energy storage
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Europe’s first gigafactory for battery storage systems is being put into operation in Lutherstadt Wittenberg, Germany.

Tesvolt, a manufacturer of energy storage systems for industry and commerce, is working to establish new production facilities for lithium storage systems with an annual production capacity of over 1GWh.

Tesvolt is financing its multimillion-euro investment in the gigafactory without any outside funding, while the EU will lend its support merely to finance around 10% of the production line costs. The new production line, warehouse and offices will be fully supplied with solar energy. Register: Battery Storage: Africa’s energy metals market and supply chain

“The world market for stationary energy storage systems has already reached a total capacity of 16GWh. Europeans are calling for an end to harmful coal-fired power plants and diesel scandals. They want a future free of environmental disasters,” says Daniel Hannemann, who founded Tesvolt five years ago with partner Simon Schandert. “We want the gigafactory to be our contribution to reaching this goal, making clean and affordable energy possible anywhere in the world.”

The gigafactory is designed for the fully carbon-neutral production of Tesvolt battery storage systems. A photovoltaic installation with a 200kWp power output will supply the electricity needed for the offices and storage system production.

In addition, high-temperature heating pump technology, reliant exclusively on a natural refrigerant, will be installed so that even the facility’s heating system will run on solar power.