Unveiling its latest climate resilient solution for the first time in the Asia Pacific region at Sydney’s Smart Energy Conference

SYDNEY, April 9, 2025 /PRNewswire/ — As Australia faces increasingly unpredictable and extreme weather patterns, Trinasolar, a global leader in smart PV and energy storage solutions, has launched a first-to-market solution that helps solar developers protect their assets and safeguard performance — no matter what the forecast holds.

Unveiled at this year’s Smart Energy Conference in Sydney, held from 9-10 April, the Shield Extreme Climate Solution delivers next-generation protection for utility-scale PV plants, offering a powerful combination of high-strength structural modules and intelligent weather-responsive tracking.

This innovative development was specifically designed and tested for the Australian market. The solution was tested in Queensland, Australia.

Technical specifications include:

The Shield Extreme Climate Module’s (NED19RC.20) glass is 25% thicker than that of conventional modules and its resistance to energy impact 2.5 times greater. The innovative frame design increases the module’s load-bearing capacity, thereby further improving stability and reliability. In severe hailstorms, the Shield solution can withstand 55mm hail at 0° and 75mm at 60°. The short-term severe hail climate forecast automatically issues commands for the tracker to adopt a protective angle.Equipped with self-developed Tracker Control unit (TCU) and Network Control Unit (NCU,) the TrinaTracker smart control system is integrated with a variety of extreme climate protection strategies. Harnessing real-time monitoring data from the smart cloud platform, the system can implement intelligent protective measures for PV power plants, thereby ensuring safe and stable operation of the system. In a setting in which tracking mounting is used, the smart cloud platform monitors real-time wind speed, automatically adjusting to the stow position when certain wind speeds are detected. A tiered stow strategy assigns different protection angles based on wind speed levels, balancing risk mitigation with maximised power generation. The structure includes an innovative module design that increases mechanical load capacity to +3600/-3000Pa.In heavy snow, the Shield solution withstands 2.2m of uneven snow load in a fixed mounting system installation setting. In a tracking mounting installation setting, the TrinaTracker smart cloud platform provides real-time monitoring of snow thickness. O&M personnel can initiate snow removal with just one click, effectively mitigating the potential threats of snow load to the modules and mounting systems. This not only improves the efficiency of O&M operations but also prevents power generation losses caused by snow accumulation, thereby ensuring the system’s stable operation.In strong winds, the Shield solution withstands wind pressure up to +8000Pa/-6000Pa in a fixed mounting system installation setting, thanks to innovative dual fastening and triple-beam installation design.

The Shield solution safeguards PV assets while significantly lowering BOS cost and LCOE, maximising project returns. Based on the Queensland testbed, the solution set-up achieved an overall customer value increase by the equivalent of 0.0364 AUD $/W and reduction of LCOE by 2.84%. With the high efficiency, high power, excellent low light performance, high reliability and high bi-faciality of Trinasolar’s i-TOPCon Ultra, power plants generate more electricity, especially during early mornings, late evenings and overcast days. In addition, TrinaTracker SuperTrack intelligent algorithm leverages AI, big data and self-developed algorithms to enhance power generation efficiency.

Besides its state-of-the-art modules, Trinasolar also recently launched the Elementa 2 Pro 5MWh battery energy storage solution for the Australian market. The Elementa 2 Pro builds on the success of Elementa 2, offering even greater efficiency, flexibility, and safety. The Elementa 2 Pro features Trina’s self-developed 314Ah high-performance Trina Cell, supporting 15,000 cycles (up from 12,000 cycles offered in Elementa 2) to significantly extend system lifespan and reduce lifecycle costs, ensuring a higher return on investment for users. It offers enhanced advanced cooling technology, incorporating an intelligent hybrid air-liquid cooling system.

As the only provider in the industry offering an integrated suite of solar solutions, modules, battery energy storage systems (BESS), and trackers, Trinasolar is uniquely positioned to deliver a complete, high-performance energy ecosystem. Trinasolar empowers developers to build more resilient, efficient, and future-ready solar projects, ensuring stable and reliable energy generation in Australia’s challenging weather climate.

For more information on Trinasolar’s innovative solutions, please visit: https://www.trinasolar.com/au/

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SOURCE Trina Solar Energy Development Pte. Ltd.

