Press releases | TESVOLT AG

Corporate & Financial Communications TESVOLT

Ingo Valldorf

Phone: +49 3491 8797-234
E-mail: ingo.valldorf@tesvolt.com

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Press release from 16.11.2021

Wittenberg, 16 November 2021 – Tesvolt GmbH, one of the world’s leading companies in energy storage technology for the commercial and industrial sectors, has concluded an approximately EUR 40 million equity capital funding round. The funds were provided by a consortium of investors led by the Liechtenstein Group – a group of companies owned by Liechtenstein’s princely family. This is another milestone in Tesvolt’s growth strategy. Tesvolt will use the financial resources to accelerate its international activities and pursue its focus consequently on innovative products.

Press release from 04.10.2021

Largest contract to date for the battery storage system manufacturer

Wittenberg, Germany, 4 October 2021 – The Schaper Group is working with battery storage system manufacturer Tesvolt to implement a range of “green hydrogen” projects. It is the largest contract in the history of the Wittenberg-based company, with the collaboration promising revenues of around EUR 40 million for Tesvolt by 2023. The Schaper Group is installing Tesvolt energy storage systems with a total capacity of up to 40 megawatt hours (MWh) for the hydrogen pioneer Apex Group. The intelligent battery storage solutions offer hydrogen electrolysers a reliable power supply when solar or wind systems fail to produce sufficient energy.

Press release from 07.09.2021

Wittenberg, Cape Town, São Paulo, 07/09/2021 – Tesvolt, a manufacturer of battery storage systems for commercial and industrial use, has posted strong growth in the first half of 2021. Alongside high demand for intelligent energy storage systems in Germany, international business is a key engine for growth. Over 40% of Tesvolt’s turnover now comes from international sales. It also plans to enter the North American market next year.

Press release from 07.07.2021

Energy storage system manufacturer now shareholder in think tank for high-performance charging

Wittenberg, Munich/Germany, 7 July 2021 – Tesvolt is now a shareholder in Stercom Power Solutions, a first mover in the field of inductive charging. The two companies want to join forces to expedite wireless charging of electric cars, buses and lorries to make driving electric even more convenient, efficient and economical. The expert in commercial energy storage systems, already the recipient of several awards for innovation, and the think tank for high-performance charging have found answers to as yet unresolved questions – like delivering sufficient charging power and finding the right parking position over the magnetic coil.

Press release from 01.03.2021

Wittenberg, Germany, 1/3/2021 – Tesvolt presents its new battery storage system, which for the first time has its own energy management system (EMS) and an integrated industrial inverter. The TS-I HV 80 is designed to achieve exceptionally high power electricity cost savings through the use of intelligent functions. The new power quality technology ensures high power quality that prolongs the lifespan of machines in commercial and industrial settings. The new storage system also provides reliable back-up power. Installers can sign up for training webinars now.

Press release from 01.12.2020

New service portal for installers of energy storage systems

Wittenberg/Germany, 1 December 2020 – Tesvolt recently made it particularly easy for tradespeople worldwide to obtain certification for the installation of their storage systems. On the new service portal, they can watch training videos at any time. Afterwards, they receive certification directly if they answer the questions correctly. Vouchers for the online training courses can currently be won in the online Advent calendar. The service portal also supports installers in all steps before and after the sale of energy storage systems.

Press release from 08.10.2020

Tesvolt supplies 2 MWh storage system for 100-percent green power

Wittenberg/Germany, 8 October 2020 – Europe’s largest charging park for electric vehicles will open on Friday at the Kreuz Hilden junction. The first construction phase of the “Seed & Greet” charging park is complete and 44 charging stations from various operators are ready, including Europe’s fastest charging stations from Tesla and Fastned. All the charging stations are supplied with 100-percent green power from sources including a large photovoltaic installation on the charging park’s carports and the high-performance storage devices from the German manufacturer Tesvolt.

Press release from 09.09.2020

Tesvolt delivers storage system for Patagonia National Park

Chacabuco/Chile, Wittenberg/Germany, 09/09/2020 – A “run-of-the-river” hydroelectric power station, photovoltaic installation, and battery storage system have been combined to provide facilities in the Patagonia National Park with electricity from renewable energy sources. The park is part of one of the most important nature conservation projects in the world. It was established by the founder of North Face, Douglas Tompkins, and his wife Kristine, previously CEO of the outdoor clothing company Patagonia. The aim of their foundation, Tompkins Conservation, is to rewild the region after decades of heavy overgrazing and desertification.

Press release from 19.06.2020

The battery storage system manufacturer has been named “Top Innovator 2020”

Wittenberg/Germany, 19 June 2020 – Tesvolt, the manufacturer of electricity storage systems for trade and industry, has today been named “Top Innovator of the Year” in the TOP 100 competition. It secured first place in its size category in this leading innovation contest for German small and medium-sized enterprises (SMEs). In addition to the young company’s rapid growth and agile organisational form, the 31-member jury was also impressed by the innovative technology that underpins Tesvolt storage systems. This was the competition’s 27th instalment.

