- This tie-up will help to facilitate the proper disposal of KORE Power’s Mark 1 battery cells at their end-of-life
- Renewance will assist Kore Power in implementing environmentally responsible recycling processes
Energy storage solutions provider Kore Power has signed a Memorandum of Understanding (MoU) with Renewance to work on the execution of battery recycling projects for Kore Power batteries. The work will focus on batteries that have reached their end-of-life.
Lindsay Gorrill, CEO of Kore Power said, “This partnership with Renewance is a significant step towards enabling us to implement strong sustainability practices. We are determined to be an environmentally conscious company and to minimize the impact that the manufacture and use of industrial batteries can have on our environment.”
Mark 1 battery cells
This tie-up will help to facilitate the proper disposal of KORE Power’s Mark 1 battery cells at their end-of-life. It will also create an opportunity for used battery materials to be reused in new batteries. Renewance will assist Kore Power in implementing environmentally responsible recycling processes. This will lead to minimising Kore Power’s end-of-life liabilities.
Dave Mauer, vice president of sales and services, Renewance said, “Renewance is excited to partner with Kore Power on battery recycling projects. This alliance will enable Kore Power to deliver cost effective and environmentally friendly reuse and recycling solutions to their customers. Renewance brings a wealth of experience and expertise on industry best practices and regulatory considerations to all reverse supply chain projects. We are looking forward to working closely with Kore Power on this mutually beneficial partnership.”
Network of logistics, field service, and recycling partners
Renewance has also established a network of logistics, field service, and recycling partners. This can be utilised by Kore Power to transport and recycle lithium-ion batteries that have reached their end-of-life. Gorrill further added, “A significant driver of the immense demand for battery storage relates to people’s strong desire for green energy sources, such as wind and solar. We share that desire and want to feed that demand in the same spirit – by keeping the need for cleaner energy top of mind throughout the whole life cycle of industrial batteries.”
