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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Sunbeam GmbH
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Press release from 05.04.2024

One of the largest production facilities for stationary battery storage systems in Europe

TESVOLT AG, one of the innovation and market leaders for commercial and industrial energy storage solutions in Germany and Europe, today officially started construction of its new gigafactory at its headquarters in Lutherstadt Wittenberg with a ground-breaking ceremony. With a planned annual production capacity of 4 gigawatt hours, TESVOLT will build one of the largest facilities for commercial stationary battery storage systems in Europe. An investment volume of around 30 million euros is planned for the first construction phase, which includes the construction of the production facility and the fully automated high-bay warehouse. The TESVOLT Gigafactory, which will cover an area of almost 6,000 square metres, is scheduled to go into operation in 2025.

Press release from 01.03.2024

The first WSV workboat with purely battery-electric drive wins prestigious award

The Spatz, the tried-and-tested working vessel of the German Federal Waterways and Shipping Administration, was launched in August 2023 as an electrified version with a battery storage system from TESVOLT. It has now been awarded the prestigious title of "Inland Vessel of the Year" by the Hansa editorial team. The E-Spatz is the first working vessel of its kind to have a purely battery-electric drive and represents a milestone on the road to emission-free inland shipping.

Press release from 02.02.2024

In 2022, one in every two battery storage systems in Germany’s commercial segment were supplied by TESVOLT. Now, the Wittenberg-based manufacturer aims to conquer the Italian market. TESVOLT will use a Milan office to facilitate market access, with on-site training for installation partners. TESVOLT will present its battery storage system for commercial and industrial use at KEY – The Energy Transition Expo in Rimini.

Press release from 20.11.2023

New certificate confirms electrical and functional safety +++ TESVOLT demands stricter safety tests for battery storage systems

TÜV Rheinland has also taken a close look at the latest battery storage system generation from TESVOLT. The high-voltage storage systems TS HV 30 E, TS HV 50 E and TS HV 80 E passed the safety tests. TESVOLT is one of the few manufacturers on the market that can verify the safety of its energy storage systems for commerce and industry with certification from the independent testing institute. The IEC 62619 certification confirms both the electrical and functional safety of TESVOLT’s products, which are available throughout Europe.

Press release from 03.08.2023

18.3 MWh in storage capacity already added to the utility grid

The international project developer Green Energy 3000 GmbH and TESVOLT AG, one of the innovation and market leaders for commercial and industrial energy storage solutions, are continuing their collaboration with the launch of their fourth joint project. This involves deployment of TESVOLT battery containers in a new solar farm near Braunschweig. The solar farm will supply green electricity to around 5,000 households, while simultaneously reducing the load on the utility grid.

Press release from 26.05.2023

At this year’s smarter E Europe trade fair in Munich, TESVOLT has joined with DENIOS to present an all-in-one solution that combines a battery storage system and fire protection – the only one of its kind in the world. The POWER SAFE product line also meets the most stringent safety requirements in commercial and industrial settings, for example in operations located in water conservation areas or regions that are at a risk of forest fires, or as required by some insurers. Products in this line feature cases offering F90 fire resistance rating and are available in various sizes, from small-scale 80-kWh solutions to large energy storage systems with several megawatt hours.

Press release from 11.05.2023

Collaboration on energy storage systems

TESVOLT AG, one of the innovation and market leaders for commercial and industrial energy storage solutions, and the Otto von Guericke University Magdeburg (OVGU) today announced a partnership in the field of battery technology. The framework agreement was signed by OVGU Rector Prof. Jens Strackeljan and the three members of the TESVOLT AG Management Board.

Press release from 29.03.2023

73% of the German population are unsatisfied with progress in the energy transition, BUT…

Among people living in Germany, 73% are unsatisfied with the progress of the energy transition in the country. Just 2% of the population are highly satisfied with progress in the shift away from fossil fuels; 16% are satisfied. These are some of the findings of a representative survey just published by TESVOLT AG, one of the technology leaders for energy storage in commercial and industrial sectors, and the opinion research institute forsa. A total of 1,021 people aged 18 and over took part in the survey, which was held nationwide in late February and early March, 2023. The aim of the survey was to gauge the current mood of the population on the issues of energy, the energy transition and renewable energy.

