{"id":41839,"date":"2023-06-22T16:45:55","date_gmt":"2023-06-22T15:45:55","guid":{"rendered":"https:\/\/manufacturing-today.com\/?p=41839"},"modified":"2023-06-22T16:46:40","modified_gmt":"2023-06-22T15:46:40","slug":"energy-storage-systems-demand-prompts-20-million-investment","status":"publish","type":"post","link":"https:\/\/manufacturing-today.com\/news\/energy-storage-systems-demand-prompts-20-million-investment\/","title":{"rendered":"Energy storage systems demand prompts \u20ac20 million investment"},"content":{"rendered":"\n

Further investments are being planned for energy storage systems, reinforcing the niche as a necessity in the wider manufacturing world.<\/strong><\/h2>\n\n\n\n

VARTA AG (VARTA), a German automotive company, is investing in the growth market of renewable energies<\/a>. As part of that move, its new factory for energy storage systems will go into operation<\/a>.<\/p>\n\n\n\n

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\u2019s Neunheim site in Baden-W\u00fcrttemberg, VARTA\u2019s storage systems will have an average capacity of ten kilowatt hours.<\/p>\n\n\n\n

Production output, which is now highly automated with robots and laser welding, will rise to more than one gigawatt hour per year.<\/p>\n\n\n\n

The \u20ac20 million investment will also create more than 100 jobs. Dominik Gluba, General Manager of VARTA Energy Storage: \u201cGrowth in the home storage market continues unabated.<\/p>\n\n\n\n

\u201cIn the first quarter of 2023, more than 110,000 new storage units were installed in Germany,\u201d he goes on.<\/p>\n\n\n\n

\u201cFor 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.\u201d<\/p>\n\n\n\n

The investment is part of VARTA\u2019s overall strategic concept. The company had announced that it would target growth markets even more specifically with innovative products as part of its restructuring.<\/p>\n","protected":false},"excerpt":{"rendered":"

Further investments are being planned for energy storage systems, reinforcing the niche as a necessity in the wider manufacturing world.<\/p>\n","protected":false},"author":6,"featured_media":41840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[1155,1156,582,591],"class_list":["post-41839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-europe","tag-energy-storage","tag-energy","tag-manufacturing"],"acf":[],"yoast_head":"\nEnergy storage systems demand prompts \u20ac20 million investment<\/title>\n<meta name=\"description\" content=\"Further investments are being planned for energy storage systems, reinforcing them as a necessity in the manufacturing world. 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