TESVOLT

Lutherstadt Wittenberg, Germany, 24 April 2024 – Tesvolt will be presenting its new TPS HV 80 E outdoor storage system container at the “The smarter E” trade fair in Munich. Optimised for continuous use in commerce and industry, the system can be used for multiple applications simultaneously. The system comes pre-assembled and once on site, the container only needs to be loaded with battery modules and connected. With an above-average lifespan of up to 30 years, the new container storage system comes with a capacity guarantee of 10 years. For the market launch, Tesvolt is offering a 10% discount on purchases of the new storage system until 30 June 2024.

Press images: https://www.tesvolt.com/en/press/smarter-e-tesvolt-presents-new-outdoor-battery-storage-system-for-commercial-use.html

Competitive advantage: significant reduction in installation work

“One genuine competitive advantage of our new outdoor storage system is that it comes completely prewired. On site, all the installer needs to do is build the foundations, insert the modules and connect the storage system, so the installation work is significantly reduced,” explains Simon Schandert, CTO and co-founder of Tesvolt. “This also prevents potential errors during installation and allows specialist partners to plan their time better.”

Storage systems for all applications – even simultaneously

“For many customers, it’s important that their storage system also work for future business models. With the TPS HV 80 E, they’re equipped for the future because they can use the system not only for peak shaving and self-consumption optimisation but also for more specialist requirements, such as control of charging stations and zero feed-in – and they can run various applications in parallel,” says Schandert.

The TPS HV 80 E is also suitable for ancillary services and arbitrage trading. This means that the storage system can be charged up from the utility grid at a cheap rate and discharged later when energy is expensive. “Prediction-based charging is sure to be of particular interest to customers with their own photovoltaic systems or dynamic electricity tariffs,” adds the Tesvolt founder.

Exceptionally efficient

Technologically, the new storage container is part of the proven E series, which Tesvolt launched a year ago. Like the rest of the E series, the TPS HV 80 E includes advanced Tesvolt battery modules – 22 cells of the latest-generation Samsung SDI for extra safety. The high energy density of the battery cells makes these storage systems exceptionally economical and space-saving, with a compact casing that measures 10 or 20 feet in length and a storage capacity ranging from 80 kWh to 1,280 kWh.

The TPS HV 80 E storage system also has a fully modular design – from the battery modules to the container – which makes it especially versatile. Customers can choose between two different energy management systems, while the Sunny Tripower Storage X three-phase battery inverter from SMA ensures super fast reaction and control times and a broad usable DC voltage range. The integrated air conditioning provides cooling or heating – depending on the weather – to ensure optimum performance.

Complete support for installation partners

Tesvolt offers its installation partners a full range of digital services – from storage configuration and ordering to commissioning and after-sales support. Partners can receive training on the system and configuration, as well as support with commissioning. Tesvolt also offers a hotline for personal consultation.

Tesvolt will be presenting the new container storage system at booth 110 in hall B2 from 19 to 21 June 2024.

About Tesvolt

Tesvolt AG is one of the innovation and market leaders for commercial and industrial energy storage system solutions in Germany and Europe. Tesvolt products enable companies to end their energy dependency and play a part in the energy transition. The agile company produces intelligent lithium storage systems with power ratings from 10 kilowatt hours through to multiple megawatt hours – with top quality and TÜV-certified safety. Tesvolt manufactures its commercial storage system solutions in series production at its own carbon-neutral gigafactory in Lutherstadt Wittenberg, Germany, and delivers them worldwide. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from TOP 100 and the smarter E Award in the “Outstanding Projects” category.

www.tesvolt.com/en/

Press contact

Ingo Valldorf
Tesvolt
Corporate & Financial Communications
Telefon: +49 3491 8797-234
E-Mail: ingo.valldorf@tesvolt.com

Lutherstadt Wittenberg, 9 April 2024 – TESVOLT AG, one of the innovation and market leaders for commercial and industrial energy storage solutions in Germany and Europe, yesterday officially started construction of its new gigafactory at its headquarters in Lutherstadt Wittenberg with a ground-breaking ceremony. With a planned annual production capacity of 4 gigawatt hours, TESVOLT will build one of the largest facilities for commercial stationary battery storage systems in Europe. An investment volume of around 30 million euros is planned for the first construction phase, which includes the construction of the production facility and the fully automated high-bay warehouse. The TESVOLT Gigafactory, which will cover an area of almost 6,000 square metres, is scheduled to go into operation in 2025.

