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NEWS: Redwood Materials diverts its huge battery hoard toward the AI energy boom

Redwood is turning its massive stash of used EV batteries into a power source for AI. (Business Insider)

  • The Nevada-based company launched Redwood Energy to convert lightly used battery packs into stationary storage, starting with a 12 MW/63 MWh system serving AI infrastructure firm Crusoe’s GPU-powered facility.

  • With 20 GWh of batteries processed annually and over 5 million EVs on US roads, Redwood plans to scale to 20 GWh of second-life storage by 2028.

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