AMD Achieves First TSMC N2 Product Silicon Milestone
AMD announced that its next-generation EPYC processor, codenamed “Venice,” is the first HPC product in the industry to be taped out and brought up on the TSMC advanced 2nm (N2) process technology.
Rimac Energy announced the SineStack, a highly integrated battery energy storage and power delivery system, designed to support the renewable energy infrastructure and enable a faster transition to a renewably powered future. The SineStack is a technological powerhouse; the clean-sheet design contains innovations that push down the levelized cost of storage, increase round-trip efficiency, and greatly improve energy stored per square meter.
With the introduction of SineStack, the company also announced an intent to partner with ENNA, a leading renewable investor and energy company in Croatia. The companies intend to deploy Rimac Energy’s SineStacks to ENNA’s grid-tied renewable energy generation projects and beyond. The first pilot project will be delivered to ENNA’s sites in 2024, enabling both companies to refine the project’s implementation plans.
“We’re excited to launch SineStack, Rimac Energy’s first flagship product for the utility-scale and C&I energy storage markets. SineStack is the result of a clean-sheet design in hardware and software and multiple years of R&D. It pushes the limits of what grid-tied batteries can offer customers. We’re delighted to partner with ENNA to bring our first products to market, accelerating the deployment of clean, renewable, resistant, and low-cost energy in Southern and Eastern Europe. We can’t wait to see SineStack in customers’ hands across Europe and we are ramping up our European production to meet demand," said Wasim Sarwar Dilov, Director of Rimac Energy.
“Rimac Technology is renowned for pushing boundaries in the electric vehicles components industry and SineStack now setting off to introduce the next generation of ESS. We could not wish for a better partner to actualize our shared ambitions for sustainability and the pioneering rollout of storage solutions in key markets in Southern and Eastern Europe. The proposed partnership aims to propel us forward in making renewables, backed by cutting-edge storage technology, a cornerstone of Croatia’s energy landscape,” added Zoran Miliša, CEO of ENNA Opskrba.
The SineStack is a commitment to meet Europe's urgent energy transition demands by delivering a European-manufactured battery energy storage system. By championing local production and sustainability, Rimac Energy aims to play a pivotal role in advancing environmental responsibility and extending the reach of sustainable energy solutions, setting the stage for a cleaner, lower-cost, and more resilient future across the continent. Rimac Energy’s planned partnership with ENNA plays a key role in expediting sustainable energy initiatives throughout Southern and Eastern Europe and beyond, with Croatia serving as the initial launchpad for this transformation.
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