Press pictures: https://www.tesvolt.com/en/press/ground-breaking-ceremony-for-the-construction-of-the-new-tesvolt-gigafactory-in-lutherstadt-wittenberg.html

Yesterday’s ground-breaking ceremony was attended by TESVOLT employees and partners as well as renowned guests from the world of politics, including Dr Reiner Haseloff, Minister President of Saxony-Anhalt, Michael Kellner, Parliamentary State Secretary at the Federal Ministry of Economics and Climate Protection, Christian Tylsch, District Administrator of the Wittenberg district and Torsten Zugehör, Lord Mayor of Lutherstadt Wittenberg. On the industry side, Urban Windelen, Bundesverband Energiespeicher Systeme e.V., and Jörg Ebel, Bundesverband Solarwirtschaft e.V., took part in the symbolic ceremony.

With the new plant, TESVOLT is making another important contribution towards European energy independence and is further expanding its role as a technological pioneer. The new Gigafactory is expected to create more than 400 jobs at TESVOLT.

Dr Reiner Haseloff, Minister President of Saxony-Anhalt, commented: “TESVOLT combines a strong sense of responsibility with immense entrepreneurial innovation. The success story that the company has written in recent years is based on this. Now a new chapter is being added. I am firmly convinced that the Gigafactory will be a showcase project for our entire country.”

Tenfold increase in existing capacity in line with expected market growth

The new production building has two floors and enables highly automated, efficient production of battery storage systems. Overall, production is characterised by a very high degree of digitalisation. Among other things, fully automated robots are integrated into parts of the production process. With the new Gigafactory, TESVOLT will be able to produce up to 80,000 storage systems per year. This corresponds to a tenfold increase in current capacity. This enables TESVOLT to participate in the dynamic market growth for commercial and industrial energy storage solutions. After all, market experts are forecasting average annual growth of over 30% in the European battery storage market alone over the next six years.

Thanks to small wind turbines on the building and a photovoltaic system, TESVOLT will continue to ensure completely CO2-neutral production of its storage products in the future. TESVOLT obtains its heating energy in the new production facility from air heat pumps and heat recovery. Surplus electricity is collected in TESVOLT’s own battery storage systems. The new Gigafactory complies with the KfW55 standard and is being built by Goldbeck as the general contractor.

Daniel Hannemann, Co-Founder and CEO of TESVOLT: “Today’s ground-breaking ceremony marks a milestone for our company. With the new Gigafactory, we will be able to increase our production capacity for TESVOLT storage systems to up to 80,000 storage systems per year. We are thus also setting new international standards. This brings us one step closer to our goal of supplying every corner of the world with affordable, green energy. Because without battery storage, there will be no energy transition.”

Second construction phase planned in the medium term with expansion of R&D activities

In a second construction phase, a research and development centre is also to be built on the TESVOLT site over the next few years, where the company can further develop its innovative battery storage systems. This is intended to secure TESVOLT’s position as a technology pioneer in a dynamically developing market. Attractive offers for employees are to be integrated to promote TESVOLT’s agile way of working. According to current plans, these include a modern training area, lecture theatres and spacious, digitally equipped office space.

