Cygni Energy and XDLE Battery Team Up for Energy Storage
Cygni Energy, the leading technology-driven energy storage company, announced its strategic partnership with XDLE Battery. A well-known ultra-long-life lithium LFP primary cell manufacturer, to develop advanced stationary energy storage solutions with the escalating demand for continued power supply.
This partnership will be important in delivering solutions across various commercial and industrial customer needs through the merger of expertise. Using energy storage systems at Cygni Energy and the XDLE Battery advanced battery technology.
A Pioneer in Advanced Energy Storage Solutions
The company’s storage solutions, with a design for safety first, are sure to function reliably and with high efficiency. Cygni’s technology collaboration with IIT Madras, apart from partnerships with various OEMs, provides it with application-specific designs to attend to customers’ diverse needs. Moreover, the first company to get recognized under the scheme of ‘Make in India’ (Start-up India). Cygni has established a strong foothold in the Indian market with its expertise in EV Batteries (2W & 3W) and Energy Storage Systems (Telecom, Solar hybrid, etc.).
To address this growing demand for energy storage solutions, Cygni has invested in a manufacturing facility in Hyderabad. It is designed with an integrated capacity of 1.2 GWh, ultra-high automation, and an intelligent prismatic battery pack production line. Equipped with internationally renowned technologies like high-powered laser welding, CCD detection, and fully automatic End-of-Line (EOL) testing. The plant will guarantee quality and high-speed production. The manufacturing capability is to locally produce the products. It will let EPC companies offer turnkey generation and storage solutions for acceleration of India’s ambition for energy independence.
Revolutionize Commercial and Industrial Energy Storage
Through the partnership, the firms will jointly develop solutions within the range of 20 kWh to 1 MWh. They will speed up the world’s transition toward renewable energy and the best in sustainable practices. The solutions will boast industry-leading warranties of 10 years or more to enable greater market acceptance and lure financing partners.
XDLE Battery is one of the ultra-long-life LFP cells in the world, with profound experience in BESS, behind-the-meter Commercial and Industrial, and Grid-scale Energy Storage Solutions. XDLE is one of the world leaders in prismatic lithium-ion cells, with an annual production capacity of 25.5 GWh. The product mix has mostly been semi-solid state LFP Prismatic and low-temperature charging capability. Furthermore, XDLE’s development in solid-state batteries can provide future opportunities to unlock more applications and further drive the energy storage.
“Cygni is committed to India’s decarbonization roadmap and this partnership is a step in that direction. XLDE’s LFP prismatic cells offer world-class performance with life of over 15,000 cycles. It is a pioneer in the Z-stacking method in prismatic cells which results in high efficiency and superior performance at low temperatures. XDLE’s semi-solid LFP technology provides Enhanced Safety, Improved Energy Density, Extended Cycle Life and Cost-Effective Manufacturing and with lower-than-grid Levelized Cost of Energy (LCOE)”
Venkat Rajaraman, CEO, Cygni Energy
“The stationary energy storage market in India is poised for significant growth in the coming years, driven by the country’s increasing focus on renewable energy (RE) integration. With ambitious targets to boost RE capacity, the demand for efficient energy storage solutions is set to rise, enabling better management of intermittent power supply and enhancing grid resilience. Cygni Energy is a leading storage technology company and this MoU will deepen our partnership to build cutting edge stationary storage solutions for India. Our ultra-long cycle life cells can work for ESS projects for up to 20 years”
Lulu Zhang, Global Vice President Business Development
Cygni Energy
From its incubation at the fabled IIT Madras, Cygni has grown in EV Batteries for 2W & 3W and Stationary Energy Storage Systems-Telecom and Commercial & Industrial Storage.
This growth and potential are reflected in the recent Series-B funding of USD 12.5 million to Cygni. This funding will add great value to the company’s development and growth. It tries to take this process forward and continuously develop innovative solutions in the area of energy storage. Cygni is leading India’s transition to a greener and more sustainable future, with a proven track record. Deploying upwards of 125 MWh of storage solutions and powering in excess of 100,000 electric vehicles.
XDLE Battery
The Huigong Group subsidiary, XDLE Battery Company, Ltd., located in China, has championed the world in energy storage solutions on a grid scale and commercial and industrial applications. With an enormous annual production capacity for the prismatic lithium-ion cells at 25.5 GWh, supported by a huge investment of RMB 5.4 billion, XDLE leads the technology of energy storage.
Huigong Group, an international leading mining truck components supply company, founded in 2001, boasts over two decades of innovation and quality that only it can give back to the XDLE Battery. It is in its legacies that the development of ultra-long-life LFP cells finds perfect integration within this advanced technology. These ultra-modern cells cater to high-performance applications with 2C continuous charge and 3C continuous discharge.
It also has LFP cells, widely noted as the safest of their kind. XDLE has passed some of the most grueling gunshot tests time and again. But in preparation for the company to take energy storage to the next level with its all-solid-state LFP later this year, industry-leading innovation will be redefining durability and performance with 30,000 cycles and 40-year calendar life.