Tesvolt is financing its multimillion-euro investment in the gigafactory without any outside funding, while the EU will lend its support to finance approximately 10 percent of the production line costs. The new production line, warehouse and offices will be fully supplied with solar energy.
The first phase of renovation yielding 12,000 sqm of floor space will be finished in June, and by the final phase, annual production will have reached over 1 GWh in an area of 20,000 sqm. By then, it is estimated that the number of employees will have risen from today’s 60 to between 100 and 120.
“The world market for stationary energy storage systems has already reached a total capacity of 16 GWh. 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, co-founder of Tesvolt, with partner Simon Schandert.
The technology for the factory’s new semi-automated production line comes from teamtechnik, a mechanical engineering company known for equipping many automobile manufacturers with production and testing lines. Teamtechnik’s cooperation ensures efficient and safe serial production of battery storage systems. Every battery module will be automatically tested for full functionality, and data from each process step will be recorded for seamless retracing capability.
The gigafactory is designed for the fully carbon-neutral production of Tesvolt battery storage systems. A photovoltaic installation with a 200 kWp power output will supply the electricity needed for the offices and storage system production.
Any excess electrical energy will be stored in the factory’s own Tesvolt batteries, which will have a capacity of 350 kWh. Tesvolt will also employ high temperature heating pump technology, reliant exclusively on a natural refrigerant, so that even the facility’s heating system will run on solar power.
As part of the Intersolar Europe exhibition in Munich, Tesvolt will be showcasing its products at the energy storage exhibition ees from May 15-17, 2019, Booth 430 in hall B1.