Finance expert Philipp Koecke becomes CFO of Tesvolt

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.“

About TESVOLT

TESVOLT AG specialises in battery storage systems for commerce and industry. The innovative company produces intelligent lithium storage systems with power ratings from 30 kilowatt hours through to many megawatt hours. Tesvolt uses high-performance battery cells from Samsung SDI. Tesvolt manufactures its commercial storage system solutions in series production at Europe’s first gigafactory for commercial battery storage systems at its Wittenberg site in Germany and delivers them worldwide. Tesvolt has already implemented more than 3,000 storage system projects worldwide and employs more than 170 people. 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.

Press Contact

Ingo Valldorf
Corporate & Financial Communications

Phone: +49 3491 8797-234

E-mail: ingo.valldorf@tesvolt.com

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