# Tesvolt starts construction of battery gigafactory in Lutherstadt Wittenberg

Tesvolt has begun construction of a new gigafactory in Lutherstadt Wittenberg, Germany, with an investment of €30 million for the first phase. The factory will produce 80,000 energy storage systems (4 GWh) annually, create over 400 jobs, and is expected to start operations in 2025.

- Type: New facility
- Announced: 2024-04-09
- Where: Lutherstadt Wittenberg, Germany
- Value: $32.5M (30.0M EUR)
- Jobs: 400
- Starts operating: 2025
- Status: under construction
- Capacity: 4 GWh per year (80,000 energy storage systems)
- Products: battery energy storage systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [TESVOLT](https://endata.com/companies/68524.md)

## Sources

- [solarmagazine.nl](https://solarmagazine.nl/nieuws-zonne-energie/i37140/tesvolt-gaat-in-nieuwe-fabriek-jaarlijks-80-000-batterijen-produceren), 2024-04-10: "TESVOLT heeft in Lutherstadt Wittenberg het startschot gegeven voor de bouw van een nieuwe fabriek die jaarlijks 4 gigawattuur aan batterijen gaat produceren"

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