About Tesvolt

Tesvolt AG is one of the innovation and market leaders for commercial and industrial energy storage system solutions in Germany and Europe. Tesvolt products enable companies to end their energy dependency and play a part in the energy transition. The agile company produces intelligent lithium storage systems with power ratings from 10 kilowatt hours through to multiple megawatt hours – with top quality and TÜV-certified safety. Tesvolt manufactures its commercial storage system solutions in series production at its own carbon-neutral gigafactory in Lutherstadt Wittenberg, Germany, and delivers them worldwide. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from TOP 100 and the smarter E Award in the “Outstanding Projects” category.

www.tesvolt.com/en/

Press contact

Ingo Valldorf
Tesvolt
Corporate & Financial Communications
Telefon: +49 3491 8797-234
E-Mail: ingo.valldorf@tesvolt.com

The Spatz, the tried and tested work vessel of the German Federal Waterways and Shipping Administration (WSV), was the first work vessel to be equipped with an electric drive. Tesvolt supplied the battery storage system for this and worked closely with shipping manufacturers to tailor the ship’s electric propulsion system to its needs. Now the “E-Spatz” has been awarded the title “Inland Ship of the Year”. In the coming years, 100 more work vessels in the Spatz fleet are to be equipped with zero-emission engines.

Press images are available here: https://www.tesvolt.com/en/press/e-spatz-is-barge-of-the-year.html

Flagship project for clean waterways and climate protection

“There is no alternative to the electrification of shipping on the path to cleaner waters and reducing global greenhouse gas emissions. Shipping’s potential to meet climate targets is still underestimated. In fact, there are many applications for electric drives in inland navigation,” says Michael Miebach, Business Development Manager Maritime Solutions at Tesvolt. The Hansa editorial team’s “Inland Ship of the Year” award honours not only the technological achievements of the E-Spatz but also the commitment and collaboration of all the companies involved and the WSV in this pioneering project.

To tailor electric ship propulsion to the needs of the E-Spatz, Tesvolt has worked with Kadlec & Brödlin, one of the oldest marine integrators, and with Jastram, a supplier of high-quality rudder propellers. All components for the propulsion system are perfectly coordinated with each other. The electrification of the Spatz was carried out by the Bolle shipyard from Saxony-Anhalt.

One charge is enough for three days

The work vessel with its innovative propulsion system ensures traffic safety on the rivers and canals of the west German canal network. Construction and maintenance work on the waterways is just as much a part of its duties as bearing work. Unlike its diesel-powered predecessor, the E-Spatz is powered solely by two 80 kW (109 hp) electric motors. The batteries have a capacity of 980 kWh. There are seven water-cooled battery modules with a capacity of 10 kWh each arranged in 14 racks. Each of the 98 modules is constantly monitored by the battery management system. This ensures that the temperature, state of charge and health of the built-in cells is always clear. The batteries are charged at night via a shore power cable connection with a maximum output of 125 A located at the rear of the E-Spatz. Depending on the type of work, the E-Spatz can be operated for up to three days on a single battery charge.

Launch of a future-oriented fleet

With more than 600 vessels, WSV is the largest inland shipowner in Germany. The WSV currently operates around 130 vessels of the Spatz class alone, which will be fitted with zero-emission propulsion systems in the future. The first E-Spatz marks the beginning of a new generation of environmentally friendly ships.

Maximum storage capacity in a small space

“A real advantage for our shipping customers is that our energy storage systems are considerably lighter than conventional ones, thanks to their high energy density of 6.5 kg per kWh. This is particularly important for ships, as it allows a higher-capacity battery storage system to be installed. This means that ships have a correspondingly longer range and can cover further distances electrically,” says Kilian Hoffmann, Business Development Manager for Maritime Solutions at Tesvolt. Tesvolt’s DNV-certified battery storage systems are also among the safest on the market thanks to their integrated fire suppression system.

About Tesvolt AG – Maritime Solutions

With its Maritime Solutions division, Tesvolt AG is a leading provider of innovative energy storage solutions for the maritime industry. The company is developing advanced lithium-ion battery systems for a zero-emission future for the shipping industry. Maritime Solutions is an important part of Tesvolt AG, one of the innovation and market leaders for commercial and industrial energy storage solutions in Germany and Europe. The innovative company produces intelligent lithium storage systems with capacities ranging from 10 kWh through to many MWh.

www.tesvolt-maritime.com/en/

www.tesvolt.com

Tesvolt press contact

Ingo Valldorf
Corporate & Financial Communications
Phone: +49 3491 8797 234
Email: ingo.valldorf@tesvolt.com

TÜV Rheinland has also taken a close look at the latest battery storage system generation from Tesvolt. The high-voltage storage systems TS HV 30 E, TS HV 50 E and TS HV 80 E passed the safety tests. Tesvolt is 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 IEC 62619 certification confirms both the electrical and functional safety of Tesvolt’s products, which are available throughout Europe.

