Utility Dive•about 1 month ago
Rivian, Redwood Materials announce energy storage partnership
Key Takeaway
This partnership showcases a scalable model for large industrial consumers to deploy sustainable, on-site energy storage using second-life EV batteries, enhancing energy resilience and promoting circular economy principles.
AI Summary
- •EV manufacturer Rivian and battery recycling/materials company Redwood Materials are partnering to integrate second-life battery packs into an energy system.
- •The initial project involves deploying these repurposed EV battery packs at Rivian's Illinois assembly plant for on-site energy storage.
- •This initiative demonstrates a practical, industrial-scale application of circular economy principles, repurposing retired EV batteries for stationary energy storage.
- •For large power consumers and developers, this project highlights a viable model for achieving on-site energy independence, enhancing resilience, and utilizing sustainable battery solutions.
Topics
datacenteroemstorage