Connect with us

Technology

APM Terminals Pipavav (GPPL) Partners With CleanMax to Achieve Net Zero Goals

Published

on

MUMBAI, India, Nov. 27, 2024 /PRNewswire/ — APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of the leading gateway ports in Western India, is proud to announce a partnership with CleanMax, one of Asia’s leading renewable energy providers for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. This partnership reinforces APM Terminals Pipavav’s commitment towards sustainability by reducing its carbon footprint.

The two companies have signed a 25-year Power Purchase Agreement (PPA) for a hybrid Wind-Solar Power Project in Gujarat. This strategic alliance represents APM Terminals Pipavav’s mission to fulfill its industry-leading commitment to achieve full net-zero status by 2040, as well as to reduce its scope 1 and 2 emissions by 65% by 2030, relative to 2022 levels. APM Terminals Pipavav has made the deliberate and comprehensive decision to pursue net-zero operations, acting in the best interests of its stakeholders, including its employees, customers, the environment, and its business operations. Consequently, APM Terminals Pipavav has emerged as a catalyst within the port industry, encouraging other industry participants to adopt similar environmentally responsible practices.

The project, featuring a total capacity of 3.50 MW Wind and 1.06 MWp Solar under the Third-Party Open Access model, was implemented in two phases: the first in January 2022 (2 MW Wind and 0.50 MWp Solar) and the second in September 2024 (1.50 MW Wind and 0.56 MWp Solar). This hybrid energy solution will deliver approximately 54 lakh kWh/units of electricity annually to APM Terminals Pipavav’s port operations in Amreli, Gujarat, helping avoid about 3,822 metric tonnes of CO2 emissions annually – equivalent to planting over 2.24 lakh trees each year. By adopting this clean energy approach, APM Terminals Pipavav is not only reducing its carbon footprint but also aligning with global sustainability targets.

Mr. Girish Aggarwal, Managing Director of APM Terminals Pipavav (GPPL), said, “This partnership with CleanMax demonstrates our decarbonization efforts for the maritime industry. We are the first company in our industry to have our climate targets officially validated by the Science Based Targets initiative (SBTi), a globally recognized authority on climate responsibility. The association with CleanMax ensures we not only meet our renewable energy targets but also contribute meaningfully to India’s larger environmental goals. This further adds to our commitment to achieve full net-zero status by 2040.”

Mr. Kuldeep Jain, Managing Director of CleanMax, shares his insights, “India’s maritime industry plays a critical role in driving economic growth, trade, and job creation. By transitioning to renewable energy, key infrastructure like ports can lead the way in demonstrating sustainable operations. Our partnership with GPPL highlights how CleanMax is helping industry leaders embrace clean energy solutions, ensuring long-term energy security and operational efficiency while significantly reducing carbon footprints. By combining wind and solar, we’re able to offer continuous power generation and reliability that will enable GPPL meet their sustainability targets effectively.”

This partnership highlights APM Terminals Pipavav’s leadership in incorporating sustainability into its core operations and advancing India’s renewable energy agenda. The use of renewable energy is expected to result in long-term cost savings, as renewable energy tariffs are more predictable and less volatile than conventional power tariffs. Moreover, this initiative supports APM Terminals Pipavav’s goal of becoming a certified ‘Green Port’, emphasizing environmentally responsible and sustainable operations.

By partnering with CleanMax, APM Terminals Pipavav is setting a strong example for other ports and industries across the country to follow in the journey towards a cleaner, greener future. This collaboration demonstrates how the maritime industry can play a crucial role in combating climate change and promoting sustainable development.

About APM Terminals Pipavav

APM Terminals Pipavav is one of India’s leading gateway ports for containers, dry bulk cargoes, liquid bulk, and RoRo with excellent connectivity to the India’s northwest hinterland through rail and road network. The current annual cargo handling capacity includes 1.35 million TEUs of containers, 4 million metric tons of dry bulk, 2 million metric tons of liquid bulk and 250,000 passenger cars. APM Terminals Pipavav is India’s first public private partnership (PPP) port and the first port to be connected to the DFC in India and is a part of the APM Terminals global terminal network.