Press images: https://www.tesvolt.com/en/press/tesvolt-battery-storage-systems-are-among-the-safest-in-europe.html

Catch-up work is required in the storage system industry

“Unfortunately, product safety testing is not yet a matter of course within the storage system industry. Numerous manufacturers economise with regard to certificates and more comprehensive safety testing,” reports Roman Brück, Head of the Components, Power Electronics and Certification Department at TÜV Rheinland. “Tesvolt, on the other hand, takes the subject of safety very seriously. We were involved right from the start of development and took a very close look at the new storage system series – in other words, in addition to testing functional and electrical safety, we also carried out fire tests, abuse tests and combination tests which check the interaction of the individual components.”

Tesvolt demands safety tests for all manufacturers

“I think that all companies are under pressure to optimise their costs. Globalisation and the current economic situation have certainly played a part in this. With the rapidly increasing number of manufacturers, particularly from China, there are some who unfortunately make cutbacks in areas where it is not immediately noticeable. For example, regarding voluntary certification and testing or in the quality and durability of individual components,” explains Simon Schandert, co-founder and CTO at Tesvolt. “However, safety must always be given top priority.”

Tesvolt, together with other quality manufacturers in bodies such as the German Energy Storage Systems Association (BVES), is thus campaigning for additional certification and testing to be made mandatory for all manufacturers.

Multi-stage safety concept

Tesvolt pursues a multi-stage safety concept. The company carries out partially automated complete cyclic conditioning at its production site in Lutherstadt Wittenberg: Every battery module is fully charged and discharged and tested for any irregularities with regard to temperature, voltage and internal resistance. Finally, fully automated end-of-line inspections ensure maximum safety, with every battery cell tested and less efficient battery modules automatically removed.

All Tesvolt energy storage systems are also designed with multiple in-built safety features. The battery cells are subject to six safety mechanisms. For example, a safety fuse will interrupt the electrical current if the unit experiences a short circuit or overcurrent. In the event of excess pressure, a safety valve on the cell opens in order to ensure that pressure compensation takes place. A sturdy aluminium housing protects every cell from mechanical damage.

Tesvolt’s A and E series battery storage systems are tested in accordance with the international IEC standards: 62619, 62620, 61000, 61010, 61508 and UN38.3. Tesvolt is also certified in accordance with ISO 9001:2015 for successful implementation of quality management throughout the company.

The TS HV 30-80 E series battery storage systems are certified for all European countries. Certification for the UK is expected to follow in the first quarter of 2024.

You can find more information about Tesvolt’s safety concept here.

About Tesvolt

Tesvolt AG is one of the innovation and market leaders for commercial and industrial energy storage system solutions in Germany and Europe. Tesvolt products enable companies to end their energy dependency and play a part in the energy transition. The agile company produces intelligent lithium storage systems with power ratings from 10 kilowatt hours through to multiple megawatt hours – with top quality and TÜV-certified safety. Tesvolt manufactures its commercial storage system solutions in series production at its own carbon-neutral gigafactory in Lutherstadt Wittenberg and delivers them worldwide. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from TOP 100 and the smarter E Award in the “Outstanding Projects” category.

www.tesvolt.com/en 

Tesvolt press contact

Ingo Valldorf
Corporate & Financial Communications
Tel: +49 3491 – 8797-234
Email: ingo.valldorf@tesvolt.com

The international project developer Green Energy 3000 and Tesvolt, one of the innovation and market leaders for commercial and industrial energy storage solutions, are continuing their collaboration with the launch of their fourth joint project. This involves deployment of Tesvolt battery containers in a new solar farm near Braunschweig, Northern Germany. The solar farm will supply green electricity to around 5,000 households, while simultaneously reducing the load on the utility grid.

