{"id":65404,"date":"2018-12-04T13:03:15","date_gmt":"2018-12-04T12:03:15","guid":{"rendered":"https:\/\/sunbeam-communications.com\/?p=65404"},"modified":"2019-02-25T14:11:32","modified_gmt":"2019-02-25T13:11:32","slug":"https-www-tesvolt-com-en-presse-tesvolt-erhaelt-eu-foerdermittel-fuer-hochvoltspeicher__prr31-html","status":"publish","type":"post","link":"https:\/\/sunbeam-communications.com\/en\/https-www-tesvolt-com-en-presse-tesvolt-erhaelt-eu-foerdermittel-fuer-hochvoltspeicher__prr31-html\/","title":{"rendered":"Tesvolt Receives EU Funding For High-Voltage Storage System"},"content":{"rendered":"<p>Press release<\/p>\n<h1 class=\"b\">Tesvolt Receives EU Funding For High-Voltage Storage System<\/h1>\n<div>\n<p>Brussels, Belgium\/Wittenberg, Germany, 4 December 2018<strong> \u2013 Tesvolt, a manufacturer of storage systems for industry and commerce, is to receive 2.15\u00a0million euros in EU funding. The European Union believes that Tesvolt\u2019s high-voltage storage system has the potential to change the power storage market. The German company will now receive support under the EU\u2019s SME instrument, enabling it to mass-produce its lithium high-voltage storage systems and launch them on the market worldwide. A total of 1,658 businesses from across Europe applied for phase II funding under the SME instrument, and 63 were successful. <\/strong><\/p>\n<p>Press photos can be found here:\u00a0<a href=\"https:\/\/www.tesvolt.com\/de\/presse\/tesvolt-erhaelt-eu-foerdermittel-fuer-hochvoltspeicher__prr31.html\" target=\"_blank\" rel=\"noopener\">www.tesvolt.com<\/a><\/p>\n<p><strong>Halving the costs of commercial storage systems <\/strong><\/p>\n<p>\u201c<em>We\u2019re looking for the innovators of tomorrow. We believe that Tesvolt\u2019s high-voltage storage system is a disruptive product, as it could slash the costs of electricity storage by more than half<\/em>,\u201d says Marco Rubinato, EU Programme Officer. These costs could drop from around 18\u00a0euro cents per kilowatt hour of electricity stored to just 7\u00a0cents in the future, as soon as Tesvolt begins mass production of its high-voltage storage system. The funding will be used to set up semi-automated serial production at the company\u2019s Wittenberg site and to market the innovative storage system worldwide. It will be provided over a period of two years.<\/p>\n<p><strong>First mass production of commercial storage systems in Europe<\/strong><\/p>\n<p>\u201c<em>The EU has recognized that Germany is an important hub for battery technology. We\u2019re delighted to have been awarded this funding and we want to use it to set up the first mass production facility for commercial storage systems in Europe,<\/em>\u201d says Daniel Hannemann, who founded the company four years ago together with Simon Schandert.<\/p>\n<p><strong>EU convinced by Tesvolt\u2019s storage technology<\/strong><\/p>\n<p>\u201c<em>It was our proprietary battery control system which really helped to convince the EU. This is what makes our storage systems especially durable and economical,<\/em>\u201d explains Simon Schandert. The battery management system ensures that the battery cells are always optimally charged and discharged. The active cell balancing is not just limited to the cells within a battery module, but also optimizes the different battery modules to fit with each other. The temperature, voltage and state of charge of each individual cell or battery module is monitored, significantly boosting the cells\u2019 lifespan. This gives Tesvolt storage systems a service life of up to 30\u00a0years, equivalent to around 8,000 complete charge cycles with a depth of discharge (DoD) of 100 percent.<\/p>\n<\/div>\n<div>\n<p><strong>About Tesvolt<\/strong><br \/>\nTesvolt specialises in commercial battery storage systems. The innovative company from Lutherstadt Wittenberg produces storage systems with state-of-the-art prismatic lithium battery cells from Samsung SDI, based on nickel manganese cobalt oxide. Tesvolt storage systems function just as well at low voltage as at high voltage, and can be connected to all energy producers: sun, wind, water, biogas and combined heat and power \u2013 on-grid and off-grid. All storage systems are produced at Tesvolt\u2019s manufacturing facility in Germany.<\/p>\n<p>In 2018, Tesvolt was awarded the German Entrepreneur Award. In the same year, Tesvolt received the &#8220;The smarter E award&#8221; in the &#8220;Outstanding projects&#8221; category for the off-grid power supply of an avocado farm in southwestern Australia.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Press release Tesvolt Receives EU Funding For High-Voltage Storage System Brussels, Belgium\/Wittenberg, Germany, 4 December 2018 \u2013 Tesvolt, a manufacturer [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","footnotes":""},"categories":[610,5122],"tags":[],"yst_prominent_words":[1524,1526,2341,2342,2343,2344,2345,2346,2347,599,2348,634,2349,644,2350,1401,2351,1402,1419,1450],"class_list":["post-65404","post","type-post","status-publish","format-standard","hentry","category-energy-storage","category-tesvolt-en"],"_links":{"self":[{"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/posts\/65404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/comments?post=65404"}],"version-history":[{"count":2,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/posts\/65404\/revisions"}],"predecessor-version":[{"id":65407,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/posts\/65404\/revisions\/65407"}],"wp:attachment":[{"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/media?parent=65404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/categories?post=65404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/tags?post=65404"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/sunbeam-communications.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=65404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}