Press release from 22.04.2020

Charging with 100% green power at the Kreuz Hilden junction in Germany

Wittenberg/Hilden, Germany, 22 April 2020 — The German manufacturer Tesvolt is supplying energy storage containers offering a total capacity of 2 megawatt hours (MWh) for Europe’s largest electric car charging park at the Kreuz Hilden junction. Various companies will offer a total of 114 charging stations, including 40 V3 Tesla Superchargers and 22 fast charging stations from Dutch supplier Fastned. Every charging station will be supplied with 100-percent green power, sourced in part from a large rooftop photovoltaic installation above the charging park....

Press release from 01.04.2020

Demand for storage systems on the rise despite COVID-19

Wittenberg/Germany, 1 April 2020 – Semi-automated production begins today in Europe’s first gigafactory for commercial battery storage systems, located in Wittenberg, Germany. Innovations in Tesvolt’s production process have enabled extremely flexible and efficient series manufacturing of its lithium-ion storage systems for industry and commerce. Production in the new factory is subject to stringent safety precautions. Additional measures are being taken to protect staff and customers from COVID-19.

Press release from 12.11.2019

Over 150,000 euros in savings per generation of salmon

Wittenberg/Germany, 12 November 2019. The Norwegian fish farming company Kvarøy uses a large-scale storage system developed by Tesvolt at its salmon farm located off the island of Selsøyvær in the Norwegian Sea. Mounted on a floating platform, lithium batteries with a total storage capacity of 158 kilowatt hours (kWh) have brought the diesel generators’ operating time down from 24 hours each day to just three. In raising a generation of salmon — a process which takes about 18 months — the company saves between 150,000 and 200,000 euros and also reduces its carbon footprint....

Press release from 28.08.2019

Tesvolt, a manufacturer of power storage systems for industrial and commercial operations, offers its distribution partners an augmented reality app for a virtual reality sales experience. Using the highly innovative technology of augmented reality, storage professionals can take advantage of various scenarios to vividly and memorably illustrate to their customers the advantages of power storage systems, for instance self-consumption optimization, peak shaving and off-grid connectivity.

Press release from 03.06.2019

This press release is only available in German

Press release from 06.05.2019

Wittenberg/Germany, 6 May 2019 — Europe’s first gigafactory for battery storage systems is being put into operation in Lutherstadt Wittenberg, Germany. Tesvolt, a manufacturer of energy storage systems for industry and commerce, is working to establish new production facilities for lithium storage systems with an annual production capacity of over one gigawatt hour (GWh).

Press release from 03.04.2019

TPS 2.0 proves particularly economical

Wittenberg/Germany, 3 April 2019 – Tesvolt, a manufacturer of storage systems for industry and commerce, is set to introduce its megawatt battery storage system TPS 2.0 at Intersolar Europe. Further developed battery modules and technical innovations...

Press release from 14.03.2019

Award ceremony in Ivory Coast

Wittenberg/Germany, Abidjan/Africa, 14 March 2019 – Tesvolt has been presented with an international award for rural electrification. The German manufacturer of power storage systems for agriculture and commerce received the prize in the category Private Sector in Australia....

Press release from 08.01.2019

Wittenberg, 8 January 2019 — The beginning of January marks the addition of Thomas Franken, a native of Germany’s Rhineland region, as Tesvolt’s Senior Director of International Marketing. Following stints as a marketing director at SolarEdge, Q CELLS and Hanwha Solar, Franken wishes to boost the international growth of Tesvolt, already a leading manufacturer of storage systems for industry and...

Press release from 04.12.2018

Brussels, Belgium/Wittenberg, Germany, 4 December 2018 – Tesvolt, a manufacturer of storage systems for industry and commerce, is to receive 2.15 million euros in EU funding. The European Union believes that Tesvolt’s high-voltage storage system has the potential to change the power storage market. The German company will now receive support under the EU’s SME instrument, enabling it to mass-produce its lithium high-voltage storage systems and launch them on the market worldwide. A total of 1,658 businesses from across Europe applied for phase II funding under the SME instrument....

Press release from 31.10.2018

Tesvolt delivers 4-megawatt high-voltage storage system to a solar park in West Sussex

West Sussex, 31 October 2018 — The first municipal battery storage system project in the UK has been installed in the county of West Sussex. The solar farm has a 7.4-megawatt (MW) output and stabilizes the power grid together with a 4.4-MW lithium storage system from German manufacturer Tesvolt. Thanks to the high-voltage storage system, the local government earns additional money with grid services. Thus, the system runs completely free of subsidies. It was commissioned mid of October at a 35-hectare former landfill site in Westhampnett and the test runs have finished successfully....

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Ingo Valldorf
Corporate & Financial Communications

Phone: +49 3491 8797-234

E-mail: ingo.valldorf@tesvolt.com