TESVOLT AG, one of the leading companies in technology for energy storage in the commercial and industrial sectors, is acquiring a substantial stake in Wendeware AG, an innovative software manufacturer in the area of energy management. The investment forms part of TESVOLT’s growth strategy and is expected to facilitate important technological progress in energy storage systems.
Certification body TÜV Rheinland has classified TESVOLT battery storage systems as safe. The storage systems passed the prestigious institute’s rigorous safety tests, making TESVOLT one of the few manufacturers on the market that can verify the safety of its energy storage systems for commerce and industry with certification from the independent testing institute. The certificate confirms both the electrical and functional safety of its products.
TESVOLT, a global technology leader for energy storage in the commercial and industrial sectors, has appointed outstanding members to its newly established Supervisory Board as it transforms into an “Aktiengesellschaft” (“AG”, comparable to a public limited company). In taking this step, TESVOLT AG is providing for highly dynamic business growth and further internationalisation. The members selected for the Supervisory Board combine comprehensive expertise in the energy industry, corporate administration and international financing, each bringing extensive experience and excellent networks in these fields.
TESVOLT, the manufacturer of energy storage systems for commerce and industry, has been named “Innovator of the Year” in the TOP 100 competition for the second time. It secured first place in its size category of 51 to 200 employees in this leading innovation contest for German small and medium-sized enterprises (SMEs). The 24-member expert panel was impressed by the outstanding climate of innovation and the innovative technology that underpins TESVOLT’s energy storage systems. The TOP 100 trophy was presented on Friday as part of the German SME Summit in Frankfurt am Main’s Jahrhunderthalle. This was the competition’s 29th instalment.
Wittenberg/Germany, 2 May 2022 – Tesvolt will present its new series of energy storage systems designed for commercial and industrial use at ees Europe in Munich, Germany. The new battery storage systems are set apart by their higher energy density and particularly high economic efficiency. The E series is Tesvolt’s response to the global shortage of chips in energy storage systems; the new systems are configured to use 80% fewer chips. This allows the manufacturer to produce its battery storage system solutions in larger batches and meet the skyrocketing demand for commercial storage systems.
Wittenberg/Germany, 11 April 2022 – Tesvolt, one of the world’s leading producers of energy storage technology for the commercial and industrial sectors, is currently experiencing a sharp increase in the demand for its battery storage systems that significantly exceed long-term growth trends. Against the backdrop of dramatic increases in oil and gas prices, Tesvolt’s order volume has seen a rapid increase over recent weeks and, in March 2022, peaked at 195% over that of the previous year.
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.
Wittenberg, 16 November 2021 – Tesvolt GmbH, one of the world’s leading companies in energy storage technology for the commercial and industrial sectors, has concluded an approximately EUR 40 million equity capital funding round. The funds were provided by a consortium of investors led by the Liechtenstein Group – a group of companies owned by Liechtenstein’s princely family. This is another milestone in Tesvolt’s growth strategy. Tesvolt will use the financial resources to accelerate its international activities and pursue its focus consequently on innovative products.
Largest contract to date for the battery storage system manufacturer
Wittenberg, Germany, 4 October 2021 – The Schaper Group is working with battery storage system manufacturer Tesvolt to implement a range of “green hydrogen” projects. It is the largest contract in the history of the Wittenberg-based company, with the collaboration promising revenues of around EUR 40 million for Tesvolt by 2023. The Schaper Group is installing Tesvolt energy storage systems with a total capacity of up to 40 megawatt hours (MWh) for the hydrogen pioneer Apex Group. The intelligent battery storage solutions offer hydrogen electrolysers a reliable power supply when solar or wind systems fail to produce sufficient energy.
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.
Energy storage system manufacturer now shareholder in think tank for high-performance charging
Wittenberg, Munich/Germany, 7 July 2021 – Tesvolt is now a shareholder in Stercom Power Solutions, a first mover in the field of inductive charging. The two companies want to join forces to expedite wireless charging of electric cars, buses and lorries to make driving electric even more convenient, efficient and economical. The expert in commercial energy storage systems, already the recipient of several awards for innovation, and the think tank for high-performance charging have found answers to as yet unresolved questions – like delivering sufficient charging power and finding the right parking position over the magnetic coil.
