Wittenberg, Germany, 6 July 2026 – TESVOLT AG has completed a planned leadership transition. Co-founder and former Chief Executive Officer (CEO) Daniel Hannemann joined the Supervisory Board on 1 July 2026. Effective immediately, co-founder and long-serving Executive Board member Simon Schandert has been appointed CEO, while Carsten Tegeler assumes the role of Chief Financial Officer (CFO).
Schandert has served on the Executive Board since TESVOLT was founded in 2014, most recently as Chief Technology Officer (CTO), where he led the company's technology strategy and development. Together with CFO Carsten Tegeler, he will now head the Executive Board. Tegeler brings extensive financial leadership experience, having previously held senior finance roles at Ganske Publishing Group, Buss Group and Baker Tilly. Hannemann will support a smooth transition before focusing on TESVOLT's long-term strategic development in his capacity as a member of the Supervisory Board.
Focus remains on integrated energy solutions
The leadership transition does not change TESVOLT's strategic direction. The company will continue to strengthen its position as a system integrator and trusted partner for installers in the commercial and industrial (C&I) and utility-scale markets. Over the coming years, TESVOLT intends to further expand its integrated end-to-end offering. In addition to battery storage hardware, customers already benefit from software for energy management, plant control and energy trading. The company also plans to continue expanding its business dedicated to developing, building and operating co-location projects and battery energy storage parks.
Daniel Hannemann to support the company’s continued development from the Supervisory Board
Daniel Hannemann said: “TESVOLT has developed successfully over recent years and established itself as one of the leading providers of intelligent battery storage solutions for commercial and industrial customers. Now is the right time to hand over operational responsibility to Simon. I look forward to supporting the company's continued development from the Supervisory Board.”
Simon Schandert appointed Chief Executive Officer
Simon Schandert reported: “Daniel and I have built Tesvolt together and worked side by side for more than twelve years. I look forward to continuing our success story with our outstanding team and accelerating the growth of our different business areas.”
Supervisory Board welcomes new executive leadership team
Oliver Borrmann, Chairman of the Supervisory Board, said: “Simon Schandert combines outstanding technological expertise with deep knowledge of our business and is ideally placed to lead TESVOLT into its next phase of growth. Carsten Tegeler brings considerable financial expertise to the Executive Board, while we are delighted to welcome co-founder Daniel Hannemann to the Supervisory Board. On behalf of the entire Supervisory Board, I would like to thank Daniel for his vision, entrepreneurial spirit and exceptional contribution to building Tesvolt into one of the leading providers of battery storage solutions for commercial and industrial applications.”
Press contact
Vera Neuhäuser
Phone: +49 30 221 83 82 49
Mobile: +49 178 53 68 425
TESVOLT AG is a German provider and system integrator of battery energy storage systems for commercial, industrial and utility-scale applications. As a full-service provider, the company manages every stage of a project, from planning and construction through to operation and energy trading. Through its subsidiary TESVOLT Energy, storage systems with a capacity of 50 kW or more can already participate in energy trading markets.
The Group also includes TESVOLT OCEAN GmbH, which develops battery storage solutions for maritime applications. Founded in 2014, TESVOLT has delivered more than 6,000 battery storage projects worldwide.
Corporate & Financial Communications
Phone: +49 3491 8797-367 / +49 3491 8797-323
E-mail: presse@tesvolt.com
by Cicero Design
German