In Short : Cygni Energy has partnered with XDLE to advance energy storage solutions. This collaboration aims to develop and deploy cutting-edge energy storage technologies, crucial for stabilizing renewable energy supply and enhancing grid reliability. By combining Cygni’s expertise in battery technology with XDLE’s innovative solutions, the partnership seeks to accelerate the adoption of sustainable […]
Cygni, a leading technology-led energy storage company plans to utilize the capital to boost growth and set-up giga-factory in Telangana Hyderabad-based Cygni Energy Private Limited; a leading technology-led energy storage company announced that it has raised funds of USD $12.5 Million (Rs. 100 Crores) through a combination of Equity and Debt. The equity funding is […]
The funding round was a combination of equity and debt, with Meridian Global Ventures leading the equity part, and Indian Overseas Bank the debt Cygni aims to grow its engineering division to fast-track the product development cycle and is also looking to set up a new greenfield manufacturing facility with 1.2 GWh annual capacity Cygni […]
New Delhi: In-line with the vision that the essence of circular economy is to redefine the way we consider growth, Cygni Energy has now joined hands with Attero, a leader in responsible recycling, for their Lithium battery recycling. The recycling of EV and ESS batteries, helps in conservation of natural resources and prevent pollution. It […]
The world is quickly moving towards renewable energy as the pollution levels soar across the world and global warming threatens the planet’s ecosystem. Various measures have been taken by governments across the world to help the transition to clean and renewable sources of energy. Solar energy is invariably one of the most underutilised clean and […]