Rivian, Redwood Materials announce energy storage partnership
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- Rivian will deliver more than 100 second‑life EV battery packs to Redwood Materials for a 10 MWh storage system at its Normal, Illinois assembly plant.
- Redwood Materials’ newly created Redwood Energy unit will install the system to shave peak demand and lower utility expenses, using proven EV batteries for fast, low‑cost deployment.
- JB Straubel says the repurposing of domestic battery assets into dispatchable resources helps address the estimated 600 GWh of grid storage needed by 2030.
Why it matters: Rivian saves on electricity bills while Redwood Materials gains a new market for repurposed packs, deferring billions in grid upgrades and supporting AI data‑center growth before 2030.
