Tesvolt expands its operations on four continents

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.

Marked rise in international orders

“Our mission is to bring affordable green energy to every corner of the world,” explains Tesvolt’s Commercial Director, Daniel Hannemann. “We’ve come quite a bit closer to the goal yet again. In addition to our sales activities in Europe, we’ve established new sales partnerships in Latin America and Africa and deepened our partnership in the Australian market. We’ve also noticed the effect of this in the number of international orders, which has risen by 170% when compared to the first half of 2020.”

Market share in Europe and overseas

In Europe, Tesvolt’s market share in the commercial energy storage systems segment is around 20%, with its market share in its core segment of battery storage systems in the 30 kWh to 1 MWh size classes at 49% in Germany alone. Tesvolt has a market share in the double digits in some of its overseas markets as well.

Major renewable energy specialist named sales partner in Africa

For the African market, Tesvolt works with Cape Town-based Solarworld Africa, one of the biggest specialist retailers for high-quality components in the field of renewable energies.

“As the energy infrastructure in Africa varies widely from country to country, our customers’ requirements are also extremely diverse,” says Managing Director of Solarworld Africa, Gregor Küpper. “The storage systems from Tesvolt can fulfil all of these requirements.”

South America: huge market potential for power storage systems

In South America, Tesvolt works together with the project developer Brasal Energia, which is based in Brazil’s capital of Brasília. For the Brazilian market, Tesvolt’s authorised service partner is Ideatek, which is based in the São Paulo area.

“Tesvolt is the technology leader in the commercial storage system market and works together with the premium inverter manufacturer SMA. That generates a lot of trust and puts the company on a good footing in Brazil,” says Ideatek Director Rogerio Mattos. “Power storage systems have huge market potential in Brazil because the electricity for business and industry during the day is five to eight times more expensive than during night-time hours.” Battery storage systems therefore often amortise within just a few years.

Tesvolt has already outfitted over 2,200 projects worldwide with its battery storage systems. Power storage systems from Tesvolt help commercial and industrial companies on every continent reliably draw inexpensive electricity.

About TESVOLT

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.

Press Contact

Vera Neuhäuser

Sunbeam GmbH
communications | new media | design
Kommunikation: DE | EN | FR

Phone: +49 (0) 30 / 221 83 82 49
Mobile: +49 (0) 178 / 53 68 425

vera.neuhaeuser@sunbeam-communications.com

Previous press release