Cygni commissions gigafactory in Hyd
Hyderabad: Independent energy story solutions player
Cygni Energy
, which was incubated at IIT Madras and is headquartered in Hyderabad, has commissioned the first phase of its automated
battery energy storage system
(BESS) gigafactory at the E-Mobility Valley at the Electronics Manufacturing Clusters (EMC) at Maheshwaram in Hyderabad.
The first phase of the gigafactory has been set up at an investment of 100 crore and has a capacity to produce 4.8GWh of high-capacity battery packs for
electric vehicles
and energy storage systems capacity. The company plans to double this capacity by 2027 at an additional investment of 150 crore in the second phase.
You Can Also Check:
Hyderabad AQI
|
Weather in Hyderabad
|
Bank Holidays in Hyderabad
|
Public Holidays in Hyderabad
Cygni founder & CEO Venkat Rajaraman 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 250 crore across two phases, this will result in direct and indirect job creation of over 1,000 jobs in the next 24 months."
He said as part of this expansion, the company will be adding three additional automated 2 GWh cell-to-pack manufacturing lines and container integration facilities to the existing lines to meet the rising demand for stationary and e-mobility storage applications. The 1.6 lakh sq ft phase-1 facility has come up on a five-acre parcel of land and the battery packs produced here will cater to large grid-scale stationary storage projects and independent power producers.
The first phase of the gigafactory has been set up at an investment of 100 crore and can produce 4.8GWh of high-capacity battery packs
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
16 hours ago
- Time of India
Nilekani commits second multi-year grant to AI4Bharat
Bengaluru: Infosys cofounder and chairman Nandan Nilekani committed a second multi-year grant to AI4Bharat—an open-source initiative at IIT Madras that is building foundational AI models for Indian languages. Its work spans speech recognition, machine translation, text-to-speech, and language understanding for all major Indian languages. In 2020, Nilekani saw the transformative potential of AI in Indian languages. Nilekani-founded EkStep Foundation and AI4Bharat began investing in language digitisation, data infrastructure, and early models tailored to Indian linguistic diversity. Applications were built within weeks of ChatGPT's release, ranging from chatbots in regional languages to integrations in governance and education. AI4Bharat's models became the underlying infrastructure for this deployment. AI4Bharat has become the language backbone of India's AI stack. Its open-source speech, translation, and text-to-speech models now power key public digital platforms. Bhashini, India's national language platformunder the IndiaAI Mission, has adopted AI4Bharat's models to scale multilingual services across governance, healthcare, and finance. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo The Supreme Court's SUVAS system translates judgments into regional languages. Agricultural chatbots like Kisan e-Mitra use these models to deliver real-time information to farmers. AI4Bharat's language datasets—meticulously collected in all 22 constitutionally recognised Indian languages—have been released as public goods, openly available for use through the AI4Bharat website and integrated into AIKosh, India's open AI repository. "Inclusion begins with access—and for Bharat, that means language," said Nilekani. "AI4Bharat is building the infrastructure that ensures every AI divide, the vision of 'AI for All' is extremely relevant for our country. Indians can access digital services in the language they speak." Prof V Kamakoti, director of IIT Madras, said, "With the growing need for Bharat-specific AI models and also reducing the possibility of a potential. The 2022 grant established the Nilekani Centre at AI4Bharat, supported by EkStep Foundation. Over three years, this effort demonstrated how to build population-scale, high-quality, and open-source language infrastructure through community participation and scientific rigour. "I strongly believe that India can be the use case capital of AI in the world," said Nilekani. "With our DPI foundation, we can build better AI, and in turn, AI can turbocharge DPI. Our belief is that AI should be inclusive, not extractive. It should amplify every human being's potential. That's our vision of AI for the people—AI to make lives better, AI to amplify human potential. People plus AI is how we hope to leverage AI and actually make it work for people at scale." Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
The Hindu
18 hours ago
- The Hindu
IIT Madras Pravartak to offer online courses on AR/VR and Salesforce B2C Commerce Cloud
IIT Madras Pravartak Technologies Foundation, IIT Madras' technology and innovation hub, will offer two online courses on Augmented Reality/Virtual Reality (AR/VR) and Salesforce B2C Commerce Cloud (SFCC) aimed at skilling students and professionals for the industry. The AR/VR programme, offered in partnership with VyVoxel, an international AR/VR/MR company, is a 60-hour online course that will start from June 14. Candidates can register for the course till June 13 at For the 8-week SFCC course, Pravartak has partnered with Codenatives, a US-based IT company. It will offer 70 hours of instructor-led training and 130 hours of hands-on practice. The course will start on June 21 and professionals can register till June 20 at
Time of India
20 hours ago
- Time of India
Nidec inaugurates new manufacturing Orchard Hub campus in Hubli, Karnataka, celebrates next step in India growth strategy
