The Australian Government’s new “Cheaper Home Batteries Program” is already proving to be exceptionally popular ahead of its official 1st of July launch. Reports are emerging of a massive surge in demand for home battery storage solutions, with installation times for popular models like the Tesla Powerwall 3 reportedly now stretching out as far as November. This unprecedented demand appears to be a direct result of the new federal initiative, which will offer a significant rebate of up to...

Redwood Materials plans to repurpose EV batteries to build renewable-powered microgrids. Redwood Materials unveiled its first microgrid, at its headquarters in the Tahoe Reno Industrial Center.Courtesy Redwood Materials In a sandy industrial lot outside Reno, Nevada, rows of battery packs that once propelled electric vehicles are now powering a small AI data center. Redwood Materials, one of the US’s largest battery recycling companies, showed off this array of energy storage modules, sitting...

Redwood Materials is repurposing old EV batteries into energy storage systems that cost “substantially less” than brand new storage projects, the company said Thursday. The electric vehicle battery recycling and manufacturing venture, which was founded by Tesla’s former chief technologist, has created a new division called Redwood Energy to manage these projects. The aim is to divert “depreciated but functional” EV batteries from the recycling stream and repurpose them into “low-cost...

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jun 26, 2025, 7:00 PM CDT China dominates global hydropower storage. Pumped storage remains the world’s top long-duration storage technology. China’s Fengning station alone can deliver 40 GWh of power—dwarfing U.S. battery sites like Moss Landing, which has just 3 GWh capacity. Previously, we reported that the United States is witnessi...

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It’s a big day for Xiaomi and Redmi as the two brands announced a plethora of devices at their launch event in China. The Redmi K80 Ultra is the latest flagship killer offering in the series, armed with a Dimensity 9400+ chipset and a massive 7,410mAh battery with 100W charging. It is joined by the Redmi K Pad – a compact tablet entry with an 8.8-inch IPS LCD, Dimensity 9400+ chipset and a 7,500mAh battery. Redmi K80 Ultra Redmi K80 Ultra slots in between the Redmi K80 and the K80 Pro as a m...

Xiaomi capped off a huge event in China, where it announced a handful of new devices. One of the more interesting newcomers are the Xiaomi AI Glasses – the brand’s answer to the Ray-Ban Meta. We also got a new pair of open-back wireless earphones dubbed OpenWear Stereo Pro. Xiaomi AI Glasses Xiaomi’s latest glasses offer 2K (1440p) video recording at up to 30fps and rely on a screen-less interface that’s entirely voice-controlled. The right temple features an integrated touch control...

NIO’s Firefly Credit: NIO’s Official WeChat Account NIO said Tuesday its small electric vehicle model, the firefly, now starts at RMB 79,800 ($11,128) for customers who subscribe to a battery-leasing service with a monthly fee of RMB 399. The price is RMB 119,800 for customers who purchase the battery pack outright. New firefly buyers who place orders by the end of the month will also receive one free month of the Battery-as-a-Service (BaaS) program, provided they pay their bills eve...