German energy storage start-up Tesvolt announced its plans of building Europe’s first gigafactory to produce battery storage systems in Lutherstadt Wittenberg, Germany.
Tesvolt stated that this facility will have the capacity to produce more than 1GWh of lithium-based batteries per year. The company is financing the multimillion euros investment in the gigafactory without any outside funding and the European Union has agreed to provide up to 10% of the production line costs.
The first phase of the gigafactory will have a 12,000 m2 of floor space and is expected to be finished in June. By the time, the facility reaches the final phase, it will be able to produce 1GWh of lithium-based energy storage systems, under a built-up area of 20,000 m2. When the final phase is completed, the factory will employ between 100 and 120.
Tesvolt co-founder Daniel Hannemann said: “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.
“We want the gigafactory to be our contribution to reaching this goal, making clean and affordable energy possible anywhere in the world.”
Tesvolt stated that the new factory’s technology will include semi-automated production line provided by teamtechnik, a mechanical engineering company that supplies automobile manufacturers with production and testing lines.
teamtechnik’s support is expected to bring an efficient and safe serial production line for the battery storage systems. Every battery module will be automatically tested for full functionality and data from each process step will be recorded for retracing.
Tesvolt also claims that its gigafactory was designed to be fully carbon-neutral in terms of its own energy consumption. A 200kW rooftop solar system will be installed, which will fulfill the electricity needs of the offices and storage system production. Excess energy from the solar system will be stored in its own batteries, with 350kWh capacity.