About Clean Max Enviro Energy Solutions Pvt. Ltd. (CleanMax)

CleanMax is one of Asia’s leading renewable energy companies in the C& I (Commercial and Industrial) sector with 2 GW of operating renewable assets with a highly skilled and professional team spread across India, Middle East, and South-East Asia. CleanMax is a Brookfield-backed company. Brookfield is a leading global alternative asset manager with approximately $1 trillion of assets under management. We pioneered the ‘Energy Sale’ model for rooftop solar in India in 2011 and are focussed on being the sustainability & net-zero partner of choice for corporates. CleanMax operates some of the best managed renewable energy assets, including rooftop solar projects, solar farms, wind farms, wind solar hybrid farms and has expanded its services to include renewable energy certificates as well. We serve over 400+ distinct corporates. With many responsible companies in India committing to being Net Zero by 2030, CleanMax’s comprehensive solutions have helped accelerate customer’s shift to clean energy. Companies across industries such as Data Centres, Textiles, Automotive, Chemicals, FMCG, Pharma, Manufacturing have increasingly relied on CleanMax as their Net Zero Solutions provider. The company develops projects on a turnkey basis, providing power on a per kWh basis, under long-term Power Purchase Agreements, at rates better than prevailing grid tariffs. CleanMax was the first Indian company to win the prestigious Transformational Business Awards 2018 by Financial Times (FT) and International Finance Corporation (IFC) in Achievement in ‘Transformational Infrastructure’ category.

 

View original content:https://www.prnewswire.com/in/news-releases/apm-terminals-pipavav-gppl-partners-with-cleanmax-to-achieve-net-zero-goals-302317281.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Ant Digital Technologies CTO: The Agent Economy’s Four Fault Lines Demand a Ground-Up Infrastructure Redesign

Published

on

By

HONG KONG, April 21, 2026 /PRNewswire/ — On April 20, Ant Digital Technologies introduced its architectural vision for the agent economy at Hong Kong Web3 Festival — the “4R Full-Stack Architecture,” comprising four layers: Agentic Runtime, Payment Rails, Agent Registry, and Root Infrastructure — aimed at providing AI agents with foundational technical infrastructure covering identity, payments, risk control, and regulatory compliance.

In her keynote, Dr. Yan Ying, CTO of Ant Digital Technologies identified four fundamental fault lines in the current foundations of the agent economy: execution failures arising from prompt logic vulnerabilities, an accountability vacuum caused by AI’s lack of verifiable identity, transactional barriers stemming from payment gateways designed around human principals, and collaboration risks that emerge when unfamiliar agents cannot establish mutual trust. “This cannot be resolved by patching software,” she stated. “It requires a ground-up redesign at the infrastructure layer.”

The core product of the Agentic Runtime layer is DT Claw, which embeds the CARLI safety model to enforce behavioral constraints on agents at the execution level, supports multi-model compatibility and financial-grade compliance standards, and is designed to ensure that every AI operation is controllable, auditable, and recoverable.

The Payment Rails layer establishes a native on-chain payment channel that integrates agent-driven intelligent decision-making with verifiable credential chain technology, enabling precise identification of payment intent and end-to-end security while delivering full transaction transparency and immutability. For high-frequency micropayment scenarios, the platform builds a native instant settlement network supporting cross-chain, multi-asset seamless transfer and intelligent routing, significantly improving capital turnover efficiency. Additionally, by providing a standardized developer toolchain and a frictionless wallet integration experience, the solution substantially lowers both development barriers and end-user adoption costs — forming a payment closed-loop that balances financial-grade security with best-in-class usability.

The Agent Registry layer issues on-chain identities to each agent based on the DID (Decentralized Identifier) standard and ERC-8004, ensuring every instance of inter-agent collaboration is traceable and verifiable. The Root Infrastructure layer serves as the architectural foundation, leveraging Jovay Layer2 to achieve sub-120-millisecond transaction confirmation in support of AI micropayments, and combining ZKVM technology to enable off-chain computation with on-chain verification — resolving the computational trust problem inherent in the AI economy. As Yan Ying put it, “Root Infrastructure uses blockchain and privacy-preserving computation to provide agents with a tamper-proof contract execution environment. Even two agents with no prior relationship can establish trust through code and transact with confidence.”

AI is currently progressing from the Chat phase through the Action phase and into the era of the agent economy. Yan Ying argued that the defining transformation of this third phase lies not in AI becoming more intelligent, but in AI beginning to hold assets and exercise transactional authority. She noted that over the past decade-plus, Ant Digital Technologies has accumulated deep engineering expertise across financial-grade security, privacy computing, blockchain, and compliance systems — and that the 4R Architecture represents a ground-up research and development effort built upon that foundation.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ant-digital-technologies-cto-the-agent-economys-four-fault-lines-demand-a-ground-up-infrastructure-redesign-302748251.html

SOURCE Ant Digital Technologies

Continue Reading

Technology

Candid Appoints Andrew Shaw as Chief Product & Technology Officer to Accelerate Platform Growth

Published

on

By

Seasoned product leader joins from OLX to scale Candid’s Live Marketing™ AI infrastructure across the UK and beyond

LONDON and AMSTERDAM, April 21, 2026 /PRNewswire/ — Candid, the platform-based advertising, marketing and communications group operating across the Netherlands and the United Kingdom, has today appointed Andrew Shaw as Chief Product & Technology Officer (CPTO), effective immediately.

