Redwood Materials launches energy storage business and its first target is AI data centers

The Nevada desert is compressed between two mass bins, 805 retiree Ever batteries emerge in a neat, each nongscript is wrapped and hidden in white tarra.

Passerber is the largest microgrid in North America, the AI ​​infrastructure company CRUSOE cannot understand that the 2000 GPU Module Information Center or Redwood Materials is the next big act of co-founder and CEO JB Straubel.

Redwood materials have started a power storage process, which has started a power storage, as part of the Nevada rig, Nevada device, Nevada device, a part of its batteries, as part of its battery repetition.

New business called Redwood Energy begins with a common Crusoe. The old EVS, which is not ready to spread, saves energy that produces energy from the adjacent sun series. The system, which produces 12 MW capacity and 63 MWh, the MODULI Information Center built by Crusoe, Ai Infrastructure Company, Ai Infrastructure Company, Ai Infrastructure Center Campus, Send Power to the best-known module information center on the initial website of the Stargate project.

Redwood said he was restoring more than 70% of battery packs used in North America or thrown in North America. Probably the batteries that are not ready for re-production are already worth more than 1 Gigawatt-hour in inventory. Waiting for 4 more Gigawatt-clocks in the coming months.

By 2028, the company said that the home-used home battery packs will sell 20 Gigawatt-hour Grigawatt-hour Grigawatt-hour.

To show the liability of Redwood – and Straubel with extension – all measures from the company’s light and DJ were used by microgrid until the great screen.

“We wanted to go to all,” said Straubel, the wide toopshy smile said. Bouncing effects for the event are set aside, not a microgrid demonstration project based on Crusoe. Straubel said that this is an income operation and that one is profitable. More of them will be placed with other customers this year.

“I think this has the potential to grow faster than the main repeat.”

Redwood materials have reached the expansion in recent years. The company raised $ 2 billion in private fundsIn 2017, the former Tesla CTO and present board member established by Straubel to create a circular supply chain.

As the company, mobile phone batteries and laptop computers, battery cell production began with a recycling from cell production, as well as consumer electronics. After processing these discarded goods, the material is usually mine, nickel and lithium, refers to Panasonic and other customers back to Redwood. However, the company was repeated and expanded outside the production of cathode. Redwood was created $ 200 million in income In 2024. It comes from selling battery materials like a catod.

It also grew up on footsteps and closes his Carson City, Nevada headquarters, Toyota, Panasonic and GM related deals South Carolina Factoryand made a purchase In Europe.

Redwood Energy is the next step, a step that is not closed to build their systems to be grid. Retired home batteries can be equipped with wind and the sun or connect to the network. In case of Crusoe Project, the Sun is equipped.

“No green intentions here,” Cto Colin Campbell said during a microgrid tour. “It is a good economic choice to be carbon-free.”

For more than a decade, companies have been promised to promise to build a grid scale from the home batteries used, but they only carried out in small quantities. Redwood, which started as battery materials and repetitive company, creates a new business line that promises to deliver Gigawatts to the energy warehouse in several years.

“This indicates how a waste hierarchy is economically economical,” Jessica Dunn, a battery expert in the Union of Scientists in TechCrunch. REDWOOD is a major repeat battery recognizing the potential of home batteries, “where the life market will go.”

Redwood was founded to build a supply chain that could control the predicted wave of home batteries that will be on the market. However, this wave was not as important as some predicted.

Manage batteries, it is a clear job opportunity for Redwood, but it can be something business.

“If Redwood did not enter the bargaining market, they would not have been selling a share of the battery sold. They had to wait until five, ten and 15 years were retired.” said. Meanwhile, other companies are getting rid of the years to reduce the red tree, selling batteries for grid scaling storage.

Straubel acknowledged it, in many ways in a given interview in which Redwood materials began a little early.

“We’ve really started early and started almost very early in a way,” the company first gathered the wave of the EVS and gathered in consumer batteries and production crumbs.

“Currently, the recycling market produces mainly in crumbs, consumer electronics and home batteries that fail under the guarantee,” Dunn said. Every year for Redwood is enough to process more than 20 Gigawatt-clocks, but today is expected to leave today and 150 Gigawatt-hours compared to 350 Gigawatt-clock.

Redwood currently has a salvation that Nevada has recycled in 175 hectares of Nevada, which is developing 600-acre mechanism Charleston, South Carolina. The latter consists of critical minerals that preferred to remain within the borders of Cathode and Anod and Anod.

The company previously said that by the end of this year, the 100 Gigawatt-hour cathode can prepare active material and anode foil. Until the end of the decade, the production expects to be dedicated to reaching 500 Gigawatt.