Cygni Energy wins CII innovation award

Update: 2018-09-04 05:30 IST

Hyderabad: Cygni Energy has been awarded the prestigious Confederation of Indian Industries (CII) award under the ‘Most Innovative Energy Saving Product of the Year 2018,’ at the 19th edition of the National Award for excellence in Energy Management in HICC, Hyderabad.

Venkat Rajaraman, CEO, Cygni Energy received the award from Ajay Mishra, Principal Secretary - Energy, Telangana. Over 50 companies participated in multiple sectors like Paper, Energy, and Metal. Cygni was shortlisted from a pool of over 25 contestants. 

 The objective of the Award Scheme was to recognize and award Excellence in Energy Management among the industrial sector and facilitate sharing of information on best practices & technologies.  

Speaking on the occasion 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 honored 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.”

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