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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Vera Neuhäuser
Sunbeam GmbH
Phone: +49 (0) 30 / 221 83 82 49
Mobile: +49 (0) 178 / 53 68 425
E-mail: vera.neuhaeuser@sunbeam-communications.com

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Dr. Sönke Knop / Svenja Liebig
edicto GmbH
Phone: +49 (0)69 / 905 505 51
E-mail: Tesvolt@edicto.de

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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.

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.

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Ingo Valldorf
Corporate & Financial Communications

Phone: +49 3491 8797-234

E-mail: ingo.valldorf@tesvolt.com