MUMBAI, India, April 9, 2025 /PRNewswire/ — EnKash, India’s pioneering spend management and payments platform, has secured the coveted Prepaid Payment Instrument (PPI) license from the Reserve Bank of India (RBI). Since 2020, EnKash has been the only fintech to significantly scale the corporate card business, issuing over a million cards. While traditionally collaborating with banks for innovative solutions, this license enables EnKash to further enhance its offerings, streamline legacy card-issuing systems, and create more value for both banks and customers.

By combining its Payment Aggregator (PA) license with the new PPI license, EnKash is uniquely positioned to deliver groundbreaking solutions. Prepaid instruments, including cards and wallets, drive over $50 billion (₹4.2 trillion) in annual Gross Merchandise Value (GMV) in India, digitizing cash management across diverse use cases such as National Common Mobility Cards (NCMC), Domestic Money Transfers (DMT), government wallets for direct benefit schemes, corporate payments, expense management, university and campus payment solutions, subscription wallets, and more.

Speaking on this significant achievement, Naveen Bindal, Co-founder of EnKash, said “India’s payments infrastructure is among the world’s most advanced and continues to evolve rapidly – yet there’s still much to be done. Card issuance and management still take days, if not weeks. Issuance of payment instruments should mirror the 10-minute delivery of quick commerce – why can’t we deliver a prepaid card with full KYC in 10 minutes? We’re making that a reality.”

He further added, “This milestone cements our commitment to creating an agile and compliant financial ecosystem. As businesses increasingly seek seamless digital financial tools, EnKash will continue to lead the charge in delivering smart, scalable, and compliant spend and payment solutions.”

A Trusted Partner in the Fintech Ecosystem

Joining fintech leaders like Pine Labs, Razorpay, and PhonePe with both PA and PPI licenses, EnKash partners with banks (HDFC, ICICI, Axis, IDFC, Kotak, Yes Bank) and networks (Visa, Mastercard, NPCI, Amex). Trusted by 5,000+ businesses and 250,000+ network members, EnKash is backed by $23M from Mayfield, Ascent Capital, Baring Private Equity Partners India, Axilor, and WhiteVentures (backed by Amrish Rau and Jitendra Gupta), reinforcing its role as a fintech innovator.

About EnKash

EnKash is India’s leading spend management and payments platform, simplifying payments, corporate cards, and expense management. Operational since 2018, it has pioneered fintech innovation with multiple RBI-regulated licenses, including PAPG, BBPOU, and the newly secured PPI license.

Trusted by 5,000+ customers ranging from start-ups to large enterprises, EnKash has processed over a million corporate cards and serves 250,000+ network members. With $23M in funding led by marquee investors such as Mayfield, Axilor, Baring Private Equity Partners India, and Ascent Capital, its financial orchestration suite empowers CXOs with automation, real-time insights, and compliance tools—making business finance faster, smarter, and more efficient.

For media inquiries, contact:
Mansi Bhatia
Email: mansi.bhatia@enkash.com

Logo: https://mma.prnewswire.com/media/2660080/ENKASH_Logo.jpg

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Jointly expanding convenient and diverse online financial management options

HONG KONG, April 9, 2025 /PRNewswire/ — AXA Hong Kong and Macau (“AXA”) announces a strategic partnership with Ant Bank (Hong Kong) (“Ant Bank”) and AlipayHK to provide a suite of insurance products and services to millions of active AlipayHK users through Ant Bank and its Mini App in the AlipayHK App. This offering includes solutions for savings, health protection, and wealth accumulation. The partnership aims to address the diverse needs of customers in wealth management and protection, supporting them in achieving their financial goals.

This partnership will utilise AXA’s expertise and extensive insurance portfolio, along with Ant Bank and AlipayHK’s “E-wallet X Digital Bank” model, to deliver embedded insurance products and services powered by advanced technology. It aims to provide a broader range of customers with all-round wealth management products and services, while ensuring a simpler, smoother, and more secure insurance application experience. In the first phase, AXA’s flagship life and savings products, including the popular “FortuneXtra Savings Plan”, “Wealth Ultra Savings Plan”, “Max Wealth Insurance Plan”, and “Max Goal Insurance Plan”, will be introduced on Ant Bank and its Mini App in the AlipayHK App, offering all-round wealth management and protection plans to a wide range of users. AXA will gradually integrate additional insurance product categories, further deepening the collaboration among the three parties as well as providing more comprehensive products and services for individuals and businesses within the year, fully addressing their protection needs.

