Topic: strategic pivot energy storage

Redwood Materials Targets AI Data Centers With New Energy Storage Venture

Redwood Materials, led by Tesla co-founder JB Straubel, has launched Redwood Energy, repurposing retired EV batteries to create North America’s largest microgrid, powering AI data centers with a 12 MW solar-powered system and 63 MWh of storage capacity. The company aims to deploy 20 gigawat...