Working at group level, Shaw assumes responsibility for Candid’s product strategy, technology infrastructure and the scaling of its agency brands and capabilities. His appointment comes at a pivotal moment for the group, with strong and growing market demand for Candid’s proprietary Live Marketing™ platform — an integrated, AI-powered infrastructure spanning strategy, campaigns, media and creative. Shaw’s immediate mandate is to accelerate its development and bring it to enterprise scale.

Shaw joins with a strong international pedigree in product leadership and technology innovation. He was most recently Director of Product at OLX in Amsterdam, and prior to that held a comparable senior product role at adidas in Germany. Originally from South Africa, Shaw spent over five years in Germany before relocating to the Netherlands four years ago, where he has built deep expertise working within complex, international technology organisations.

In his new role, Shaw will work across Candid’s group of agencies and brands — building the product and technology foundations that underpin the group’s client proposition and ensuring the Candid platform maintains its competitive edge in a fast-evolving market.

Andrew Shaw, Chief Product & Technology Officer, Candid:

“My remit is clear: to take Candid’s Live Marketing™ infrastructure from proven technology to a truly differentiated, enterprise-grade and scalable platform — one that holds its competitive advantage in a market that is moving fast.”

Gerard Ghazarian, Founder & President, Candid:

“Andrew brings exactly the depth of product and technology leadership that this moment calls for. He will be instrumental in shaping our product strategy and in building the technology organisation we need to realise our ambitions — in the UK, the Netherlands, and beyond.”

Shaw’s appointment represents a significant step in Candid’s continued investment in its technology capabilities and leadership team. As the group scales across its agency brands and geographies, this appointment signals an unambiguous commitment to building a robust, future-proof platform that delivers tangible, measurable value for clients and brand partners across the portfolio.

Photo – https://mma.prnewswire.com/media/2960657/Candid.jpg

View original content:https://www.prnewswire.co.uk/news-releases/candid-appoints-andrew-shaw-as-chief-product–technology-officer-to-accelerate-platform-growth-302747667.html

Continue Reading

Technology

NX Group to Acquire All Shares in Metro Supply Chain Group of Canada, Turning It into Subsidiary

Published

on

By

TOKYO, April 21, 2026 /CNW/ — NIPPON EXPRESS HOLDINGS, INC. (hereafter “NX Group”) has reached an agreement to acquire all shares in Metro Supply Chain Group Inc. (“Metro Supply Chain Group”) based in Montreal, Canada, and entered into a share purchase agreement, dated April 17, 2026.

Logo: https://drive.google.com/file/d/1dqm0cxpYamnvMUra1AGXMuGlX932Z353/view?usp=drive_link 

The transaction values Metro Supply Chain Group at CAD1.8 billion (approximately 207.0 billion yen) on an enterprise value basis, representing the largest acquisition in NX Group’s history. In addition, an earnout of up to CAD400 million (approximately 46.0 billion yen) may be payable to the sellers, contingent on the company meeting certain financial targets as defined in the share purchase agreement.

Metro Supply Chain Group has a strong operational footprint across Canada, the United States and the United Kingdom, providing third-party logistics (3PL) services to a broad range of industries, including consumer goods, automotive, manufacturing and healthcare. Through this acquisition, NX Group expects to significantly expand its presence in the North American market and enhance its end-to-end logistics capabilities. The transaction represents a pivotal step toward accelerating NX Group’s long-term vision — set out in its management plan “NX Group Management Plan 2028 Dynamic Growth 2.0” — of becoming “a logistics company with a strong presence in global markets.”

For more details, please visit: https://drive.google.com/file/d/1SvzqxdP0zEEDCtmm2yhpGjBuDkM3iJea/view?usp=drive_link 

About the NX Group: https://drive.google.com/file/d/1mbvBL6C8THZNrR5LREgGeafNkEdaAmV-/view?usp=drive_link 

NX Group official website: https://www.nipponexpress.com/ 

NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/ 

 

View original content:https://www.prnewswire.com/news-releases/nx-group-to-acquire-all-shares-in-metro-supply-chain-group-of-canada-turning-it-into-subsidiary-302747977.html

SOURCE NIPPON EXPRESS HOLDINGS, INC.

Continue Reading

Trending