Hyderabad: Cygni opens 4.8 GWh BESS Gigafactory, to double output by 2027
Set up with an investment of over Rs.100 crores, the 1,60,000 sq. ft Phase-I facility is located on a 5-acre campus and is designed with an initial capacity to produce 4.8 GWh of high-capacity battery packs for electric vehicles and energy storage systems.
Hyderabad: Hyderabad-headquartered Cygni Energy announced the commencement of its Phase-I, fully operational and automated Battery Energy Storage System (BESS) Gigafactory. Located in E-Mobility Valley, at the Electronics Manufacturing Clusters (EMC) Maheshwaram, Hyderabad, it is also India’s first Leadership in Energy and Environmental Design (LEED) qualified facility equipped with an Advanced Engineering Lab and Battery Management System (BMS) Lab.
Set up with an investment of over Rs.100 crores, the 1,60,000 sq. ft Phase-I facility is located on a 5-acre campus and is designed with an initial capacity to produce 4.8 GWh of high-capacity battery packs for electric vehicles and energy storage systems. These advanced BESS systems will cater to large grid-scale stationary storage projects and Independent Power Producers (IPPs), a press release said.
Venkat Rajaraman, Founder and CEO of Cygni said, “In Phase II, we are scaling our Gigafactory’s capacity to 10.8 GWh in the existing facility itself. With a total investment of Rs. 250 Cr across 2 phases, this will result in direct and indirect job creation of over 1,000 jobs in the next 24 months.”te
