ADS-TEC Energy Strengthens Market Position in Battery Storage Sector in Austria

NÜRTINGEN, Germany & KÄRNTEN, Austria--(BUSINESS WIRE)--Feb 4, 2026--

ADS-TEC Energy PLC (NASDAQ: ADSE) today marked the successful completion of its first year in the Austrian market including an expanded presence in the Austrian energy market. In 12 months, ADS-TEC Energy has secured battery energy storage wins across public utilities, energy providers and industrial customers. One system is already live, while further projects are underway and scheduled to go live by mid-2026.

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“Austria has been committed to renewable energy for many years, and battery storage is the key enabling technology to ensure that these systems operate reliably and economically. Storage makes renewable generation predictable, resilient, and economically viable,” said Thomas Speidel, CEO of ADS-TEC Energy.

A central reference project was implemented in partnership with the Austrian energy company, AAE, in Kärnten. At the heart of the installation is an ADS-TEC Energy BESS5000 large-scale battery system at an agrivoltaics (agriPV) site and fully integrated with a regional energy system that combines photovoltaic, wind, and hydropower generation.

The storage system has evolved from a pure infrastructure asset into an active market opportunity. It is allowing AAE to participate in energy trading. And, as well as delivering new revenue streams, the battery system provides grid backup and helps optimize AAE’s energy system.

“Today, our customers expect more than a product. They are looking for a partner who combines technology, system expertise and operational experience. This is exactly where our strength lies: we deliver integrated solutions including hardware, software and services that perform in the field and create long-term value,” said Roland Klauss, CEO of ADS-TEC Energy Austria.

ADS-TEC Energy offers a comprehensive solution for battery energy storage projects and supports customers across the entire value chain, from project development and system design through commissioning and market integration. A key component is an economic assessment of each project based on a holistic view of energy markets. ADS-TEC Energy develops robust business cases and supports customers to optimize revenues and return on investment.

Furthermore, resilience and supply security have become decisive factors for many customers. Depending on the configuration and system integration, large-scale battery systems can fulfill multiple security roles: providing emergency power for critical loads, supporting island mode operations during grid outages, and contributing to blackout preparedness, for example through system stabilization and controlled restart capabilities with energy generation assets. ADS-TEC Energy also meets the growing requirements for cyber security, leveraging its established expertise in industrial IT systems. These system-level capabilities were a decisive factor for several customers when selecting ADS-TEC Energy as their partner.

As part of the global ADS-TEC Energy Group, ADS-TEC Energy Austria serves as the central point of contact for battery storage projects in Austria and supports selected neighboring markets in Southeastern Europe. Its proximity to customers, grid operators and project partners allows the company to address national regulatory frameworks and market specifics efficiently and effectively.

About ADS-TEC Energy

With more than a decade of experience in lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and ultra-fast charging systems, including advanced energy management software. ADS-TEC Energy’s battery-buffered fast-charging technology enables electric vehicles to charge at ultra-high power levels even on weak grids, all within an exceptionally compact design.

Headquartered in Nürtingen, Baden-Württemberg, the company was nominated by the President of Germany for the German Future Prize and was inducted into the “Circle of Excellence” in 2022. The outstanding quality and performance of ADS-TEC Energy’s systems are the result of extensive investment in in-house development and high levels of vertical integration. With its advanced technology platforms, ADS-TEC Energy is a trusted partner for automotive manufacturers, energy providers, and charging infrastructure operators worldwide.

For more information, visit: www.ads-tec-energy.com

An ADS-TEC Energy BESS5000 large-scale battery system on its way to a customer in Austria

LONDON (AP) — The British government agreed Wednesday to release emails and other documents casting light on the decision to appoint Peter Mandelson as ambassador to the United States despite his friendship with Jeffrey Epstein.

The move came after the opposition Conservative Party said it would force a vote in Parliament calling for the release of emails and other messages related to Mandelson’s appointment in 2024. Critics say he should never have been given the job because his relationship with Epstein — though not its extent — was known at the time.

“I intend to make sure that all of the material is published,” Prime Minister Keir Starmer told lawmakers, apart from documents that compromise Britain's national security, international relations or the police investigation into Mandelson's activities.

Starmer said Mandelson had “lied repeatedly” to officials about his relationship with Epstein, and had “betrayed our country, our Parliament and my party.”

“I regret appointing him,” Starmer said in the House of Commons. “If I knew then what I know now, he would never have been anywhere near government.”

Conservative leader Kemi Badenoch said the government should publish all relevant files, “not just the ones the prime minister wants us to see.”

Mandelson, 72, was fired in September from his job as envoy in Washington, after emails were published showing he maintained a friendship with Epstein following the late financier’s 2008 conviction for sex offenses involving a minor. Epstein died by suicide in a jail cell in 2019, while awaiting trial on U.S. federal charges accusing him of sexually abusing dozens of girls.

Mandelson resigned from the House of Lords and faces a police investigation for alleged misconduct in public office. A trove of documents released by the U.S. Department of Justice suggested Mandelson may have shared sensitive information with Epstein when he was government minister a decade and a half ago.

In 2009 he appears to have told Epstein he would lobby other members of the government to reduce a tax on bankers’ bonuses, and passed on an internal government report discussing a potential sale of U.K. government assets. The following year he appears to have tipped off Epstein about an imminent bailout of the European single currency.

The newly released files also suggest that in 2003-2004, Epstein sent three payments totaling $75,000 to accounts linked to Mandelson or his partner Reinaldo Avila da Silva.

Misconduct in public office carries a maximum sentence of life in prison. Opening an investigation does not mean Mandelson will be arrested, charged or convicted.

An email requesting comment on the documents was sent to Mandelson through the House of Lords.

Starmer said the government was working on legislation to remove the noble title, Lord Mandelson, that the ex-ambassador still holds. He will also be removed from the Privy Council, a committee of senior officials that advises King Charles III, for bringing “the reputation of the Privy Council into disrepute,” Starmer said.

The European Union is also investigating potential wrongdoing by Mandelson when he was the bloc's trade commissioner between 2004 and 2008. The U.K. was an EU member until 2020.

“We will be assessing if, in light of these newly available documents, there might be a breaches of the respective rules with regard to Peter Mandelson,” European Commission spokesperson Balazs Ujvari said. “We have rules in place, emanating from the treaty and the code of conduct that commissioners, including former commissioners, have to follow.”

Associated Press writer Sam McNeil in Brussels contributed to this report.

This story was earlier corrected to show that the EU is investigating Mandelson, not Epstein.

Britain's Prime Minster Keir Starmer departs 10 Downing Street to go to the House of Commons for his weekly Prime Minister's Questions in London, Wednesday, Feb. 4, 2026. (AP Photo/Alastair Grant)

FILE - Britain's Ambassador to the United States, Peter Mandelson, speaks during a reception at the ambassador's residence on Feb. 26, 2025 in Washington. (Carl Court/Pool Photo via AP, File)