Ant Bank is a subsidiary of Ant International that provides financial products and services, including funds and wealth management, insurance products and services. AlipayHK is a Super App that serves over 4.2 million residents in Hong Kong. Supported by Ant International’s Alipay+ Wallet Tech, AlipayHK has partnered with Ant Bank to develop Open Banking, and has taken the lead to launch innovative services and products such as Ant Bank PayLater and “eM+” — a high-interest savings account and low-threshold fund purchasing, offering users a new financial services experience.

Sally Wan, Chief Executive Officer, AXA Greater China, said, “AXA has consistently been proactive in developing diverse distribution channels and expanding our customer base, striving to provide comprehensive and diversified wealth management and protection solutions to a broader range of customers. We are honoured to become a strategic partner of Ant Bank and AlipayHK, leveraging synergies to create new opportunities and achieve multiple benefits for all parties. We look forward to further deepening the integration of our services with Ant Bank and AlipayHK, strengthening the insurance ecosystem, and jointly expanding our long-term business and customer network.”

Yvonne Leung, Chief Executive, Ant Bank (Hong Kong), said, “As a leading digital bank in Hong Kong, we are committed to driving innovation in financial services through technology. This collaboration builds on our successful partnership with AlipayHK in areas such as payments, interest-earning balances, Buy Now Pay Later, and funds, among others, while further integrating AXA’s insurance services into the digital ecosystem.”

Venetia Lee, Chief Executive Officer, AlipayHK, said, “AlipayHK serves every aspect of Hong Kong people’s lives, and it has become a trend for Hong Kong people to access financial services through the Super App. Financial institutions can leverage the platform technology provided by AlipayHK to deliver new experiences to users, making wealth management and insurance services more user-friendly and simpler. We focus on ‘Tech’ to empower financial institutions in excelling at ‘Fin’. AlipayHK and Ant International look forward to continuing our collaboration with AXA and banking partners to explore the new ecosystem of embedded insurance, driving the inclusive progress of financial services in Hong Kong and Asia.”

AXA is one of the most diversified insurers in Hong Kong which offers integrated solutions across Life, Health and General Insurance and is the largest General Insurance provider and a major Health and Employee Benefits provider. Through this collaboration, we believe that the three parties, leveraging an advanced financial technology platform, will integrate insurance products into the digital ecosystem, marking a milestone in exploring new avenues for growth.

About AXA Hong Kong and Macau

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters.

As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers’ needs and leveraging and investing in technology and digital transformation.

We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles – as an investor, an insurer and an exemplary company.

About Ant Bank (Hong Kong)

Ant Bank (Hong Kong) Limited is a wholly-owned subsidiary of Ant International.  On 9 May 2019, Ant Bank (Hong Kong) received a banking licence from the Hong Kong Monetary Authority, and it officially opened on 28 September 2020. It aims to provide local individuals and SMEs with reliable, trustworthy, transparent and inclusive banking services through fin-tech innovation. For more information, please visit https://www.antbank.hk.

Ant Bank (Hong Kong) Limited is a licensed insurance agency authorized by the Insurance Authority of Hong Kong, with the licensed insurance agency number GA1061.

About AlipayHK

The AlipayHK electronic wallet is operated by Alipay Financial Services (HK) Limited (Stored Value Facility Licence number: SVF0004) and regulated by the Hong Kong Monetary Authority. Currently, over 150,000 local retail outlets support AlipayHK electronic wallet for payments, covering large chain stores, shops, convenience stores, supermarkets, markets, and restaurants. Additionally, AlipayHK electronic wallet payment service also supports multiple overseas countries, including Chinese Mainland, Japan, South Korea, Thailand, Singapore, and Malaysia. For more details, please visit: http://www.alipayhk.com.

Apart from payment services, AlipayHK also serves as a comprehensive digital lifestyle platform, offering Hong Kong users a wide range of lifestyle, leisure, and convenience services. Features include transportation, financial management, cross-border payments, P2P transfers, blockchain remittances, bill payments, purchasing insurance products offered by third parties, and receiving electronic vouchers. This allows Hong Kong citizens to enjoy the convenience brought by this revolutionary multifunctional electronic wallet.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE: AXA.COM.HK

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Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2019, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.

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SOURCE AXA Hong Kong and Macau