Cygni Energy opens BESS Gigafactory near Hyderabad
Lithium-ion Battery maker Cygni Energy has announced the opening of a 4.8 GWh Battery Energy Storage System (BESS) Gigafactory at E-Mobility Valley in the Electronics Manufacturing Cluster, Maheshwaram.
The facility is set on a 5-acre campus and is spread over 1,60,000 sq ft. It is set up with an investment of Rs 100 crore. As per the firm, in phase II, Gigafactory’s capacity will be raised to 10.8 GWh with the addition of 6 GWh in the existing facility at an additional investment of Rs 150 crore.
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