Pressebilder finden Sie hier: https://www.tesvolt.com/de/presse/tesvolt-und-green-energy-3000-bauen-zusammenarbeit-aus.html

Four solar farms with a total of 18.3 MWh

The fourth joint battery storage system project will see Tesvolt deliver two TPS-E storage containers with a total of 10 MWh of energy and 4 MW of output to Gardessen, near Braunschweig in Lower Saxony. The storage containers are to be connected to a solar farm with an output of 12 MWp. Pairing photovoltaics with a battery storage system helps create a more reliable and clima-friendly energy supply in the region. The project is being funded by the government as part of its innovation tendering scheme with which the German federal government regularly puts funded quantities of renewable energy production out for tender.

Tesvolt and Green Energy 3000 have already launched three similar projects within Germany over the past two years: battery storage systems totalling 8.3 MWh have been connected to solar farms in Saxony’s Großschirma, Brandenburg’s Maulbeerwalde and Bavaria’s Schnaittenbach. When combined with the current project, this means that the two partners have added a total of around 18.3 MWh in storage capacity to the utility grid.

The ban on bidirectional charging must be lifted

The battery storage system is not just intended to reduce the load on the utility grid; the energy it stores is also sold via arbitrage transactions, for instance, or via participation in the operating reserve markets.

“Legislators need to take action to ensure the innovation tender remains an appealing tool for project owners. The current stipulation that battery storage systems are not allowed to store electricity from the grid, i.e. that they cannot run bidirectionally, must be changed as a matter of urgency. This is the only way for the available storage capacity to be used to full effect,” says Philipp Schreiber, project manager for large-scale storage systems at Tesvolt. “This would also add a clear additional incentive for investing in energy storage, as operators would be able to boost their profits by selling their storage capacity. In turn, this would quieten demand from project developers for get higher feed-in tariffs.”

A stable supply of green energy

“We’re delighted to be continuing our brilliant partnership with Green Energy 3000,” says Simon Schandert, Tesvolt’s CTO. “With our expertise in battery storage systems and Green Energy 3000’s project development know-how, we’re jointly contributing to a sustainable energy supply and showing the way toward the energy transition.”

“We managed to technically optimise the projects through our constructive collaboration with Tesvolt, which continued after the battery storage system had been commissioned. The partnership between Green Energy 3000 and Tesvolt has now proved its worth and delivered a wealth of valuable insights for both parties,” says Andreas Renker, CEO at Green Energy 3000.

Durable and specialised in ancillary services

Tesvolt’s TPS-E battery container boasts high energy density in three different container sizes, 100% depth of discharge and a planned lifespan of 30 years. Thanks to Tesvolt’s intelligent battery management system, the TPS-E stabilises the integration of renewable energy sources into the utility grid to enable a reliable supply of clean energy. The system can be adapted to any purpose – self-consumption optimisation, peak shaving, arbitrage trading on spot markets or the provision of operating reserves.

You can view a video on the project in Großschirma here: https://www.tesvolt.com/de/projekte/stuetze-fuer-das-stromnetz.html

About Tesvolt

Tesvolt AG is one of the innovation and market leaders for commercial and industrial energy storage system solutions in Europe. Tesvolt products enable companies to end their energy dependency and play a part in the energy transition. The agile company produces intelligent lithium storage systems with power ratings from 10 kilowatt hours through to multiple megawatt hours – with top quality and TÜV-certified safety. Tesvolt manufactures its commercial storage system solutions in series production at its own carbon-neutral gigafactory in Wittenberg, Germany, and delivers them worldwide. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from TOP 100 and the smarter E Award in the “Outstanding Projects” category.

About Green Energy 3000

Green Energy 3000 Holding GmbH is an umbrella organisation for German and international companies working together on the energy transition. The group’s range of services encompasses the project development, planning, financing, procurement, establishment and operation of wind and solar farms, hybrid installations with battery storage systems and agri-PV projects. More than 65 projects with a cumulative output of more than 350 MW have been implemented since 2004.

