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.
15 years as CFO of Solarworld
Koecke, who studied economics, spent a number of years as an investment manager at a technology-oriented investment company. Afterwards, he led the finance department at Solarworld AG for 15 years. In his time there, the company achieved annual turnover of up to EUR 1.3 billion. Alongside his board duties, he was also a member of the Board of Directors at the company’s US subsidiaries, which together counted more than 1,000 employees. He supported Solarworld as it grew to more than 3,000 employees and contributed significantly to the successful expansion of the company. In 2017, Koecke moved into senior management at a fast-growing technology firm. He brings with him a deep understanding of the engineering involved in renewable energies and storage technology.
Helping to shape the global energy transition
“Tesvolt has a technological edge that is helping the company to play an increasingly important role in the international storage market as well. Supporting this development and thus actively contributing to the global energy transition is very appealing to me,” says Koecke. “The team and its agile organisation also helped to convince me.”
Well-positioned for further growth
“Our company is undergoing a period of rapid growth, both in Germany and abroad. We are accordingly very happy to have gained in Philipp Koecke a CFO who has already closely supported growth in other companies,” says Daniel Hannemann, co-founder and Managing Director at Tesvolt. “At the same time, Philipp knows the market of our key business areas very well. We’re very much looking forward to the collaboration.“
TESVOLT AG is one of the innovation and market leaders for commercial and industrial energy storage system solutions in Germany and Europe. TESVOLT products enable companies to end their energy dependency and play a part in the energy transition. The agile company produces intelligent lithium storage systems with power ratings from 10 kilowatt hours through to multiple megawatt hours – with top quality and TÜV-certified safety. TESVOLT manufactures its commercial storage system solutions in series production at its own carbon-neutral gigafactory in Lutherstadt Wittenberg and delivers them worldwide. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from TOP 100 and the smarter E Award in the “Outstanding Projects” category.
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