Press release from 14.03.2023

TESVOLT presents its new generation of battery storage systems TS HV 30-80 E, offering even better options for variation and, for the first time, a 10-year guarantee for system and performance. The new products are optimised for the needs of commercial enterprises – from small bakeries to large manufacturing companies – and allow for exceptionally high levels of safety and durability. From system configuration and commissioning to after-sales support, installers have full digital access to all services.

Press release from 13.02.2023

TESVOLT AG, one of the technology leaders for energy storage in the commercial and industrial sectors, is planning to build a new Gigafactory at its headquarters in Lutherstadt Wittenberg, Germany. The planned construction will include a highly automated production building for battery storage systems as well as a new research and development centre. The aim is for the carbon-neutral facility to ultimately reach a production capacity of up to four gigawatt hours per year. Construction work begins in spring 2023 and is expected to be completed in 2024.

Press release from 23.11.2022

TESVOLT AG, one of the leading companies in technology for energy storage in the commercial and industrial sectors, is acquiring a substantial stake in Wendeware AG, an innovative software manufacturer in the area of energy management. The investment forms part of TESVOLT’s growth strategy and is expected to facilitate important technological progress in energy storage systems.

Press release from 13.10.2022

Certification body TÜV Rheinland has classified TESVOLT battery storage systems as safe. The storage systems passed the prestigious institute’s rigorous safety tests, making TESVOLT one of the few manufacturers on the market that can verify the safety of its energy storage systems for commerce and industry with certification from the independent testing institute. The certificate confirms both the electrical and functional safety of its products.

Press release from 01.09.2022

TESVOLT, a global technology leader for energy storage in the commercial and industrial sectors, has appointed outstanding members to its newly established Supervisory Board as it transforms into an “Aktiengesellschaft” (“AG”, comparable to a public limited company). In taking this step, TESVOLT AG is providing for highly dynamic business growth and further internationalisation. The members selected for the Supervisory Board combine comprehensive expertise in the energy industry, corporate administration and international financing, each bringing extensive experience and excellent networks in these fields.

Press release from 24.06.2022

"Innovator of the Year 2022" Award

TESVOLT, the manufacturer of energy storage systems for commerce and industry, has been named “Innovator of the Year” in the TOP 100 competition for the second time. It secured first place in its size category of 51 to 200 employees in this leading innovation contest for German small and medium-sized enterprises (SMEs). The 24-member expert panel was impressed by the outstanding climate of innovation and the innovative technology that underpins TESVOLT’s energy storage systems. The TOP 100 trophy was presented on Friday as part of the German SME Summit in Frankfurt am Main’s Jahrhunderthalle. This was the competition’s 29th instalment.

Press release from 02.05.2022

Higher energy density and economic efficiency

Wittenberg/Germany, 2 May 2022 – Tesvolt will present its new series of energy storage systems designed for commercial and industrial use at ees Europe in Munich, Germany. The new battery storage systems are set apart by their higher energy density and particularly high economic efficiency. The E series is Tesvolt’s response to the global shortage of chips in energy storage systems; the new systems are configured to use 80% fewer chips. This allows the manufacturer to produce its battery storage system solutions in larger batches and meet the skyrocketing demand for commercial storage systems.

Press release from 11.04.2022

Wittenberg/Germany, 11 April 2022 – Tesvolt, one of the world’s leading producers of energy storage technology for the commercial and industrial sectors, is currently experiencing a sharp increase in the demand for its battery storage systems that significantly exceed long-term growth trends. Against the backdrop of dramatic increases in oil and gas prices, Tesvolt’s order volume has seen a rapid increase over recent weeks and, in March 2022, peaked at 195% over that of the previous year.

Press release from 04.04.2022

Wittenberg, Germany, 4 April 2022 – Philipp Koecke becomes Chief Financial Officer (CFO) of Tesvolt, one of the world’s leading providers of energy storage systems for commerce and industry. The finance expert, aged 50, has international industry experience in renewable energies; his previous roles include leading a large listed company as Chief Financial Officer. He will join the Tesvolt team at the beginning of May.

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.

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Ingo Valldorf
Corporate & Financial Communications

Phone: +49 3491 8797-234

E-mail: ingo.valldorf@tesvolt.com