Edward Chiang, co-founder and CEO of Vancouver-based Moment Energy, has been named Fasken’s 2025 Climate Tech Founder of the Year, recognizing his leadership in advancing second-life EV battery innovation across North America.
Presented at MaRS Discovery District’s Climate Impact Summit, the award honours Canadian founders delivering scalable, market-ready solutions to the climate crisis.
Chiang’s recognition underscores Moment Energy’s mission to expand universal access to clean, reliable energy by repurposing retired electric vehicle batteries into commercial, industrial, and microgrid storage systems.
Since launching in 2019, Moment Energy has secured more than $60 million in equity and debt financing—including a Series A round co-led by the Amazon Climate Pledge Fund and Voyager Ventures, with support from TD Innovation Partners—to scale production of its UL 1974–certified second-life battery technology.
A Simon Fraser University mechatronics engineering graduate and Forbes 30 Under 30 honoree, Chiang co-founded the company with three fellow engineers to reduce diesel dependency in remote communities and strengthen the EV battery circular economy. Moment Energy became the first company in North America to earn UL 1974 certification for second-life batteries and has deployed 10 projects across EV charging, grid services, and defence applications.
“This award honours our team’s relentless drive to repurpose every retired EV battery by 2030, powering a cleaner, more resilient global energy future,” Chiang said.
Moment Energy counts major enterprise partners such as Amazon and several global automakers, including Mercedes-Benz.
The award follows last month’s announcement that Moment Energy secured $5 million in growth financing from TD Innovation Partners, signalling rising institutional backing for Canadian cleantech companies building the infrastructure required for the energy transition.