Energy Storage News•about 2 months ago
Redwood Energy positions second-life BESS as ‘essential infrastructure’ for US data centre load growth, domestic manufacturing needs
Key Takeaway
The emergence of Redwood Energy's second-life BESS, backed by major tech firms, signals a significant and sustainable pathway to power the escalating demands of data centers while bolstering domestic manufacturing capabilities.
AI Summary
- •Redwood Energy (Redwood Materials' storage arm) is positioning second-life Battery Energy Storage Systems (BESS) as essential infrastructure for rapidly growing US data center load and domestic manufacturing needs.
- •The company has secured significant backing from tech giants Google and Nvidia, indicating strong market confidence and potential for rapid scaling in the energy storage sector.
- •Second-life BESS offers a sustainable and potentially cost-effective solution to meet the surging power demands of data centers by leveraging existing battery assets.
- •This initiative supports domestic manufacturing goals, aligning with broader policy objectives for a resilient US supply chain in energy technology.
Topics
datacenterfinancingoempolicystorage
Article Content
Energy-Storage.news Premium speaks with Claire McConnell, VP business development for Redwood Materials’ energy storage business, Redwood Energy, about its recent backing from Google and Nvidia, and what it has planned next.