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Moment Energy

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uuid00004tm

Namestring
Moment Energy
Legal namestring
Moment Energy Inc.
Company typeenum
Private
Founded yearint
2019
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersCoquitlam, Canada
HQ citystring
Coquitlam
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
battery energy storage, second-life EV batteries, commercial energy storage, battery repurposing systems, stationary battery storage
Industry5 codes
1BESS EPC, Integration & Commissioning
CodeEUAFAAABPrimaryYes
2BESS Augmentation, Repowering & Life-Extension Services
CodeEUAFAAAKPrimaryNo
3Utility-Scale BESS EPC & Integration
CodeEUAEAEAAPrimaryNo
4BESS Operations, Maintenance & Asset Performance Management (APM)
CodeEUAFAAAGPrimaryNo
5Energy Storage Systems (BESS, Flywheels, Batteries)
CodeHDABAKACPrimaryNo
NAICS code1 code
  • Battery Manufacturing33591
Product category
Battery Energy Storage Systems
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Battery Energy Storage System (BESS) Hardware Sales
TypeHardware Sales
Description

Sale of Luna and Flora BESS products to commercial and industrial customers. Systems are manufactured in British Columbia using repurposed EV batteries. Customers include data centers, manufacturing facilities, public institutions, remote resorts, and utility companies. Revenue derived from equipment sale, installation, and commissioning.

momentenergy.com
2Project Financing and Leasing
TypeManaged Services
Description

Flexible commercial battery storage and leasing options allow customers to transform capital expenditure to operational expenditure. BC Hydro's Energy Storage Incentive program covers up to 80% of project costs, with federal Clean Technology Investment Tax Credit covering additional costs, enabling over 90% cost offset in year one.

momentenergy.com
3EV Battery Repurposing Services
TypeProfessional Services
Description

Services for automakers and fleet operators to repurpose their retired EV batteries. Benefits include unlocking revenue streams, reducing liability, extending battery lifespan by 10 years, and enabling circular economy. Certification services at UL 1974-certified facility.

momentenergy.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1Custom BESS solutions priced based on project scope, capacity requirements, and site-specific needs
ModelOtherBilling cadenceMulti-year contract
Notes

No public pricing available - each project is custom quoted based on kWh capacity needs, installation complexity, and financing structure selected. BC Hydro ESI covers up to 80% of costs, federal ITC covers additional portion.

momentenergy.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1Luna BESS
Description

Commercial-scale battery energy storage system (BESS) designed for grid-scale energy storage, backup power, and peak demand management for commercial and industrial facilities. First repurposed battery system globally to achieve UL 1973, UL 9540, and UL 9540A certifications.

momentenergy.com
+1 more record
Core offering1 text field

Moment Energy repurposes retired electric vehicle batteries (retaining 70-80% of original capacity) into commercial-scale battery energy storage systems (BESS). Its flagship Luna BESS provides instant backup power, demand charge reduction, EV fleet charging support, and grid resilience for commercial and industrial customers. The company also offers an earlier-generation Flora BESS for off-grid and remote applications, plus EV battery repurposing services for automakers and fleet operators.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 10 values shown
  • 60% less emissions than new lithium-ion BESS
+9 more records
Product overview1 text field

Moment Energy offers a portfolio of battery energy storage systems (BESS) built on a proprietary platform for repurposing retired electric vehicle batteries into commercial-scale energy storage. The core product line includes the Luna BESS (primary commercial/industrial offering with cloud monitoring and 30-year extended lifespan via pack-swapping architecture) and the Flora BESS (earlier generation focused on off-grid and remote applications). The company provides vertically integrated solutions from battery sourcing through system deployment, with systems deployed across data centers, hospitals, manufacturing, food & beverage, paper & forestry, public institutions, and transportation/logistics sectors.

Product and service3 records
1Luna BESS
CategoryBattery Energy Storage System
Description

Moment Energy's primary commercial-scale battery energy storage system providing instant backup power for commercial and industrial facilities during outages, reducing demand charges, and improving energy resilience. Uses repurposed EV batteries with proprietary pack-swapping architecture extending system lifespan to 30 years, with cloud-based 24/7 remote monitoring.

2Flora BESS
CategoryBattery Energy Storage System
Description

Earlier-generation battery energy storage system designed for off-grid and remote applications. Features include indoor-rated systems with intelligent energy management, diesel generator integration, and hybrid power setup optimization for microgrids. Used in deployments such as God's Pocket resort (66% diesel reduction) and Canadian Department of National Defence temporary camps.

