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 […]
Moment Energy
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 […]