Moment Energy

Moment Energy is building a new Surrey facility it says will become the world’s largest certified second-life battery repurposing site. Announced at Web Summit Vancouver, the project is expected to reach full operations by the end of June 2026 and scale to 1 GWh of capacity by 2030.

The facility will create more than 100 skilled jobs and support energy storage demand from data centres, utilities, and industrial customers. Moment repurposes retired electric vehicle batteries into commercial storage systems, extending material life while supporting power resiliency and domestic clean energy infrastructure.

Want to know more? Check out the source code on CleanEnergy.ca.

Vancouver cleantech firm Moment Energy has signed a memorandum of understanding with Simon Fraser University to support data centre energy needs and sustainability initiatives.

The partnership will explore deploying advanced battery storage to enhance power availability for research facilities, including a pilot at the Cedar Supercomputing Centre. Executive Gurmesh Sidhu cited clean energy potential, while Dugan O’Neil highlighted efficiency gains. Chief executive Edward Chiang said the company continues scaling globally following significant funding and talent additions.

Want to know more? Check out the source code on CleanEnergy.ca.

Vancouver-based Moment Energy secured $5 million in growth financing from TD Innovation Partners, reinforcing confidence in its leadership in EV battery repurposing and clean energy storage. The investment from TD Bank’s innovation arm highlights rising institutional backing for Canadian cleantech firms building essential infrastructure for the energy transition.

Moment plans to scale manufacturing of its UL 1974–certified Luna Battery Energy Storage System, expanding production to meet commercial, industrial, and utility demand. As North America’s only UL-certified EV battery repurposer, the company reduces waste, strengthens supply chains, and advances grid resilience.

Want to know more? Check out the source code on Techcouver.

The Government of Canada is investing nearly $5 million in Coquitlam’s Moment Energy to expand production of modular battery energy storage systems. Funded through Pacific Economic Development Canada’s Business Scale-up and Productivity program, the repayable support will help scale second-life systems made from retired electric vehicle batteries, which often retain up to 80% capacity.

CEO Edward Chiang said the funding accelerates national expansion and positions Canada as a clean energy leader. Founded in 2020 by Simon Fraser University graduates, Moment recently secured $21.6 million in Series A funding to establish the world’s first EV battery repurposing gigafactory.

Want to know more? Check out the source code on CleanEnergy.ca.

Vancouver-based Moment Energy is pioneering a global first: a gigafactory repurposing electric vehicle batteries for sustainable energy storage. Co-founded by Sumreen Rattan, the company addresses a looming gap between storage demand and battery supply, with retired EV batteries offering a circular, cost-effective solution.

Backed by US$15 million in Series A funding and a US$20.3 million U.S. Department of Energy award, the startup is expanding operations in Canada and the U.S. With pilot projects like Vancouver International Airport, Moment is reshaping how businesses stabilize grids, cut emissions, and save costs.

Want to know more? Check out the source code on CleanEnergy.ca.

Vancouver-based Moment Energy has secured USD $15 million in Series A funding, co-led by the Amazon Climate Pledge Fund and Voyager Ventures. The funds will accelerate the development of Moment’s battery energy storage systems (BESS) made from retired electric vehicle batteries.

Moment plans to build the world’s first EV battery repurposing gigafactory in the U.S., supported by a USD $20.3 million U.S. Department of Energy grant. CEO Edward Chiang highlighted the company’s role in enhancing grid stability and lithium security. Moment Energy’s affordable second-life batteries support renewable energy and circular economy goals.

Want to know more? Check out the source code on Techcouver.

Moment Energy has received a $20.3 million award from the U.S. Department of Energy to build North America’s first certified EV battery repurposing facility in Taylor, Texas. Part of a $428 million clean energy initiative, the Gigafactory will have a 1 GWh production capacity, adhering to UL 1974 certification standards.

Expected to create over 250 jobs, the project will begin in early 2025. Moment Energy CEO Edward Chiang emphasized the company’s goal of repurposing all retired EV batteries by 2030, aligning with global clean energy efforts.

Want to know more? Check out the source code on CleanEnergy.ca.