3EV Battery Repurposing Services
CategoryBattery Lifecycle Services
Description

End-of-life battery management services for automakers and fleet operators with retired EV batteries. Benefits include unlocking revenue streams, reducing liability, extending battery lifespan by 10 years, and enabling circular economy. Certification services at UL 1974-certified facility with supply relationships with 20+ automakers including Nissan North America and Mercedes-Benz Energy.

Scale indicator15 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierStrategicTypeTechnology or IntegrationAnnounced on2026-04-21
Description

Collaboration on AccelaGrade project to cut second-life battery qualification times by up to 90% and assess battery state-of-health in under 30 minutes. Faster qualification workflow accelerates manufacturing capacity.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2026-03-17
Description

MoU for advanced energy storage at SFU data centers and R&D facilities including pilot project at Cedar Supercomputing Centre. Collaboration on clean-energy infrastructure, R&D for AI and quantum computing storage, and student workforce development.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-06-05
Description

Joint webinar and financing program partnership. BC Hydro's Energy Storage Incentive program covers up to 80% of project costs. Moment Energy is official BC Hydro listed product pre-approved for incentives.

Strategic tierStrategicTypeGTM or Marketing PartnerAnnounced on2024-08-14
Description

Selected for AWS Clean Energy Accelerator 4.0 - one of 21 startups from 800+ candidates. Non-equity dilutive program focused on generative AI for clean energy, grid modernization, and decarbonization. Co-innovation with AWS and global energy organizations.

Strategic tierStrategicTypeImplementation/ SI/ Consulting PartnerAnnounced on2024-06-01
Description

Deployed Flora BESS integrated with solar and wind for relocatable temporary camps under Canadian Department of National Defence. Partnership reduced diesel reliance by 33%.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2023-07-06
Description

Distribution agreement for battery energy storage systems in the Saskatchewan market.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2022-07-06
Description

Supply agreement for second-life EV batteries - first agreement Mercedes-Benz Energy has signed with a North American BESS provider. Gordon Gassmann, former CEO: 'Together with Moment Energy we will enable sustainable ESS-solutions for North America based on second-life batteries.'

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2020-11-09
Description

Supply chain relationship for retired EV batteries - only Canadian company working with Nissan towards creating circular economy for EV batteries. Mark Thorpe: 'Nissan is dedicated to discovering and promoting new ways to use EVs to achieve a better future.'

9Vancouver International Airport (YVR)
Strategic tierStrategicTypeImplementation/ SI/ Consulting Partner
Description

Deployed Luna BESS for EV fleet charging infrastructure. YVR President Tamara Vrooman: 'Flexible EV-charging capacity...represents tangible progress toward our net-zero goals.'

momentenergy.com
Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

B2U operates Sierra Storage, a large-scale battery energy storage system built from second-life EV batteries (notably Honda and Nissan modules) at its Lancaster, California facility. Closely mirrors Moment Energy's repurposing-into-stationary-BESS model, scale-up facility, and OEM-supply strategy, making it the most directly comparable peer in North America.

TypeDirect peer
Description

UK-based second-life battery storage specialist deploying repurposed Renault, Nissan and Mitsubishi EV packs at commercial and grid sites across Europe. Operates E-STOR systems analogous to Moment's Luna/Flora BESS lines, and competes for the same OEM-supply, UL/regulatory certification, and utility-scale second-life thesis that Moment is pursuing.

TypeEmerging player
Description

San Diego–based startup that sources, tests, certifies, and redeploys second-life EV batteries into stationary storage systems, with proprietary battery analytics. Highly comparable technology stack and use cases to Moment, though at an earlier commercial stage and without an equivalent UL 60730-1 certified BMS.

TypeEmerging player
Description

Battery state-of-health diagnostic and repurposing technology company focused on characterizing retired EV packs for second-life use. Comparable to Moment's AccelaGrade qualification partnership with Pulsenics, and serves the same second-life battery ecosystem, though ReJoule focuses on the diagnostic layer rather than full system integration.

TypeBroad incumbent
Description

Largest pure-play grid-scale battery storage integrator globally (Siemens/AES JV heritage), shipping multi-GW of new LFP-based BESS with its own stack and Fluence Mosaic OS. Competes with Moment for utility and C&I storage deals but relies on new batteries and does not operate a second-life repurposing platform.

