September 30, 2021: Power Global, a Californian provider of energy and mobility products, announced two new MOUs (memorandums of understanding) with stationary storage integrator PositivEnergy and battery recycling processor Redivivus.
“Despite the benefits lithium-ion batteries have over incumbent energy sources or lead-acid, there are key gaps in the supply chain — namely lifecycle and recycling — that are only now being addressed in the early markets in developed nations,” says Pankaj Dubey, CEO of Power Global’s India subsidiary.
“Our goal was to bake those aspects into our strategy from the beginning so that countries like India, which are now on the path to electrification, have a chance to leapfrog those challenges and advance quickly and more sustainably.”
The proposed partnership with PositivEnergy, a company that provides system design and service for commercial energy storage and EV charging infrastructure, aims to develop stationary storage solutions that support projected grid demand from electrification and enable the renewable energy transition in diverse global markets.
“Built upon our scalable battery technology, the stationary storage solution is expected to achieve an industry-leading 15-20 year product lifespan,” says Power Global. “The full solution will be integrated by PositivEnergy and backed by their bankable performance guarantee, PositivCare, reducing the barriers to entry for renewable energy adoption in all markets.”
Ed Wise, founder and CEO at PositivEnergy, said: “It’s the right time to think not just about how we accelerate electrification, but also how we do it sustainably. Power Global’s module is a major step forward and Redivivus is an important part of the sustainability solution.”
Once Power Global’s battery modules ultimately reach their end-of-life, new partner Redivivus will, claims Power Global, “cost effectively reclaim up to 92% of materials, while recirculating and reprocessing chemical reagents for direct reuse in the recycling process”.
“Current lithium-ion battery recycling processes require high-temperature melting-and-extraction or single-use chemical processes, generating a significant waste stream. Redivivus’ novel no-burn, hybrid process, Redi-Cycle technology recovers battery materials for secondary markets, reducing the reliance on metal mining.
“Redivivus will offer mobile ‘Redi-Shred’ recycling units for Power Global service and sales centres throughout India and build recycling lines at Power Global’s factories in Pasadena, California, and Greater Noida, India.”