BURGAS, Bulgaria, June 4, 2025 /PRNewswire/ -- Sigenergy brought together nearly 300 global energy professionals in Burgas to explore the future of commercial and industrial (C&I) energy storage. A key highlight of the event was a visit to a landmark 20 MWh project in Malko Tarnovo, powered by Sigenergy's modular C&I battery energy storage system (BESS). The project highlights the scalability and real-world impact of next-generation storage technology.
In partnership with Trakia MT Ltd., a leading Bulgarian solar company, the system is installed on a solar farm and features 90 Sigenergy C&I hybrid inverters combined with the SigenStack modular storage solution.
Tony Xu, Founder and CEO of Sigenergy, commented: "Sigenergy's mission is to accelerate the global transition to clean energy with innovative and scalable storage solutions. This project exemplifies how advanced battery systems can drive business growth and decarbonization across industries."
Modularity Transforming C&I Energy Storage
SigenStack introduces a truly modular approach to C&I energy storage—replacing bulky containerized systems with stackable 12 kWh battery packs. With plug-and-play connectors and tool-free installation, the system eliminates complex wiring, the need for cranes, and heavy machinery.
Thanks to this design, the entire 20 MWh system was installed in just 10 days and fully commissioned within 2 days. Galina Peycheva-Miteva, Owner of Trakia MT Ltd., noted: "The installation was incredibly smooth—more like assembling building blocks than deploying industrial infrastructure. This modular design is a game-changer for the C&I energy storage sector."
Safety Engineered at the Pack Level
Sigenergy's C&I BESS solutions set new benchmarks for system safety. At the heart of this innovation is the SigenStack system, engineered with safety at every level. Each 12 kWh battery pack features six layers of protection: temperature sensors, internal fire suppression units, aerogel insulation, decompression valves, high-temperature-resistant insulation pads, and smoke detectors. This configuration enables early detection of thermal runaway at the pack level and initiates a rapid, localized response within seconds.
In contrast, conventional cabinet-style systems typically lack compartmentalization and may take over a minute to react, increasing the risk of fire propagation. By isolating incidents at the module level, SigenStack significantly enhances system reliability and operational safety.
Its advanced inverter platform includes ultra-fast 500 ms anti-backflow protection and long-range arc fault circuit interrupter (AFCI) technology capable of detecting faults up to 500 meters.
To further validate its safety performance, Sigenergy partnered with global assurance provider Intertek to publish a C&I Safety White Paper. The results confirm full compliance with UL 9540A and IEC 62619, structural stability under extreme testing, and sustained operational efficiency above 95%.
Resilience Made for Zero Maintenance
Built on robust safety and modular design, Sigenergy's C&I BESS supports 24/7 autonomous operation. With an IP66 rating for dust and water resistance, it delivers reliable performance across diverse environmental conditions. Conventional cabinet-style systems, however, often contain more vulnerable components and demand monthly inspections, half-year part replacements, and comprehensive annual maintenance.
Real-time monitoring via a cloud-based platform provides full visibility into system status, energy throughput, and alarms, significantly reducing the need for on-site inspections. Maintenance is also streamlined: faulty battery packs can be replaced individually within two hours, without full system diagnostics or on-site technician intervention. This reduces downtime, simplifies spare parts logistics, and minimizes operational costs.
The successful delivery of this project demonstrates Sigenergy's excellence in installation speed, safety, operational reliability, and smart management. Looking ahead, Sigenergy is committed to expanding its global footprint, driving the adoption of safer, more efficient, and sustainable energy solutions worldwide.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sigenergy's 20 MWh Modular C&I Solution Defines the Next Generation of Energy Storage
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Visa's 2026 Global Travel Intentions study shows how Asia Pacific travellers seek trusted destinations, plan with greater intent, and seek flexibility to navigate global uncertainties
SINGAPORE, June 16, 2026 /PRNewswire/ -- Visa, a global leader in payments, unveils key findings from the 2026 Global Travel Intentions (GTI) study, the latest edition of its flagship global study that has captured global travel patterns and preferences for over 20 years.
The study was conducted among over 47,000 respondents worldwide, including more than 17,000 in Asia Pacific markets. This year's edition reveals an important finding: Travellers in the region are responding to global shifts not by travelling less but with greater intentionality – focusing on familiarity, practicality, and flexibility.
