Source:solarquarter
In a significant move aimed at accelerating renewable energy adoption in India, Cygni Energy Private Limited and Xingdong Lithium Battery Technology Co., Ltd. (XDLE) have announced the signing of a Memorandum of Understanding (MoU). The partnership will focus on developing advanced stationary storage solutions to support India’s growing energy storage needs.
XDLE, a leading manufacturer of ultra-long-life LFP (Lithium Iron Phosphate) cells, brings extensive expertise in commercial, industrial, and grid-scale energy storage. The collaboration is set to co-develop innovative solutions designed to enhance renewable energy integration with storage and promote the local manufacturing of Battery Energy Storage Systems (BESS).
Both companies are optimistic that this partnership will drive advancements in energy storage technology and contribute to India’s sustainable energy goals.