ETI Dynamics, Greenhouse Capital to export clean technology

New Delhi, July 7 (IANS) New Delhi-based ETI Dynamics and Auckland-based Greenhouse Capital on Tuesday announced a partnership to invest $100 million in exporting clean technologies from New Zealand to India, Asia and Africa.

The partnership was announced at the first bi-annual clean tech investment forum organised jointly by both companies in New Zealand’s largest city Auckland on Monday, ETI Dynamics said in a statement here.

“New Zealand has a great deal of innovation to offer the world and ETI Dynamics is delighted to be working closely with Greenhouse Capital to realise the many growth opportunities available,” said ETI Dynamics chief executive Sanmit Ahuja.

Greenhouse Capital will also be a key partner for one of the eight regional clean-tech innovation hubs being set up by ETI Dynamics, whose technology and engineering hub is in India, the statement said.

ETI Dynamics has released a prototype solar-electric hybrid scooter in India, which can run 50 km on a single charge at a top speed of 45 km per hour.

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