TypeBroad incumbent
Description

Tesla Megapack is the volume leader in utility-scale lithium BESS, with vertically integrated cells, packs, PCS and software targeting exactly the data-center, utility, and C&I use cases Moment is pursuing. Tesla does not pursue second-life batteries commercially, but its scale, brand, and balance sheet set the competitive ceiling for storage pricing and project size.

TypeBroad incumbent
Description

U.S.-listed long-duration iron flow battery company (NYSE: GWH) targeting commercial, industrial, and utility storage markets — including AI data center demand. Competes with Moment for the same long-duration, domestically manufactured, sustainability-credentialed BESS RFPs, though using a different (iron-flow) chemistry.

TypeBroad incumbent
Description

AI-driven energy storage and smart energy management software provider serving commercial and industrial customers. Overlaps with Moment on C&I segment, demand-charge reduction, and data-center backup use cases, but Stem is a software/services-led integrator rather than a battery manufacturer or second-life specialist.

TypeRegional player
Description

UK-based second-life EV battery storage provider deploying repurposed Nissan and Renault packs in residential and small commercial applications. Highly comparable technology approach to Moment but focused on the UK market and smaller-scale behind-the-meter deployments, so it does not directly compete in North America.

TypeEmerging player
Description

Australia- and U.S.-based battery management technology company with proprietary cell-level control and second-life battery packs. Comparable on the BMS and second-life technology axes, but positioned as a controls/hardware platform supplier rather than a vertically integrated BESS OEM like Moment Energy.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds15 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors27 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Moment Energy

Battery Energy Storage Systemsmomentenergy.com

Moment Energy firmographics

Firmographics
Name
Moment Energy
Legal name
Moment Energy Inc.
Website
https://momentenergy.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Moment Energy industry classification

Industry
Product category
Battery Energy Storage Systems
NAICS
Battery Manufacturing (33591)
akta.pro primary industry
BESS EPC, Integration & Commissioning (EUAFAAAB)
akta.pro secondary industries
BESS Augmentation, Repowering & Life-Extension Services (EUAFAAAK), Utility-Scale BESS EPC & Integration (EUAEAEAA), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), Energy Storage Systems (BESS, Flywheels, Batteries) (HDABAKAC)

Keywords

  • Battery energy storage
  • Second-life EV batteries
  • Commercial energy storage
  • Battery repurposing systems
  • Stationary battery storage

Where Moment Energy is headquartered

Location

Headquarters

HQ city
Coquitlam
HQ country
Canada
HQ region
North America

Offices3 records

Markets served

Moment Energy business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Battery Energy Storage System (BESS) Hardware Sales: Sale of Luna and Flora BESS products to commercial and industrial customers. Systems are manufactured in British Columbia using repurposed EV batteries. Customers include data centers, manufacturing facilities, public institutions, remote resorts, and utility companies. Revenue derived from equipment sale, installation, and commissioning.
  2. Project Financing and Leasing: Flexible commercial battery storage and leasing options allow customers to transform capital expenditure to operational expenditure. BC Hydro's Energy Storage Incentive program covers up to 80% of project costs, with federal Clean Technology Investment Tax Credit covering additional costs, enabling over 90% cost offset in year one.
  3. EV Battery Repurposing Services: Services for automakers and fleet operators to repurpose their retired EV batteries. Benefits include unlocking revenue streams, reducing liability, extending battery lifespan by 10 years, and enabling circular economy. Certification services at UL 1974-certified facility.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom BESS solutions priced based on project scope, capacity requirements, and site-specific needs

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Moment Energy product offering

Product offering

Core offering

Moment Energy repurposes retired electric vehicle batteries (retaining 70-80% of original capacity) into commercial-scale battery energy storage systems (BESS). Its flagship Luna BESS provides instant backup power, demand charge reduction, EV fleet charging support, and grid resilience for commercial and industrial customers. The company also offers an earlier-generation Flora BESS for off-grid and remote applications, plus EV battery repurposing services for automakers and fleet operators.

Product overview

Moment Energy offers a portfolio of battery energy storage systems (BESS) built on a proprietary platform for repurposing retired electric vehicle batteries into commercial-scale energy storage. The core product line includes the Luna BESS (primary commercial/industrial offering with cloud monitoring and 30-year extended lifespan via pack-swapping architecture) and the Flora BESS (earlier generation focused on off-grid and remote applications). The company provides vertically integrated solutions from battery sourcing through system deployment, with systems deployed across data centers, hospitals, manufacturing, food & beverage, paper & forestry, public institutions, and transportation/logistics sectors.