Wittenberg, Germany, 1/3/2021 – Tesvolt presents its new battery storage system, which for the first time has its own energy management system (EMS) and an integrated industrial inverter. The TS-I HV 80 is designed to achieve exceptionally high power electricity cost savings through the use of intelligent functions. The new power quality technology ensures high power quality that prolongs the lifespan of machines in commercial and industrial settings. The new storage system also provides reliable back-up power. Installers can sign up for training webinars now.
New service portal for installers of energy storage systems
Wittenberg/Germany, 1 December 2020 – Tesvolt recently made it particularly easy for tradespeople worldwide to obtain certification for the installation of their storage systems. On the new service portal, they can watch training videos at any time. Afterwards, they receive certification directly if they answer the questions correctly. Vouchers for the online training courses can currently be won in the online Advent calendar. The service portal also supports installers in all steps before and after the sale of energy storage systems.
Tesvolt supplies 2 MWh storage system for 100-percent green power
Wittenberg/Germany, 8 October 2020 – Europe’s largest charging park for electric vehicles will open on Friday at the Kreuz Hilden junction. The first construction phase of the “Seed & Greet” charging park is complete and 44 charging stations from various operators are ready, including Europe’s fastest charging stations from Tesla and Fastned. All the charging stations are supplied with 100-percent green power from sources including a large photovoltaic installation on the charging park’s carports and the high-performance storage devices from the German manufacturer Tesvolt.
Tesvolt delivers storage system for Patagonia National Park
Chacabuco/Chile, Wittenberg/Germany, 09/09/2020 – A “run-of-the-river” hydroelectric power station, photovoltaic installation, and battery storage system have been combined to provide facilities in the Patagonia National Park with electricity from renewable energy sources. The park is part of one of the most important nature conservation projects in the world. It was established by the founder of North Face, Douglas Tompkins, and his wife Kristine, previously CEO of the outdoor clothing company Patagonia. The aim of their foundation, Tompkins Conservation, is to rewild the region after decades of heavy overgrazing and desertification.
The battery storage system manufacturer has been named “Top Innovator 2020”
Wittenberg/Germany, 19 June 2020 – Tesvolt, the manufacturer of electricity storage systems for trade and industry, has today been named “Top Innovator of the Year” in the TOP 100 competition. It secured first place in its size category in this leading innovation contest for German small and medium-sized enterprises (SMEs). In addition to the young company’s rapid growth and agile organisational form, the 31-member jury was also impressed by the innovative technology that underpins Tesvolt storage systems. This was the competition’s 27th instalment.
Charging with 100% green power at the Kreuz Hilden junction in Germany
Wittenberg/Hilden, Germany, 22 April 2020 — The German manufacturer Tesvolt is supplying energy storage containers offering a total capacity of 2 megawatt hours (MWh) for Europe’s largest electric car charging park at the Kreuz Hilden junction. Various companies will offer a total of 114 charging stations, including 40 V3 Tesla Superchargers and 22 fast charging stations from Dutch supplier Fastned. Every charging station will be supplied with 100-percent green power, sourced in part from a large rooftop photovoltaic installation above the charging park....
Demand for storage systems on the rise despite COVID-19
Wittenberg/Germany, 1 April 2020 – Semi-automated production begins today in Europe’s first gigafactory for commercial battery storage systems, located in Wittenberg, Germany. Innovations in Tesvolt’s production process have enabled extremely flexible and efficient series manufacturing of its lithium-ion storage systems for industry and commerce. Production in the new factory is subject to stringent safety precautions. Additional measures are being taken to protect staff and customers from COVID-19.
Over 150,000 euros in savings per generation of salmon
Wittenberg/Germany, 12 November 2019. The Norwegian fish farming company Kvarøy uses a large-scale storage system developed by Tesvolt at its salmon farm located off the island of Selsøyvær in the Norwegian Sea. Mounted on a floating platform, lithium batteries with a total storage capacity of 158 kilowatt hours (kWh) have brought the diesel generators’ operating time down from 24 hours each day to just three. In raising a generation of salmon — a process which takes about 18 months — the company saves between 150,000 and 200,000 euros and also reduces its carbon footprint....
Tesvolt, a manufacturer of power storage systems for industrial and commercial operations, offers its distribution partners an augmented reality app for a virtual reality sales experience. Using the highly innovative technology of augmented reality, storage professionals can take advantage of various scenarios to vividly and memorably illustrate to their customers the advantages of power storage systems, for instance self-consumption optimization, peak shaving and off-grid connectivity.