My Blog

Redwood Materials Raises $350 Million To Boost Electric Grid Battery Business

Redwood Materials, the leading U.S. recycler of lithium-ion batteries and a growing supplier of materials for new ones, just raised $350 million to expand its ability to supply grid-scale energy storage systems as electricity demand, especially for AI data centers, surges.

Source: Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts