# VARTA AG launches gigafactory for energy storage systems in Ellwangen, Germany

VARTA AG is investing over €20 million in a new factory for energy storage systems at its Neunheim site in Ellwangen, Germany. Production will start in summer 2023, with capacity up to 100,000 systems per year (over 1 GWh), creating about 120 jobs.

- Type: New facility
- Announced: 2023-06-14
- Where: Ellwangen, Baden-Württemberg, Germany
- Value: $22.0M (20.0M EUR)
- Jobs: 120
- Starts operating: Q2 2023
- Status: under construction
- Capacity: 100,000 energy storage systems per year (over 1 GWh)
- Products: energy storage systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [VARTA AG](https://endata.com/companies/70821.md)

## Sources

- [varta-ag.com](https://www.varta-ag.com/en/about-varta/news-press/details/varta-launches-gigafactory-for-energy-storage-systems), 2023-06-14: "VARTA AG is investing in the growth market of renewable energies: In the summer, its new factory for energy storage systems will go into operation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.