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Energy storage:

Tesvolt is experiencing rising demand for commercial storage units

Tesvolt, a provider of energy storage solutions for the commercial and industrial sector, is currently registering a significant increase in demand for its storage units that goes beyond the long-term growth trend. In the context of dramatically rising oil and gas prices, Tesvolt's order intake has jumped recently and was up around 195 per cent year-on-year in March 2022.

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"The tragic events in Ukraine have highlighted how dependent the industry is on Russian oil and gas supplies. A significant jump in order intake shows us that more and more companies now want to reduce their dependence on fossil fuels quickly and permanently. To achieve this, renewable energies must be combined sensibly with decentralised storage solutions," says Daniel Hannemann, co-founder and CEO of Tesvolt.

Tesvolt’s founders Daniel Hannemann (left) and Simon Schandert.

Dirk Bruniecki

Tesvolt’s founders Daniel Hannemann (left) and Simon Schandert.

SMEs want to move away from fossil fuels

There is currently an increased demand for commercial energy storage solutions, especially from Western Europe. Above all, medium-sized customers want to replace fossil fuels with renewable energies with suitable storage solutions. The high fuel prices and the currently accelerated expansion of the charging infrastructure for electric vehicles are decisive factors.

Tesvolt are also part of our Live broadcast next week

"Efficiently storing and using renewable energy is the most important prerequisite for becoming independent of oil and gas in the future - and for achieving the ecologically necessary energy transition," explains Daniel Hannemann. "This link has been demonstrated very clearly to the European economy in recent weeks." (mfo)