Through its work, Green Energy 3000 plays a key role in the expansion of renewable energies and a secure, independent energy supply.

www.ge3000.de

Press contact

Tesvolt
Ingo Valldorf
Corporate & Financial Communications
Tel: +49 3491 – 8797-234
Mobile: +49 151 724 740 09
Email: ingo.valldorf@tesvolt.com

At this year’s smarter E Europe trade fair in Munich, Tesvolt has joined with Denios to present an all-in-one solution that combines a battery storage system and fire protection – the only one of its kind in the world. The Power Safe product line also meets the most stringent safety requirements in commercial and industrial settings, for example in operations located in water conservation areas or regions that are at a risk of forest fires, or as required by some insurers. Products in this line feature cases offering F90 fire resistance rating and are available in various sizes, from small-scale 80-kWh solutions to large energy storage systems with several megawatt hours.

Press images are available here: https://www.tesvolt.com/en/press/tesvolt-presents-storage-solutions-for-special-safety-requirements.html

Sophisticated fire protection case for extreme requirements

“For years now we have been engaged with the safe storage and handling of hazardous materials. Tesvolt not only has high-performance, durable storage systems, it also has some of the safest battery storage technologies on the market. However, in some cases, safety requirements are particularly strict, for example in countries with special environmental regulations or specific requirements from insurers,” explains Markus Boberg, Business Development Manager at Denios. “Now we have joined together to develop a technical solution that can meet the strictest safety requirements, by enclosing the battery storage system within an additional fire safety case.”

Proof of safety for public authorities

In the Power Safe product line, storage systems come in a spatial system with dual-frame construction classified as REI 90 or REI 120 fire protection. It can withstand fire, either internal or external, for at least 90 minutes, fulfilling the standards for safety certification demanded by approval authorities and greatly reducing complex approval processes. This safety certification also allows the system to be installed without a minimum clearance between it and adjacent buildings. Moreover, Denios offers round-the-clock remote monitoring and will alert the operator immediately in the event of a problem with the system. An aerosol-based extinguishing system is also available for the spatial system.

Certified safety

“Tesvolt storage systems already fulfil particularly stringent safety requirements. We have a multi-level safety concept and our storage systems are certified by the testing institute TÜV Rheinland. I am particularly pleased that we can now also offer our commercial customers a technical solution for highly sensitive environments. With this we have cleared yet another hurdle on the path to universal availability of clean energy,” says Simon Schandert, CTO and Co-Founder of Tesvolt.
The exceptionally high safety levels of Tesvolt storage systems are driven partly by the design of the battery cells: prismatic cells are considered to be the safest lithium-ion cells. At the system level, Tesvolt’s battery management system also monitors the voltage of each individual cell. This means the whole system is subject to constant plausibility monitoring. If the normalised range is exceeded, the system automatically switches to a safe state.
Power Safe spatial systems with fire protection come with European Technical Assessment (ETA) and associated CE labelling. This offers enhanced planning and legal security for country-specific approval processes.

Tesvolt at smarter E

Power Safe battery storage systems are primarily sold through Denios, but on request they can also be processed through Tesvolt.
At the ees / The smarter E Europe trade fair in Munich, Tesvolt is exhibiting the new Power Safe storage systems at stand B2 110 from 14 to 16 June.

About Tesvolt

Tesvolt AG is one of the innovation and market leaders for commercial and industrial energy storage system solutions in Germany and Europe. Tesvolt products enable companies to end their energy dependency and play a part in the energy transition. The agile company produces intelligent lithium storage systems with power ratings from 10 kilowatt hours through to multiple megawatt hours – with top quality and TÜV-certified safety. Tesvolt manufactures its commercial storage system solutions in series production at its own carbon-neutral gigafactory in Lutherstadt Wittenberg, Germany, and delivers them worldwide. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from TOP 100 and the smarter E Award in the “Outstanding Projects” category.

www.Tesvolt.com

Press contact

Vera Neuhäuser
Tel. +49 30 – 221 83 82 49
Mobil +49 178 – 53 68 425
vera.neuhaeuser@sunbeam-communications.com

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.

