Wittenberg, 04 December 2017 – TESVOLT has begun delivery of the new TS HV 70 generation of high-voltage storage systems, which store energy even more efficiently than before. To enable installers to compare different storage systems reliably and transparently, TESVOLT is also now offering an LCOS calculator on its website. This can be used to calculate and compare the actual costs per kilowatt hour stored (levelized cost of storage, LCOS) – making it the very first online tool to offer such a clear and comprehensive comparison. For TESVOLT’s high-voltage storage systems, the calculator gives an LCOS of 9 to 10 cents per kilowatt hour.
New high-voltage storage system increases cost efficiency
TESVOLT has adjusted various parameters to make its TS HV 70 high-voltage storage system even more efficient and, as a result, even more profitable. The system’s discharge capacity has been boosted to as high as 75 kilowatts, and customers can choose to install 14 or 16 modules. Thanks to its increased capacity, the high-voltage storage system achieves a particularly low LCOS of 9 to 10 cents per kilowatt hour stored.
LCOS calculator brings greater transparency to the storage system market
The abbreviation LCOS stands for levelized cost of storage, which refers to the cost of storing one kilowatt hour in a battery storage system including battery inverter – without taking into account production costs, which are included in the LCOE (levelized cost of energy), for example. This makes the LCOS one of just a few indicators that can be used to reliably compare the profitability of different storage system models.
To enable specialist partners to access this tool, thereby ensuring greater transparency in the storage system market, TESVOLT is now offering the LCOS calculator alongside the storage assistant and the peak load assistant on its website. The relevant information for TESVOLT products is already stored in the tool’s database, while the details of other storage systems can be manually entered using data sheets in order to calculate and compare them.
“We want this comparison with the rest of the market,” says Michael Geib, Vice President of Global Sales at TESVOLT. “Properly dimensioned commercial storage systems are unbeatable in an LCOS comparison. So we’ve decided to be completely transparent when it comes to profitability. After all, alongside the right size and flexible expansion options, profitability is the most important factor in the decision to invest in a battery storage system.”
TESVOLT specializes in commercial and industrial battery storage systems. The innovative company from Wittenberg produces lithium storage systems with prismatic battery cells from Samsung SDI, based on nickel manganese cobalt oxide. TESVOLT storage systems are always a good match, for high or low voltage, on- or off-grid. They can be used with any regenerative energy source or with combined heat and power units or fuel cells.
TESVOLT produces its commercial storage system solutions in series in Wittenberg, Germany, at Europe’s first gigafactory for battery storage systems, and delivers them all over the world. The company has already completed over 2,200 storage projects worldwide.
TESVOLT has won accolades including the German Entrepreneur Award for Rising Stars. The company also received The smarter E Award in the Outstanding Projects category as well as the international Alliance for Rural Electrification (ARE) Award for a project supplying off-grid energy to an avocado farm in southwest Australia.
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