Elli enters the industrial energy storage business

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Katerina Vojtechova
Katerina Vojtechova
Volkswagen Group Technology Spokesperson Charging and Energy
Julia Pirlich
Julia Pirlich
Volkswagen Group Technology / Head of Corporate Communications (Elli)
Purple logo of Elli, a Volkswagen Group company, with a dot pattern.
  • Stationary large-scale storage systems are an important component in tomorrow’s energy system. The demand for storage solutions will increase throughout Europe in the coming years, with experts expecting growth by a factor of 100 in Germany alone.
  • Elli will develop and operate energy storage projects on an industrial scale together with partners. The company is thus opening up a new business area and further expanding its range of energy services.
  • In the first step, individual projects with up to 350 MW of capacity and 700 MWh of storage capacity are planned. A first storage project could be launched in Germany as early as 2025.

Wolfsburg. The Volkswagen Group is entering a new business segment with the Elli charging and energy brand and will develop, build and operate large-scale stationary storage systems together with partners along the value chain. In the future, Elli's industrial energy storage systems will be used to supply customers and for arbitrage transactions on the electricity market. In this way, Elli is driving the transformation into a smart energy company and making a significant contribution to stabilizing and increasing the efficiency of the power grids. First Elli battery storage projects could be set up as early as next year.

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