Please find press pictures here: https://www.tesvolt.com/en/press/tesvolt-is-now-an-ag-with-an-outstanding-supervisory-board.html

With the transformation to AG status, the existing directors will be appointed to the Management Board. As CEO, Tesvolt co-founder Daniel Hannemann will take up the role of Chairman. Co-founder Simon Schandert will be responsible for the products and their technical development in his role as CTO. Finance expert Philipp Koecke, who recently joined the company, will be CFO.

Oliver Borrmann was appointed Chairman of the Supervisory Board in the inaugural meeting, and Claudia Thonet Deputy Chair. Johannes Meran and Ralf Christian make up the remainder of the Supervisory Board.

Oliver Borrmann is one of Germany’s most experienced venture capital investors. He is the founder and Managing Partner of bmp Ventures AG, which began investing in Tesvolt in early 2017 with its fund, “IBG Risikokapitalfonds III” of the German state of Saxony-Anhalt. Tesvolt has also secured Ralf Christian, former CEO of the Energy Management division of Siemens, for the Supervisory Board. In his former role, he was responsible for 55,000 employees worldwide and over EUR 12 billion in revenue. He has been a key player in the global energy industry for two decades, with upper management positions at Siemens and GE. Ralf Christian was also involved in the establishment of Fluence Energy, a US-based provider of energy storage system solutions throughout the world. Johannes Meran is Managing Partner and CIO of the Liechtenstein Group, which is owned by the Princely House of Liechtenstein and which made a significant investment in Tesvolt in the most recent funding round, in autumn 2021. Claudia Thonet is the founder and Managing Director of Claudia Thonet Agile Consulting and supports Tesvolt as an expert in organisational development in the context of agile transformation.

Daniel Hannemann and Simon Schandert, board members and majority shareholders in Tesvolt AG: “Following our successful funding round, we are now giving our company the structural basis for further growth. We are proud and pleased to have leading experts on the Supervisory Board to support us on this journey. Their expertise and contacts will give us key impetus for the further expansion of Tesvolt.”

About Tesvolt

Tesvolt AG specialises in battery storage systems for commerce and industry. The innovative company produces intelligent lithium storage systems with power ratings from 30 kilowatt hours through to many megawatt hours. Tesvolt uses high-performance battery cells from Samsung SDI. Tesvolt manufactures its commercial storage system solutions in series production at Europe’s first gigafactory for commercial battery storage systems at its Wittenberg site in Germany and delivers them worldwide. Tesvolt has already implemented more than 3,000 storage system projects worldwide and employs more than 170 people. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, “Innovator of the Year” from “TOP 100” and the smarter E Award in the “Outstanding Projects” category.

www.tesvolt.com

Contact

Tesvolt, 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.

You can find press images here: https://www.tesvolt.com/en/press/tesvolt-wins-leading-innovation-prize-for-smes-again.html

An agile organisation: everyone can be an innovator at Tesvolt

“I believe that innovations are revolutionary ideas that make our world a better place. With many countries now seeking to gain independence from Russian gas imports, innovation in the field of renewable energies is more important than ever before,” commented Daniel Hannemann, Co-Founder and CEO of Tesvolt. “Most of the time, innovations are the result of spontaneous ideas – and then you need the courage and the right environment to transform ideas into marketable products. Anyone can be an innovator at Tesvolt thanks to our agile organisational structure. I am tremendously proud of our joint effort in becoming Innovator of the Year again.”

Tesvolt opted to implement an agile organisational structure four years ago. Since then, it has dispensed with classic hierarchies. All employees receive comprehensive training on the methods of the agile organisational structure. “At Tesvolt, decisions are made in the team – in line with an agile principle that rapidly leads to results. This approach works exceptionally well,” reported Tjorven Niels Graßnick, Corporate Agile Coach at Tesvolt. “All employees have also received company shares, which also promotes a climate of innovation.”

Technological innovation saves electricity costs

Tesvolt’s innovative energy management system (EMS) was also a crucial factor in the panel naming the Wittenberg-based company Innovator of the Year once more. The EMS captures the energy flows of all consumers and producers and controls them as efficiently as possible. This allows to combine a range of applications, such as optimised self-consumption and intelligent peak shaving. Previously, operators had to choose one of the possible uses in advance. So the energy storage system adapts better to the individual requirements of commercial and industrial uses and thus saves even more electricity costs.

