Base Power raises another $1B to save the grid using backyard batteries:
Base Power’s $1 billion round will help the startup ramp production of its home ...
techcrunch.com/2026/08/03/base-power-raises-another-1b-to-save-the-grid-using-backyard-batteries/
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Main Topics
assembly of one or more electrochemical cells, used to provide devices with stored electrical energy
interconnected network for delivering electricity from suppliers to consumers
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Key FactsRedwood Materials Launches Energy Storage for AI Centers
Jun 27, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- Redwood Materials created Redwood Energy to repurpose retired EV batteries for commercial energy storage.
- The initial deployment supports Crusoe’s modular AI data center using a system of 805 reused batteries.
- This microgrid generates 12 MW and stores 63 MWh of solar energy to power the data facility.
- The company aims to reach 20 GWh of storage capacity by 2028, positioning itself as a leader in battery reuse.
We started really early, and in a way we started Redwood almost too early.— JB Straubel, co-founder and CEO of Redwood Materials, discussing the timing of the company's establishment.
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