Further investments are being planned for energy storage systems, reinforcing the niche as a necessity in the wider manufacturing world.
Going forward, up to 100,000 energy storage systems will be produced per year on a total area of more than 5000 square meters. Located at the company’s Neunheim site in Baden-Württemberg, VARTA’s storage systems will have an average capacity of ten kilowatt hours.
Production output, which is now highly automated with robots and laser welding, will rise to more than one gigawatt hour per year.
The €20 million investment will also create more than 100 jobs. Dominik Gluba, General Manager of VARTA Energy Storage: “Growth in the home storage market continues unabated.
“In the first quarter of 2023, more than 110,000 new storage units were installed in Germany,” he goes on.
“For the first half of the year, we expect almost 240,000 new installations in Germany. With the production capacities of the new Gigafactory, we can adapt well to the growing market.”
The investment is part of VARTA’s overall strategic concept. The company had announced that it would target growth markets even more specifically with innovative products as part of its restructuring.