May 7 (Renewables Now) - German commercial storage systems maker Tesvolt GmbH is building a battery storage factory that it claims will be the first one in Europe capable of producing over 1 GWh annually.
Completion of the first phase, covering 12,000 sq m of factory floor space, is expected in June, Tesvolt said on Monday. The semi-automated production line for the plant has been delivered by mechanical engineering firm Teamtechnik.
The lithium storage factory is located in Lutherstadt Wittenberg, in the German state of Saxony-Anhalt, and represents a multimillion-euro investment. The entire complex will span an area of 20,000 sq m. An estimated completion deadline for the project’s second phase was not provided.
The current site, including the production line, warehouse and office premises, will be powered by a 200-kWp onsite photovoltaic (PV) installation. Any unused electricity will be stored in an own Tesvolt battery storage unit. Tesvolt will also use innovative high-temperature heating pump technology at the site.
Tesvolt said it has secured EU support to finance around 10% of the production line costs, while the overall investment will be covered without any outside funding.