TESVOLT AG

TESVOLT AG, founded in 2014 in Wittenberg, Germany, specializes in high-performance energy storage systems for commercial and industrial applications. Using advanced NMC lithium-ion technology and modular designs, TESVOLT supports renewable energy integration across various sectors with over 5,000 installations worldwide.

Company Location

Country:

Germany

City:

Lutherstadt Wittenberg

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Company Overview

TESVOLT AG is a German manufacturer specializing in energy storage systems for commercial and industrial applications. Founded in 2014 by Daniel Hannemann and Simon Schandert and based in Lutherstadt Wittenberg, the company develops and produces advanced modular battery storage systems with capacities from 10 kWh to 30 MWh, serving sectors including manufacturing, agriculture, and commercial enterprises. With over 5000 installations worldwide, TESVOLT supports businesses in their transition to renewable energy.

Battery Technology

High-performance prismatic lithium-ion cells from Samsung SDI with nickel-manganese-cobalt-oxide (NMC) chemistry and over 90% recycling rate. Proprietary Active Battery Optimizer (ABO) and DynamiX Battery Optimizer (DBO) systems enhance performance and longevity. Modular design and individual-cell battery management enable flexible configuration, integration with solar, wind, and hydroelectric sources, and extended lifespan. Manufactured in Europe’s first carbon-neutral gigafactory.

Products

Modular energy storage systems offering 10 kWh to 30 MWh capacity, featuring prismatic lithium-ion NMC cells, ABO and DBO optimizers, and a battery management system for individual cell monitoring. Systems support grid-connected and independent renewable energy integration.

Recent Projects

In 2024 TESVOLT invested €30 million to build a 6000 m2 carbon-neutral gigafactory at its Lutherstadt Wittenberg HQ, targeting 2025 operations and 80 000 systems annual capacity. Launched TESVOLT Energy subsidiary for commercial energy trading with proprietary battery management software and partnerships with leading German energy traders.

Investors

In 2021, the company raised €40M in a round led by Liechtenstein Group (Princely Family of Liechtenstein). Other investors include IBG-Fonds of Saxony-Anhalt, E.R. Capital Holding and a family office with automotive expertise. The co-founders retain majority control.

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