Scientific selection procedure

The TOP 100 innovation competition is based on a scientific selection procedure. Prof. Nikolaus Franke (one of the world’s leading innovation researchers, with 25 research awards to his name) and his team compared 436 SMEs based on more than 100 innovation indicators. They scrutinised the climate of innovation and the management team’s willingness to promote innovation, and the success of the resulting products on the market. The expert panel used this analysis to choose the winners. The panel is made up of experts from business, academia, the media and politics – including the likes of consultant Roland Berger and politician Gregor Gysi. The competition’s project partners are the Fraunhofer Society for the Advancement of Applied Research and the German Association for Small and Medium-Sized Businesses (BVMW).

“The competition was very strong again this year and it was impressive to see how innovative SMEs have dealt with the changes and challenges of our time. From the large amount of applicants, we determined the best“, said Prof. Nikolaus Franke, scientific director of the contest. The jury awarded Tesvolt the top grade of A+ in the four categories of Innovation Promoting Top Management, Innovation Climate, Innovative Processes & Organisation and External Orientation.

About Tesvolt

Tesvolt specialises in battery storage systems for commerce and industry. The innovative company produces intelligent lithium storage systems with power ratings from 30 kilowatt hours through to many megawatt hours. Tesvolt uses high-performance battery cells from Samsung SDI. Tesvolt manufactures its commercial storage system solutions in series production at Europe’s first gigafactory for commercial battery storage systems at its Wittenberg site in Germany and delivers them worldwide. Tesvolt has already implemented more than 3,000 storage system projects worldwide and employs almost 150 people. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category and the International Rural Electrification Award (ARE).

www.tesvolt.com

Press contact

Vera Neuhäuser
Tel. +49 30 – 221 83 82 49
Mobil +49 178 – 53 68 425
vera.neuhaeuser@sunbeam-communications.com

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.

You can find press images here: https://www.tesvolt.com/de/presse/markt-reagiert-auf-energiekrise-nachfrage-nach-tesvolt-stromspeichern-steigt-deutlich.html

Daniel Hannemann, Tesvolt CEO and co-founder: „The tragic events in Ukraine are showing just how much the industrial sector depends on Russian oil and gas. This vast surge in orders highlights that increasingly more companies are now looking to quickly and permanently reduce their dependency on fossil fuels. In order to do so, we need to effectively couple renewable energy generation systems with decentralised energy storage solutions.“

Currently, demand for commercial energy storage systems has drastically surged, particularly from Western Europe. The move towards replacing fossil fuels with renewable energy and suitable storage systems is especially strong among medium-sized businesses. The key drivers behind this development are the high fuel prices and the expansion of the charging infrastructure.

Daniel Hannemann: „Efficient storage and use of renewable energy is the most important requirement for becoming independent of oil and gas in the long term – and for achieving the ecologically necessary energy transition. This has become increasingly more evident in recent weeks in the European economy, and it is now up to our sector to provide first-rate solutions for meeting this demand quickly and comprehensively. And this is precisely what we are investing in.“

About Tesvolt

Tesvolt specialises in battery storage systems for commerce and industry. The innovative company produces intelligent lithium storage systems with power ratings from 30 kilowatt hours through to many megawatt hours. Tesvolt uses high-performance battery cells from Samsung SDI. Tesvolt manufactures its commercial storage system solutions in series production at Europe’s first gigafactory for commercial battery storage systems at its Wittenberg site in Germany and delivers them worldwide. Tesvolt has already implemented more than 3,000 storage system projects worldwide and employs almost 150 people. The company has already received several awards, including the German Entrepreneur Award in the “Rising Stars” category, the “TOP 100” award for innovation and the international award for rural electrification (ARE).

www.tesvolt.com

Press contact


Vera Neuhäuser
Tel. +49 30 – 221 83 82 49
Mobil +49 178 – 53 68 425
vera.neuhaeuser@sunbeam-communications.com