Asia Pacific travellers seek familiar favourites, but passions guide them
In a global environment shaped by rising costs and uncertainty, Asia Pacific travellers are reconfiguring their travel footprints – choosing to visit destinations closer to home that offer familiarity, ease of access, and confidence in planning.
According to the GTI study:
- 63 percent of respondents surveyed travelled to destinations within Asia Pacific, dwarfing planned travel to Central Europe, Middle East, and Africa (16%), Europe (13%), and North America (6%).
- Japan was the top destination for nearly one in five respondents (19%), followed by Australia (7%). Thailand, South Korea, and Hong Kong SAR round out the top five at about 5 percent each.
- When asked about planned travel destinations in the coming 12 months, more than one in four (28%) still cite Japan as a destination, followed by 16% for Australia, and 13% for Hong Kong SAR and South Korea.
While Asia Pacific travellers turn to familiar destinations, many are still lining up travel plans to discover unique experiences and pursue their passions:
- 37 percent of Asia Pacific respondents plan their trips around unique local experiences, especially those related to food and culture – exceeding the global average of 29 percent.
- One in four respondents said they would travel for major live entertainment and sporting events such as the FIFA World Cup 2026™, Formula 1™*, and K-Pop.
AI enables practical planning, due diligence
Travellers in Asia Pacific are also becoming methodical when planning for their trips, at a time when conditions at their travel destinations are fluid. According to the GTI study, travellers in Asia Pacific actively "sense-check" various aspects before their trips, from core needs like accommodations to blind spots like insurance, visa requirements, to monitoring local current events.
AI simplifies pre-trip preparations and complements travel websites and social media as key research channels. Nearly half (49%) of respondents use AI tools to discover destinations and ideas – making it the most frequent use case. Other top uses include:
- Gather and curate travel reviews and recommendations (41%)
- Discover local tours and experiences (35%)
Payments are an essential part of pre-trip due diligence. Payment security is top of mind for respondents (33%), followed by card acceptance at 27 percent. These echo how digital payments are a staple for Asia Pacific travellers, with 73 percent bringing along cards or mobile wallets on their trips.
Travellers lock in essentials early, but leave space for flexibility
While travel planning has become more strategic and deliberate, travel experiences do not become rigid and predictable. Instead, travellers lock in essential bookings early and value spontaneity and are open to changing their plans once they arrive:
- Almost four in five (79%) booked accommodations in advance of the trip
- But only half of respondents (51%) booked experiences in advance, suggesting that travellers keep their options open until they reach their travel destinations
- 72 percent of dining decisions are made after reaching their destinations, while 65 percent of transport choices are made during this stage
Danielle Jin, Chief Marketing Officer at Visa Asia Pacific said: "The latest Global Travel Intentions study affirms the importance of travel to Asia Pacific. Travel is not slowing – it is becoming more planned, purposeful, and intentional. As digital-first travellers seek familiar sights and plan more practically, what matters is how destinations, businesses, and issuers enable every traveller to explore the places they love in their own way, from using AI to help travellers pursue their passions, values, and aspirations to delivering secure and seamless payment experiences at every stage of their journeys."
To access the full Global Travel Intentions study or learn how to work with Visa, speak to your Visa representative or contact Visa's Asia Pacific Strategy, Insights, and Analytics team at APInsights&Analytics@visa.com.
*Formula 1 is a registered trademark owned by Formula One Licensing B.V., a subsidiary of the Formula One Group
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Visa supports global events that inspire people worldwide, from sports and music to fashion and entertainment. As the official payment technology partner of the FIFA World Cup™ since 2007 and through partnerships with the Olympic and Paralympic Games, Formula 1, and Shanghai Fashion Week, Visa enables effortless participation for fans of all ages through seamless and secure transaction experiences, shaping cultural conversations, and driving cross-border commerce.
Visa's 2026 Global Travel Intentions study shows how Asia Pacific travellers seek trusted destinations, plan with greater intent, and seek flexibility to navigate global uncertainties
SINGAPORE, June 16, 2026 /PRNewswire/ -- Visa, a global leader in payments, unveils key findings from the 2026 Global Travel Intentions (GTI) study, the latest edition of its flagship global study that has captured global travel patterns and preferences for over 20 years.
