energy storage Archives - Power Initiatives

Moment Energy’s Canadian EV battery repurposing hub opens

By Tim RileyPosted on July 4, 2025Posted in bess, Canada, decarbonisation, electric vehicles, energy storage, moment energy, News, North America, Technology

Battery energy storage system (BESS) firm Moment Energy has reached full production at its new manufacturing hub in Vancouver, Canada, which repurposes second-life EV batteries into BESS units. The annual production capacity of the new Vancouver facility has not been disclosed, but Moment Energy has stated that it aims to meet 5.6GWh of demand across […]

Redwood launches second-life EV battery energy storage, partnership for AI data centre microgrid

By Tim RileyPosted on June 30, 2025Posted in battery recycling, business, electric vehicles, energy storage, EV batteries, News, redwood energy, redwood materials, second life ev

Ex-Tesla CTO’s battery recycling and materials company Redwood Materials has launched a new business unit to repurpose second-life EV batteries for energy storage. Redwood Materials, launched by former Tesla CTO JB Straubel, through its new offering, Redwood Energy, has entered into a strategic partnership with Crusoe, a vertically-integrated AI infrastructure provider, to develop a microgrid […]