Demand has spiked for storage systems with an emergency power function as well as for off-grid storage, Tesvolt said, indicating it will amend its lithium-ion based battery production accordingly.
"Tesvolt will be gradually adding capacity to account for the current increase in demand, seeing as its order volume has almost tripled since the same quarter last year," the company stated.
Test-bed for storage technologies
Germany's rapidly rising share of weather-dependent renewable energy makes the country a test-bed for storage technologies, to enable its use when there is only little or no sun or wind power available.
Though truly large-scale storage might not be needed for another decade, the technology has started to spread small-scale in the form of batteries in cars, homes and companies. Falling technology costs encourage a larger-scale deployment.
The energy storage sector in Germany recorded sales growth of 10 percent to 5.5 billion Euros in 2019 and expects continued growth. Industrial applications saw a particularly strong increase to 1.3 billion Euros, and are likely to become the industry’s prime market segment.