Wind- and solar-powered energy sources are gaining popularity in Canada as the nation advances toward a Net Zero target by 2050. But these intermittent sources, on their own, are not consistent enough to reliably fuel entire power grids. One way to fill the fluctuating energy gap is through energy storage systems. “Energy storage is pivotal […]
Moment Energy
PacifiCan Helps Accelerate Expansion of Moment Energy’s Storage Solution with $5M
The federal government is investing in a clean energy innovator based out of British Columbia. Canada this week announced nearly $5 million for Coquitlam’s Moment Energy, which recycles retired electric vehicle batteries into battery energy storage systems. The funding, which hails from Pacific Economic Development Canada, is earmarked for Moment to expand production of modular […]
Cleantech Upstart Wants to Modernize the Energy Grid with Battery Storage Innovation
Wind- and solar-powered energy sources are gaining popularity in Canada as the nation advances toward a Net Zero target by 2050. But these intermittent sources, on their own, are not consistent enough to reliably fuel entire power grids. One way to fill the fluctuating energy gap is through energy storage systems. “Energy storage is pivotal […]
Three Canadian Climate CEOs on What It Really Takes to Scale
At Web Summit Vancouver, leaders from Moment Energy, CLIR Renewables, and Santevia shared candid insights on the hard road to growth. In a packed session at Web Summit Vancouver’s Climate Innovation Zone, three Canadian cleantech CEOs opened up about what it truly takes to scale a climate-focused company in today’s market. Hosted by Foresight Canada […]
Moment Energy’s Gigafactory Vision: Building the Future of Sustainable Storage
As the world races to decarbonize, energy storage is fast becoming a cornerstone of the clean energy transition—and Canadian startup Moment Energy is leading the charge with a bold new vision. The Vancouver-based company, co-founded by Sumreen Rattan, is building the world’s first gigafactory dedicated to repurposing retired electric vehicle batteries. In this exclusive interview, […]
Five Cleantechs from Across Canada Making an Early Splash in 2025
Pointing to a “noticeable decline compared to previous years,” Cleantech Group CEO Richard Youngman recently wondered whether Canada’s cleantech innovation pipeline has begun to lose momentum. “If so,” he said, “understanding the reasons behind this trend is critical.” Tyler Hamilton, senior director of climate at MaRS, posited this month that Canada’s diminished showing on the […]
Moment Energy Accelerates EV Battery Repurposing with $22M Boost
Vancouver-based cleantech company Moment Energy has announced the successful close of a $21.6 million Series A funding round, co-led by the Amazon Climate Pledge Fund and Voyager Ventures. This investment positions Moment Energy to accelerate its mission of transforming retired electric vehicle (EV) batteries into sustainable battery energy storage systems (BESS). Moment Energy’s BESS technology caters to […]
Clean Energy Milestone: Moment Energy Awarded $20.3M to Establish First U.S. EV Battery Repurposing Gigafactory
Vancouver’s Moment Energy has been awarded USD $20.3 million by the U.S. Department of Energy (DOE) to establish the first certified EV battery repurposing facility in the United States. The award to the leader in repurposing electric vehicle (EV) batteries is part of the Biden-Harris Administration’s $428 million initiative to bolster domestic clean energy manufacturing, particularly in […]