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TÜV Rheinland Awards First Pre-Certification in India to Avaada Group for Green Hydrogen and Green Ammonia Production Facility at Gopalpur, Odisha

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First-of-its-Kind Certification Sets New Benchmark for Sustainable Energy Solutions.

NOIDA, India, July 2, 2024 /PRNewswire/ — TÜV Rheinland, a global leader in independent technical services, proudly announces the issuance of its first Pre-Certification in India to Avaada Group, a leading “sand to molecule” company.

This certification was provided to Avaada GH2 Private Limited to produce Green Hydrogen and Green Ammonia as part of its integrated Greenfield project, a renewable energy-powered hydrogen-ammonia plant with a production capacity of 0.5 MMTPA of Green Ammonia in Gopalpur, Odisha along the East Coast of India. The plant will cater to both Domestic and International customers.

Avaada’s project has been assessed and is found to fulfill all the required design criteria for the entire Greenfield project, based on defined production methods, storage methods, and transportation of the product to the neighboring port for Green Hydrogen and Green Ammonia. TÜV Rheinland’s pre-certification for RFNBO (Renewable Fuels of Non-Biological Origin) under the European Union’s Renewable Energy Directive II (REDII) regulations provides evidence of the production, storage, and transportation of Green Ammonia in a climate-neutral manner on Well-to-Port basis.

By providing Green Hydrogen and Green Ammonia certification (as per TÜV Rheinland Standard H2.21 RED II Hydrogen), TÜV Rheinland enables its stakeholders to ensure that Green Ammonia and Green Hydrogen produced from regenerative sources have significantly lower levels of greenhouse gas emissions compared to conventional hydrogen or fossil fuels.

On achieving the significant milestone, Mr. Vineet Mittal, Chairman of Avaada Group, said, “Securing the Design Stage Certification from an international player like TUV Rheinland for our Green Hydrogen and Ammonia Plant in Gopalpur, Odisha, is a testament to Avaada’s leadership in sustainable project development. This certification adheres to the stringent requirements of the Renewable Energy Directive II (RED II) including renewable energy power usage, geographical and temporal correlations, and Greenhouse Gas emission intensity, showcases our commitment to environmental excellence.

Our project’s compliance with European Union regulations and achievement of a carbon intensity well below the RED II limit highlights our dedication to reducing environmental impact. Moreover, Avaada takes pride in being the first company in India to complete the design stage certification as per the EU regulations. This landmark achievement marks a significant milestone in our journey towards sustainability and innovation in the green hydrogen and its derivatives sector.”

Commenting on this achievement, Mr. Benedikt Anselmann, Regional Executive Vice President, India, Middle East & Africa, TÜV Rheinland, said, “We are pleased to award this pre-certification to Avaada GH2 Private Limited, marking our first in India for Green Hydrogen and Green Ammonia production. The journey towards a sustainable future is well underway, with green hydrogen playing a pivotal role in the global energy transition.”

Mr. V Ravi Kumar, Vice President, Industrial Services, TÜV Rheinland India, added, “This pre-certification is a testament to Avaada’s commitment to excellence in green hydrogen and ammonia production. We are proud to support Avaada in their journey towards sustainable energy solutions and look forward to seeing the positive impact of their Greenfield project.” He added, “Our TÜV Rheinland Standard H2.21 sets the criteria for certifying a zero or negative Product Carbon Footprint. Our RED II compliant Hydrogen certification covers Green, Blue, Turquoise, and Carbon-Neutral Hydrogen, enabling customers to verify multiple climate-friendly aspects with one certification.”

About TÜV Rheinland:

TÜV Rheinland stands for safety and quality in virtually all areas of business and life. The company has been operating for more than 150 years and ranks among the world’s leading testing service providers. It has more than 22,000 employees in over 50 countries and generates annual revenues of more than 2.4 billion euros. TÜV Rheinland’s highly qualified experts test technical systems and products around the world, support innovations in technology and business, train people in numerous professions and certify management systems according to international standards. In doing so, the independent experts generate trust in products as well as processes across global value-adding chains and the flow of commodities. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com 

About Avaada Group

Avaada Group is at the forefront of the energy transition, involved in Renewable Energy Generation, Solar PV Manufacturing, development of Green Fuels including Green Ammonia, Green Methanol and Sustainable Aviation Fuel, and providing Energy Storage Solutions. Under Mr. Vineet Mittal’s leadership, the group has become a significant global energy player. Avaada Energy, its renewable power generation arm, aims to achieve 11 GWp capacity by 2026. Avaada’s strong execution capabilities and proven track record have attracted significant international investments, including a fund commitment of US $1.3 billion in 2023.

For further information, please contact:

TÜV Rheinland

Mr. Samrat Sinha

Brand and Communications

TÜV Rheinland

Email: Samrat.Sinha@ind.tuv.com

Avaada Group

Corporate Communications

8850960705

corporatecommunications@avaada.com

 

Website: www.avaada.com

Twitter: @avaadagroup 

Facebook: @AvaadaGroup 

LinkedIn: @AvaadaGroup

 

 

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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