Common Motors and Redwood Supplies are becoming a member of forces to take EV battery tech past the street and onto the grid. The 2 corporations simply signed a non-binding memorandum of understanding that units the stage for turning each new and second-life GM batteries into vitality storage programs to assist the US’s rising electrical energy demand.
The collaboration goals to assist the grid sustain with the surge in power-hungry purposes, from AI knowledge facilities to electrified transport and trade.
“The marketplace for grid-scale batteries and backup energy isn’t simply increasing, it’s turning into important infrastructure,” mentioned Kurt Kelty, GM’s VP of batteries, propulsion, and sustainability. “Electrical energy demand is climbing, and it’s solely going to speed up… GM batteries can play an integral position.”
Redwood launched a brand new enterprise in June known as Redwood Vitality that repurposes each new and used EV battery packs into quick and cost-effective vitality storage programs. Immediately’s announcement permits Redwood to make use of second-life batteries from GM EVs and new GM battery modules to create US-built vitality storage programs.
This isn’t only a future plan – it’s already taking place. GM’s repurposed EV batteries are presently powering the most important second-life battery challenge on this planet. Situated in Sparks, Nevada, Redwood’s 12MW/63MWh set up can also be the biggest microgrid in North America and helps Crusoe, an AI infrastructure firm.
“Electrical energy demand is accelerating at an unprecedented tempo,” mentioned JB Straubel, Redwood’s founder and CEO. “Each GM’s second-life EV batteries and new batteries might be deployed in Redwood’s vitality storage programs, delivering quick, versatile energy options.”
And the timing couldn’t be higher. AI knowledge facilities alone are anticipated to triple their share of US electrical energy use, from 4.4% in 2023 to 12% by 2028. That’s driving the pressing want for scalable, home vitality storage.
GM and Redwood Supplies say they’ll share extra particulars on their plans later this 12 months.
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