March 24,2024:Advait Energy Transitions Ltd. (AETL), a leading force in the energy sector, has joined forces with the CleanTech Business Club (CBC) and its strategic ventures – Go For Hydrogen Africa (GFHA) and Cleanvestree Africa – to spearhead global initiatives in CleanTech, power transmission, and carbon market integration. These landmark collaborations mark a transformative step in advancing clean energy solutions, strengthening global industries, and accelerating Africa’s clean economy.

Advait and CBC Unite to Establish the CBC Carbon Exchange Hub

AETL and CBC have formed a pioneering initiative to converge CleanTech industries, carbon markets, and power transmission. As part of this collaboration, Advait will take the lead in structuring the CBC Carbon Exchange Hub, an innovative platform that integrates carbon credits into cleantech, clean water, and clean hydrogen solutions.

Key Highlights of the Partnership:

• Global Headquarters in Ahmedabad – Advait will host the CBC Carbon Exchange Hub’s global office in India, ensuring a robust operational base.
• Leadership Appointments – Shalin Sheth, Founder and MD of Advait, will serve as Chair of the CBC Carbon Exchange Hub, while Avantika Gupta, Head of Carbon Markets at Advait, will be Co-Chair, overseeing global operations.
• Revolutionizing Carbon Credit Utilization – The initiative will set a new benchmark in carbon market adoption, offering industries an innovative mechanism to monetize sustainability initiatives.

Advait to Lead Power Transmission and Renewable Energy Integration for CBC

Acknowledging the urgent need for resilient power infrastructure, Advait and CBC have embarked on a long-term alliance to advance power transmission solutions, supporting high-renewable energy systems worldwide.

Key Aspects of this Partnership:

• Industry Leadership & Knowledge Sharing – Advait will guide CBC’s leadership in building a sustainable power transmission ecosystem integrating renewables, hydrogen utilization, and smart energy solutions.
• Strategic Integration Across CBC Hubs – Advait will work closely with CBC’s Energy Majors, Mining & Utilities Hub, aligning best practices in CleanTech, Clean Hydrogen, and Clean Water.
• Expansion of CleanTech Offerings – Cleanvestree, CBC’s business arm, will assist Advait in identifying global partners to enhance its technology and solutions portfolio.

Advait’s Role in Transforming CleanTech in Africa

AETL, along with Cleanvestree, Cleanvestree Africa, and GFHA, has also entered into a strategic partnership to advance CleanTech, clean hydrogen, and clean water transformation in Morocco and across Africa. This initiative aims to integrate resilient power transmission solutions and carbon trade markets into Africa’s economic growth strategy, fostering sustainable development and energy security.

Key Deliverables of the Partnership:

• Integration into CBC’s #TogetherWeAreStronger Ecosystem – Advait will provide power transmission solutions and EPC services for CleanTech, hydrogen, and ammonia projects in Morocco and across Africa.
• Market Expansion Across 17 African Countries – Cleanvestree Africa will represent Advait, ensuring regional market penetration and business expansion.
• Showcasing Technological Excellence – Advait will provide product samples and live demonstrations of its Energy Restoration System, showcasing its innovation to government officials and industry stakeholders.
• Vision for a CleanTech Manufacturing Hub in Morocco – Advait will collaborate with GFHA and CBC Consortium partners to establish a state-of-the-art manufacturing hub for CleanTech and clean hydrogen solutions in Africa.

Industry Leaders Speak on the Strategic Collaboration

Tomasz Slusarz, Founder and Vision Streamliner at CleanTech Business Club, emphasized the significance of this collaboration, stating: “These partnerships highlight CBC’s core principle of collaboration over competition. With Advait’s expertise in energy transition solutions, we are setting new standards for CleanTech and carbon market integration globally.”

Shalin Sheth, CEO of Advait Energy Transitions, expressed his enthusiasm for the new alliances: “These partnerships mark a crucial milestone in our mission to transform the global energy landscape. Through our collaboration with CBC and its ecosystem, we are reinforcing our commitment to sustainability, innovation, and global CleanTech leadership.”

A Unified Vision for a Sustainable Future

As the world grapples with urgent climate and energy challenges, this collaboration between Advait Energy Transitions, CBC, Cleanvestree, GFHA, and Cleanvestree Africa sets a strong foundation for a cleaner and more resilient future. With a shared vision of sustainability and innovation, these alliances aim to redefine CleanTech adoption, integrate carbon markets, and expand power transmission solutions across key global and African markets.