The German commercial battery energy storage manufacturer said its Tesvolt Energy subsidiary will work with several “algotraders” on the energy trading business. Its partners are Vienna-based Enspired and Munich-based Entrix and The Mobility House. It will put the traders into competition with each other.
“With Tesvolt Energy, we are offering businesses and industry a very, very lucrative opportunity to participate in energy trading in the [customer-side] front-of-the-meter sector,” said Tesvolt CEO Daniel Hannemann.
