JB Straubel, who helped launch Tesla and served as its tech chief until 2019, founded Redwood Materials in 2017 to recycle batteries and build a closed-loop supply chain for EVs. But as Redwood started receiving more EV batteries, the startup noticed that most still had usable capacity. Rather than recycle those batteries, Redwood is now repurposing them for microgrid projects that could provide cheap energy storage for new and existing data centers...
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