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SOFAR Energy’s PowerMagic Wins Red Dot Design Award, Revolutionizing Commercial Energy Storage

On June 24, 2024, the prestigious Red Dot Design Award ceremony took place in Essen, Germany. Among the winners, SOFAR Energy’s commercial energy storage solution, PowerMagic, stood out, receiving the Red Dot Product Design Award 2024. This distinction not only recognizes the aesthetic design of SOFAR’s product, but also underlines the company’s breakthrough in energy storage product innovation. PowerMagic sets a new trend in the development of global commercial energy storage.

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The award-winning PowerMagic, one of the few commercial energy storage systems on the market that adopts AC-coupled technology, boasts four significant advantages: lower levelized cost of storage (LCOS), high efficiency and flexibility, highest security and intelligent management. This system, consisting of a grid-connected/off-grid cabinet, a coupler and amplifier cabinet, an energy storage cabinet and a battery cabinet, can serve as an emergency power source. It also enables efficient peak shaving and arbitrage, accelerating the green energy transformation and the digitalization of renewable energy resources.

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In the current PV and energy storage market, reducing the life cycle cost of storage (LCOS) and increasing the return on investment are major concerns for commercial users and grid operators. PowerMagic, with its master-slave architecture, is compatible with a 320 Ah battery cell design, offering high energy density and scalable capacity of a single cabinet up to 393 kWh. This simplifies on-site installation and significantly reduces the initial investment cost. In addition, efficient liquid cooling and intelligent humidity control design drastically reduce the dew point temperature inside the cabinet, extending the system life cycle and achieving lower LCOS.

The modular design of the PowerMagic storage rack meets the diverse and dynamic power demands of the commercial sector. It supports flexible AC and DC expansion, with a maximum parallel power on the AC side of up to 1290 kW and DC capacity expansion spanning 2-8 hours. This versatility meets a wide range of needs from small commercial buildings to large industrial facilities.

Safety is the lifeline of any energy storage system. PowerMagic adopts the “3+2” safety protection system and water-electricity separation design. Combined with the multi-level fire protection system, including cell-level gas fire protection, cabinet-level gas and water fire protection, and explosion venting and exhaust designs, it forms a comprehensive safety network. These designs not only meet the international high-standard certifications (such as IEC62477-1, UN38.3, UL9540A, etc.), but also demonstrate SOFAR Energy’s strong commitment to user safety, alleviating the safety concerns of energy storage systems.

The energy storage cabinet integrates EMS functionality, optimizing power quality and response speed with intelligent control algorithms. It effectively prevents reverse current, performs peak shaving and valley filling, and manages demand, enabling intelligent monitoring. In addition, PowerMagic supports automatic on-grid and off-grid transfer, smoothly adapting to grid demand. This not only increases the flexibility and stability of the grid, but also provides crucial support for a large part of renewable energy integration, helping grid operators to better power operation and maintenance services.

Currently, SOFAR Energy’s PowerMagic commercial energy storage solution has been widely used in various provinces of China, including Zhejiang, Jiangsu and Guangdong. It plays an irreplaceable role in stabilizing the power supply of enterprises, optimizing the electricity structure of enterprises and reducing the energy cost of enterprises.

This honor is not only a recognition, but also a starting point. SOFAR Energy, achieving a “nice-to-have” product, is committed to making it “easy to use”. Amid the global wave of energy transformation, SOFAR Energy will seize this momentum, strengthen its innovative spirit, and consolidate its innovative foundation. With the advanced energy storage solutions represented by PowerMagic, SOFAR Energy aims to promote clean, low-carbon, safe and efficient energy use, facilitate high-quality development in the energy storage industry, and jointly create a new green and low-carbon landscape with global partners.