Connect with us

Hi, what are you looking for?



€40 Million In New Battery Deals For Manz AG

The German solar+storage production equipment supplier Manz AG recently sealed lithium-ion equipment supply deals totaling €40 million ($47.5 million), as per recent reports.

While the specifics of the deals have yet to be publicly revealed, the news is particularly notable owing to the relatively deflated nature of the broader European clean energy market at the moment. That said, while Europe is certainly starting to show some worrying economic signs, the battery energy storage market is as of right now still doing pretty well.

Manz AG

“With the major orders that we have now obtained we are raising the battery business segment to a new revenue range, thereby taking another important step towards diversifying our technology and customer portfolio,” as the CEO (and founder) of Manz AG, Dieter Manz, put it.

The move that led to this successful diversification is down to the integration of Arcotronics into the parent company (Manz AG), according to Dieter Manz. That acquisition was completed back in May of last year.

Worth noting, is that Manz AG can now offer what’s been described as a “unique technology portfolio” via the supply of production equipment for both wound coin cells and stacked pouch cells.

While the recent deals are certainly of importance, the company actually had its single biggest battery supply deal last June.

“The potential for us as a leading high-tech equipment manufacturer in the lithium-ion battery segment is huge,” concluded CEO Dieter Manz. “In addition to the existing extensive battery segment for consumer electronics, markets of the future, such as electromobility and stationary energy storage, will also drive the market dynamic further forward.”

Certainly the sort of language that you expect to hear from a CEO — I can’t help but wonder, though, about the upcoming months/years in the European market.

It seems as though a lot of things are beginning to come to a head in the EU economically — continued economic problems there could see the battery market stall out somewhat.

Image Credit: Manz AG

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.


You May Also Like


The solid-state EV battery of the future is not quite there yet, but BMW Group has seen enough to nail down an R&D partnership...


Almost one out of every three new vehicles sold in Germany in 2022 had a plug.

Clean Power

One of the big criticisms anti-EV people try to level against cleaner vehicles is the environmental costs of production. In many cases, it’s a...


There's a lot to like in the new US transportation decarbonization blueprint. It's actually very good in most ways, which is excellent to see...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.