Construction starts on new TESVOLT gigafactory

Construction starts on new TESVOLT gigafactory

Construction starts on new TESVOLT gigafactory 1024 504 Batteries International

April 12, 2024: One of the largest production facilities for stationary battery storage systems in Europe officially started construction on April 8 at the TESVOLT headquarters in Lutherstadt Wittenberg in Germany.

The battery giant held a ground-breaking ceremony attended by high-profile guests, including Reiner Hasloff, minister president of the state of Saxony-Anhalt and Michael Kellner, parliamentary state secretary at the German Federal Ministry for Economic Affairs and Climate Protection.

When the factory is completed it will cover an area of almost 6,000 square meters. Production is planned to start in 2025.

TESVOLT says the build will cost around €30 million ($34 million) for the first construction phase, which includes the construction of the production facility and the fully automated high-bay warehouse. Once running, annual production capacity is planned at 4GWh or 80,000 storage systems.

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 firm said. The new gigafactory should also create more than 400 jobs.