1. TESVOLT is constructing one of Europe’s largest commercial stationary battery storage systems facilities in Germany.
2. The €30 million investment in the first phase includes the construction of a production facility and automated high-bay warehouse.
3. The Gigafactory will have a capacity to produce up to 80,000 storage systems per year, with plans for a research and development center in the future.
TESVOLT, a German energy storage solutions developer, has begun constructing a 4GWh battery energy storage system gigafactory at its headquarters in Germany. The project is one of the largest facilities for commercial battery storage systems in Europe, with an investment of €30 million planned for the initial phase.
The German Gigafactory, set to be operational in 2025, will cover nearly 6,000 square meters and create over 400 jobs. The facility will allow TESVOLT to produce up to 80,000 storage systems per year, a tenfold increase in capacity. The production will feature advanced digitalization and automation processes to meet the growing demand for energy storage solutions.
The new factory will use renewable energy sources like small wind turbines and a photovoltaic system to achieve CO2-neutral production. Heating energy will be obtained from air heat pumps and heat recovery, with surplus electricity stored in TESVOLT’s own battery storage systems. In addition to the Gigafactory, a research and development center will be constructed to further enhance TESVOLT’s battery storage systems.
The project has received praise from officials, including Dr Reiner Haseloff, minister president of Saxony-Anhalt, who sees the Gigafactory as a showcase project for Germany. TESVOLT’s CEO, Daniel Hannemann, believes the new facility will help the company reach its goal of providing affordable and green energy worldwide.