Nidec Corporation ('Nidec'), the world's leading manufacturer of electric motors, generators, renewable energy solutions, and industrial machinery, proudly inaugurated its cutting-edge manufacturing campus, Orchard Hub, located in the Kotur-Belur Industrial Area of Hubli-Dharwad, Karnataka. The inauguration marks the launch of plant machinery and equipment installation across the six campus plants, paving the way for production to commence later this year. The inauguration ceremony was attended by Mr. M. B. Patil, Honourable Cabinet Minister for Large & Medium Industries and Infrastructure Development, Government of Karnataka, along with Mr. Michael Briggs, President of Nidec Motion & Energy. With Mr. Nakane Tsutomu, Consul General of Japan in Bangalore and Mr. Marc Lamy, Consul General of France in Bangalore, also in attendance, the milestone celebrated Orchard Hub's significance at both regional and international levels. The completion of the Orchard Hub campus is a major achievement in Nidec's commitment to strengthening its presence in India. As Nidec's eighth and largest Indian manufacturing facility, the 50-acre campus underscores Nidec's dedication to supporting the region's industrial development and India's broader economic ambitions. The project's groundbreaking ceremony was held in September 2023, and the campus was completed in just 20 months—a testament to meticulous planning and efficient execution. With the inauguration now complete, Nidec will begin the installation of plant machinery and equipment, with production expected to commence later this year. The Orchard Hub campus will serve multiple high-growth markets as the key manufacturing hub for generators for data centers, wind turbine generators and battery energy storage systems (BESS) for renewable energy, electric vehicle motors, controllers, and EV chargers for clean mobility, and high-efficiency motors, drives, system solutions across various business verticals. Equipped with advanced automation and built on Nidec's 3Q6S lean manufacturing principles, the facility is dedicated to delivering best-in-class products that support customers globally. Strategically located, the campus aims to deliver innovative solutions to both domestic and international markets, with a strong emphasis on exceptional customer service. In line with its sustainability goals, Nidec plans to make the Orchard Hub campus carbon-neutral by 2028 through the adoption of solar power, in-house microgrid systems, and BESS technologies. The facility is expected to create over 1,000 direct and 1,000 indirect employment opportunities in the region. Recruitment drives are already underway to hire diploma and ITI students from institutions in and around Hubli-Dharwad, as the company prepares to launch production. Speaking at the event, Nidec Motion & Energy President Michael Briggs expressed his confidence and optimism: 'India's robust economic growth presents exceptional opportunities for forward-thinking companies, and Nidec is proud to be an integral part of this momentum. Under the visionary leadership of our founder, Mr. Shigenobu Nagamori, we continue to expand our presence across the country. Nidec remains deeply committed to India's progress. Mr. Nagamori's visionary leadership has been instrumental in bringing the Orchard Hub to life, demonstrating Nidec's dedication to shaping India's growth story.' 'With an investment of $55 million, the Orchard Hub project serves as a cornerstone of our 'India for India' and 'India for Exports' strategy. The inauguration of the Orchard Hub Campus marks not only a significant milestone in this endeavour but also a defining chapter in Nidec's journey in India. This facility represents more than an investment in infrastructure; it reflects our commitment to people, innovation, and enduring partnerships. The Orchard Hub stands as a testament to our vision of fostering local innovation, generating employment, and delivering sustainable, zero-emission solutions tailored to India's unique needs.' President and Country Managing Director Girish D Kulkarni added: 'We are proud to establish our new state-of-the-art facility in Hubli, Karnataka, as a testament to our long-term commitment to the Indian market. This campus is not merely a physical space - It represents the future of Nidec in India: a hub for innovation, collaboration, and excellence. This marks an exciting time for all of us, and I extend my heartfelt gratitude to our dedicated teams and to the Government of Karnataka for their unwavering support. We look forward to working together as we continue contributing to the sustainable development of the region.' With the launch of Orchard Hub, Nidec strengthens its global manufacturing footprint while aligning with India's 'Make in India' and 'Atmanirbhar Bharat' initiatives. This development reinforces the company's role in advancing sustainable industrial growth both in India and worldwide. About Nidec Corporation Nidec Corporation is the world's leading electric motor manufacturer with 2024 revenues of over $17B. Founded in 1973 and headquartered in Kyoto, Japan, Nidec is a global company comprised of over 300 group companies and 100,000 employees with operations in more than 40 countries. A pioneer in electrification, Nidec is integral as a world-class global technology provider, localised manufacturer, and development partner in industries ranging from information technology, automotive, appliance, commercial, and industrial machinery. Nidec enables positive global change through innovative problem-solving. For more information, visit Nidec's website About Nidec Motion & Energy Nidec Motion & Energy, a Business Unit of Nidec Corporation, is a trusted development partner in multiple high-growth spaces including industrial automation, vehicle electrification and electrical infrastructure, providing world-class technology, support, and localised manufacturing to support industry leaders across the globe. With headquarters in St. Louis, Missouri, it employs over 13,000 individuals around the world in more than 40 countries. Disclaimer: This article has been produced on behalf of Nidec Industrial Automation India Private Limited by Times Internet's Spotlight team.
