Overview

• Redwood Energy repurposes EV battery packs that no longer meet vehicle standards into low-cost, carbon-free storage modules.
• The company holds over a gigawatt-hour of second-life batteries and expects to add 5 GWh within the next year.
• The Nevada microgrid taps solar-charged batteries to deliver 12 MW of power and 63 MWh of storage to a Crusoe AI center’s 2,000 GPUs.
• JB Straubel says the business line is already profitable and could outpace the core recycling operation.
• International Energy Agency data indicate that AI-driven increases in data center demand could double electricity use by 2030.