Redwood Materials receives conditional commitment for $2 billion loan from DOE

The U.S. Department of Energy (DOE) plays a crucial role in advancing the energy, environmental, and nuclear security of the United States. It invests in a wide range of energy technologies and infrastructure projects, including renewable energy, grid modernization, and nuclear energy.

Redwood Materials focuses on securing U.S. critical materials and powering America’s energy future. They design, integrate, and deploy large-scale energy storage systems and recycle end-of-life batteries to recover critical materials like lithium, nickel, cobalt, and copper.