Redwood Materials has launched a new business — taking old EV batteries to store energy and help power businesses.

Nascent recently raised $2.3 million to develop its novel manufacturing process for cathode materials.

Redwood Materials has launched a new business — taking old EV batteries to store energy and help power businesses.

Redwood Materials plans to repurpose EV batteries to build renewable-powered microgrids.

Meta has been on a renewable buying spree in recent months.