to "Driving digital energy development, reducing the cost of energy acquisition, and lowering Earth's temperature" for contributing to global sustainable business. Based on this brand foundation, the company is striving to make renewable energy benefit everyone.

Backed by a strong brand strategy and technological strengths, Dyness achieved plentiful fruits in brand reputation in 2024. In March of this year, the Junior Box, a balcony energy storage product, won the iF Design Award, representing international recognition in the field of product functionality and aesthetic design by Dyness. In the same month, Dyness won dual awards of the 2023 Energy Storage Industry Excellence in Technological Innovation Award and the Excellence in New Industrial and Commercial Energy Storage Solutions Award by OFweek, serving as a strong recognition of its technological advantages in industrial and commercial energy storage solutions. What is more, the listing on "2024 China's Top 100 New Energy Storage Brands" by EESA further confirmed the company's significant brand influence in this industry.

Looking ahead to 2025, there are more and more national and regional governments are considering adding energy storage to their initiatives to optimize the generation mix and balance the power supply like Brazil and India, which offer a positive sustainable prospect for the global energy landscape. Furthermore, the ongoing comprehensive and in-depth standardization and regulation of the players are building a robust full-round guarantee (safe, operation and maintenance, etc.)  for the market. Following the values of "Be true, be pragmatic, be excellent, be altruistic", Dyness will work hard to be a reliable and long-term partner for every customer with valuable support and services.

PR Contact

Riverego Jiang

Senior Brand Manager

riverego.jiang@dyness-tech.com

Mille Li

Brand Manager

mille.li@dyness-tech.com