This is sometimes happening if the currently installed OS lacks some important component required to run Corona Renderer, however, we are not exactly sure what it is. The full error message is:
DLL <C:\Program Files\Autodesk\3ds Max 2016\plugins\CoronaUtils2016.dlt> failed to initialize. Error code 193 - %1 is not a valid Win32 application.
- Upgrade Windows from 8 to 8.1,10,11 or newer version
- Re-install Corona Renderer
If you are experiencing this issue, and the suggested solutions do not seem to help, please contact us.