The study was conducted among over 47,000 respondents worldwide, including more than 17,000 in Asia Pacific markets. This year's edition reveals an important finding: Travellers in the region are responding to global shifts not by travelling less but with greater intentionality – focusing on familiarity, practicality, and flexibility.
Asia Pacific travellers seek familiar favourites, but passions guide them
In a global environment shaped by rising costs and uncertainty, Asia Pacific travellers are reconfiguring their travel footprints – choosing to visit destinations closer to home that offer familiarity, ease of access, and confidence in planning.
According to the GTI study:
- 63 percent of respondents surveyed travelled to destinations within Asia Pacific, dwarfing planned travel to Central Europe, Middle East, and Africa (16%), Europe (13%), and North America (6%).
- Japan was the top destination for nearly one in five respondents (19%), followed by Australia (7%). Thailand, South Korea, and Hong Kong SAR round out the top five at about 5 percent each.
- When asked about planned travel destinations in the coming 12 months, more than one in four (28%) still cite Japan as a destination, followed by 16% for Australia, and 13% for Hong Kong SAR and South Korea.
While Asia Pacific travellers turn to familiar destinations, many are still lining up travel plans to discover unique experiences and pursue their passions:
- 37 percent of Asia Pacific respondents plan their trips around unique local experiences, especially those related to food and culture – exceeding the global average of 29 percent.
- One in four respondents said they would travel for major live entertainment and sporting events such as the FIFA World Cup 2026™, Formula 1™*, and K-Pop.
AI enables practical planning, due diligence
Travellers in Asia Pacific are also becoming methodical when planning for their trips, at a time when conditions at their travel destinations are fluid. According to the GTI study, travellers in Asia Pacific actively "sense-check" various aspects before their trips, from core needs like accommodations to blind spots like insurance, visa requirements, to monitoring local current events.
AI simplifies pre-trip preparations and complements travel websites and social media as key research channels. Nearly half (49%) of respondents use AI tools to discover destinations and ideas – making it the most frequent use case. Other top uses include:
- Gather and curate travel reviews and recommendations (41%)
- Discover local tours and experiences (35%)
Payments are an essential part of pre-trip due diligence. Payment security is top of mind for respondents (33%), followed by card acceptance at 27 percent. These echo how digital payments are a staple for Asia Pacific travellers, with 73 percent bringing along cards or mobile wallets on their trips.
Travellers lock in essentials early, but leave space for flexibility
While travel planning has become more strategic and deliberate, travel experiences do not become rigid and predictable. Instead, travellers lock in essential bookings early and value spontaneity and are open to changing their plans once they arrive:
- Almost four in five (79%) booked accommodations in advance of the trip
- But only half of respondents (51%) booked experiences in advance, suggesting that travellers keep their options open until they reach their travel destinations
- 72 percent of dining decisions are made after reaching their destinations, while 65 percent of transport choices are made during this stage
Danielle Jin, Chief Marketing Officer at Visa Asia Pacific said: "The latest Global Travel Intentions study affirms the importance of travel to Asia Pacific. Travel is not slowing – it is becoming more planned, purposeful, and intentional. As digital-first travellers seek familiar sights and plan more practically, what matters is how destinations, businesses, and issuers enable every traveller to explore the places they love in their own way, from using AI to help travellers pursue their passions, values, and aspirations to delivering secure and seamless payment experiences at every stage of their journeys."
To access the full Global Travel Intentions study or learn how to work with Visa, speak to your Visa representative or contact Visa's Asia Pacific Strategy, Insights, and Analytics team at APInsights&Analytics@visa.com.
*Formula 1 is a registered trademark owned by Formula One Licensing B.V., a subsidiary of the Formula One Group
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Visa supports global events that inspire people worldwide, from sports and music to fashion and entertainment. As the official payment technology partner of the FIFA World Cup™ since 2007 and through partnerships with the Olympic and Paralympic Games, Formula 1, and Shanghai Fashion Week, Visa enables effortless participation for fans of all ages through seamless and secure transaction experiences, shaping cultural conversations, and driving cross-border commerce.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Asia Pacific Travellers Seek Familiarity, Practicality, Flexibility Amid Shifting Global Dynamics: Visa Report