The Smart CEO Startup 50 Conference was conceptualized with a deep focus on ensuring a clutter-free conference focused on gathering high-end entrepreneurship knowledge from two categories of people – investors and entrepreneurs.
The Smart CEO Startup 50 Awards aims to reward, recognize and honor entrepreneurs who’ve started up within the last seven years and have built wonderful businesses that make all their key stakeholders – customers, shareholders and employees – proud.
Cygni Energy recognized as a top 50 venture at Smart CEO’s Startup 50 Awards 2018,in partnership with Facebook.
Cygni Energy is pleased to be a part of the Global Innovation & Technology Alliance – GITA Annual Report for the year 2017-2018 as one of the project leads.
Decentralized Solar DC Power- A game-changer for India
Development of a high-efficiency Inverter less solar DC 48 V power solution targeted for the next generation green apartment & offices, which envisages reducing AC to DC conversion losses of approx.
40% within the system. A Micro Grid (Solar DC Microgrid) has been developed to support household appliances with an overall saving of 40% – 60% compared to conventional systems
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is a not for profit organization, facilitating reach of India to all businesses around the globe, for wanting to do business with India.
Cygni Energy received ASSOCHAM award for Most Innovative SME Company at 6th SME Excellence Awards – 2018, from Honorable Chief Minister of Meghalaya Sh. Conrad K Sangma, at New Delhi.
Cygni Energy Ltd has been awarded the prestigious Confederation of Indian Industries (CII) award under the Most Innovative Energy Saving Product of the Year 2018. The award was accepted by Mr Venkat Rajaraman, CEO, Cygni Energy from Shri Ajay Mishra, Principal Secretary – Energy, Telangana in the presence of several dignitaries and other eminent guests. Over 50 Companies participated in multiple sectors like Paper, Energy and Metal. Cygni was shortlisted from a pool of over 25 contestants. The 19th National Award for excellence in Energy Management was held in HICC, Hyderabad.
The objective of the Award Scheme is to recognize and award Excellence in Energy Management among the Industrial Sector and facilitate sharing of information on best practices & technologies. Energy Award is the best platform for the organizations that have made outstanding contributions in the area of energy efficiency to showcase their efforts and achievements. CII National Award for Excellence in Energy Management is the 19th edition of its series covering all types of industrial sectors in India. The previous 18 editions had excellent responses with over 300 companies competing for the award.
Speaking on the occasion Mr Venkat Rajaraman, CEO, Cygni Energy said “We are delighted to receive this prestigious Award for Most Innovative Energy Saving Product of the Year 2018 Category. We are honoured as our innovative Inverterless Solar DC product is recognized and appreciated. We believe that 5’D of Energy (Decentralization, Digitization, Democratization, Decarbonization and Deregulation) and our Solar-DC inverter less is a unique disruptive product that can bring about a paradigm shift in the way the solar energy is generated and consumed. I would also like to thank the panel of judges for the award &Cygni team for this success.”
Cygni Energy has always endeavoured to create excellent value in providing Green Energy solutions & sustainability, competitive standing and strength to their customers.
The Millennium Alliance is an inclusive platform to leverage Indian creativity, expertise, and resources to identify and scale innovative solutions being developed and tested in India to address development challenges that will benefit base of the pyramid populations across India and the world.
Clean Energy is one of the focus sectors of MA. As India’s economy charges ahead, the country needs to produce more energy to provide a better life for its people, many of whom live in rural areas and are very poor. At the same time, India has to deal with a global threat of climate change. This threat emanates from accumulated greenhouse gas emissions in the atmosphere, anthropogenically generated through long-term and intensive industrial growth and high consumption lifestyles in developed countries. MA will emphasize on voluntary initiatives to promote cleaner, climate-friendly technologies and improve environmental management practices to deal with the current threats.
Cygni is attempting to solve this world’s largest infrastructure challenges today by providing reliable, affordable and cost-efficient power Inverter-less solution. The device developed in collaboration with IITM, is a game-changer and has the potential to light up homes with no access to electricity or limited access. Target market: peri-urban, rural and other areas with no or near off-grid conditions.
Solar DC Microgrid
Introduction:
The Solar-DC Inverter-less controller has been developed based on the current global trends of increasing relevance of distributed energy, generation through rooftop solar and savings through energy efficiency. Its salient features include:
Energy-efficient solar based home solution
State-of-the-art Design
Safe to operate
Remote monitoring
The data could then be pushed onto the cloud enabling remote monitoring, and cloud-based analytics.
Challenge:
In India, of the 80 million homes, about 32% households are off-grid. Another 30-40 million homes are near off-grid, where the power availability is intermittent. India’s total domestic consumption is 200 TWh (terra-watt hours) per year for 1.25 billion people (average of ~500 Wh/day per person). Average power consumption for grid-connected homes is only 4 kWh per day as 33% homes do not have power.
Cygni’s stall at the Millennium Alliance Innovation Conclave in New Delhi, an industry event organized by USAID and DST, Govt. of India, witnessed positive encouragement from the Indian industry.
Cygni Energy was the Round V Winner in Clean Energy segment
Cygni Energy has won the Emerging Entrepreneur Award at 8th Edition of CII SR Emerging Entrepreneur Awards & CII Entrepreneurship Conclave held on 16th February 2018 in Chennai. In a bid to recognize emerging talent in entrepreneurship, industry lobby CII has announced winners of the CII Southern Region Emerging Entrepreneurs Award.
Full Story… The Times of India
Video… Youtube
Cygni Energy winning the Millennium Alliance Award under the Clean Energy category. USAID, FICCI, World Bank and Technology Development Board (TDB) are the partners.
Cygni Energy receives Best Emerging SME Award Dun & Bradstreet India & RBL Bank SME Business Excellence Awards 2017. Our aim of powering a billion dreams with clean & green energy is just beginning.
Hyderabad-based Cygni Energy has won the distinction of being the first company to avail of the benefits offered by the government under Start-up India Action Plan.
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