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Home Industry

Cygni Energy partners with HiNa

Nivedita by Nivedita
September 18, 2024
in Industry, Innovation
REC extends Rs 4,785 Crore for HPCL Rajasthan Refinery’s project in Barmer
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New Delhi: Hyderabad-based energy storage solutions provider Cygni Energy has inked a pact with China’s HiNa, a pioneer in sodium-ion technology, to develop India-specific storage solutions for suitable applications with HiNa’s cutting-edge sodium-ion cells.

India is exploring the use of sodium-based batteries due to their sustainability, safety, and low energy density, which are suitable for applications like 3W and stationary storage, and their abundant availability can mitigate price volatility.

Cygni Energy is partnering with HiNa to develop storage solutions for Commercial and Industrial Energy, specifically for telecom towers in sub-zero and extreme hot temperatures. This high-safe, low-cost solution includes 3W vehicles, grid scale stationary storage, solar-based street lights, and home storage.

HiNa, a pioneer in Sodium-ion technology with 100+ patents, is a market leader with 12+ years of innovation, developing the First Sodium-Ion Industry Standard.

Speaking on the announcement,  Cygni Energy CEO Venkat Rajaraman said, India is exploring the use of Sodium-ion batteries, a technology that offers exceptional performance at low temperatures, high safety, and fast charging. This battery is a promising solution for India’s decarbonization efforts.

Commenting on the partnership, HiNa CEO and Co-Founder Dr. Kun Tang said, India is a great fit for decarbonizing its power and transportation sectors, with Sodium-ion being a potential low-cost and extreme temperature-tolerant solution. Cygni Energy is a great partner for us to develop innovative solutions for promoting and utilizing sodium-ion batteries, enhancing India’s energy storage capabilities, he added.

 

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