Differentiator

Problem solved

Functional benefit

Brands

  • Luna BESS: Commercial-scale battery energy storage system (BESS) designed for grid-scale energy storage, backup power, and peak demand management for commercial and industrial facilities. First repurposed battery system globally to achieve UL 1973, UL 9540, and UL 9540A certifications.
  • Flora BESS

Products and services

  • Luna BESS Moment Energy's primary commercial-scale battery energy storage system providing instant backup power for commercial and industrial facilities during outages, reducing demand charges, and improving energy resilience. Uses repurposed EV batteries with proprietary pack-swapping architecture extending system lifespan to 30 years, with cloud-based 24/7 remote monitoring.
  • Flora BESS Earlier-generation battery energy storage system designed for off-grid and remote applications. Features include indoor-rated systems with intelligent energy management, diesel generator integration, and hybrid power setup optimization for microgrids. Used in deployments such as God's Pocket resort (66% diesel reduction) and Canadian Department of National Defence temporary camps.
  • EV Battery Repurposing Services End-of-life battery management services for automakers and fleet operators with retired EV batteries. Benefits include unlocking revenue streams, reducing liability, extending battery lifespan by 10 years, and enabling circular economy. Certification services at UL 1974-certified facility with supply relationships with 20+ automakers including Nissan North America and Mercedes-Benz Energy.

Quantifiable outcome

  • 60% less emissions than new lithium-ion BESS
  • +9 more outcomes

Companies that use Moment Energy

Customer profile

Named customers6 records

Segments8 records

Ideal customer profiles4 records

Moment Energy technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Moment Energy partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered strategic, core and minor.

  • Pulsenics Inc.strategicTechnology or Integration · 21 April 2026Collaboration on AccelaGrade project to cut second-life battery qualification times by up to 90% and assess battery state-of-health in under 30 minutes. Faster qualification workflow accelerates manufacturing capacity.
  • Simon Fraser University (SFU)strategicStrategic or Co-development Partner · 17 March 2026MoU for advanced energy storage at SFU data centers and R&D facilities including pilot project at Cedar Supercomputing Centre. Collaboration on clean-energy infrastructure, R&D for AI and quantum computing storage, and student workforce development.
  • BC HydrocoreStrategic or Co-development Partner · 5 June 2025Joint webinar and financing program partnership. BC Hydro's Energy Storage Incentive program covers up to 80% of project costs. Moment Energy is official BC Hydro listed product pre-approved for incentives.
  • Amazon Web Services (AWS)strategicGTM or Marketing Partner · 14 August 2024Selected for AWS Clean Energy Accelerator 4.0 - one of 21 startups from 800+ candidates. Non-equity dilutive program focused on generative AI for clean energy, grid modernization, and decarbonization. Co-innovation with AWS and global energy organizations.
  • TUGLIQ Energie Co.strategicImplementation/ SI/ Consulting Partner · 1 June 2024Deployed Flora BESS integrated with solar and wind for relocatable temporary camps under Canadian Department of National Defence. Partnership reduced diesel reliance by 33%.
  • Saskatchewan Renewable Energy SolutionsminorChannel Partner/ Reseller/ Distributor · 6 July 2023Distribution agreement for battery energy storage systems in the Saskatchewan market.
  • Mercedes-Benz EnergycoreTechnology or Integration · 6 July 2022Supply agreement for second-life EV batteries - first agreement Mercedes-Benz Energy has signed with a North American BESS provider. Gordon Gassmann, former CEO: 'Together with Moment Energy we will enable sustainable ESS-solutions for North America based on second-life batteries.'
  • Nissan North AmericacoreTechnology or Integration · 9 November 2020Supply chain relationship for retired EV batteries - only Canadian company working with Nissan towards creating circular economy for EV batteries. Mark Thorpe: 'Nissan is dedicated to discovering and promoting new ways to use EVs to achieve a better future.'
  • Vancouver International Airport (YVR)strategicImplementation/ SI/ Consulting PartnerDeployed Luna BESS for EV fleet charging infrastructure. YVR President Tamara Vrooman: 'Flexible EV-charging capacity...represents tangible progress toward our net-zero goals.'

Scale indicators15 records

Recent moves9 records

Expansion highlights7 records

Moment Energy competitors and assessment

Company assessment

Direct peers

  • B2U Storage Solutions: B2U operates Sierra Storage, a large-scale battery energy storage system built from second-life EV batteries (notably Honda and Nissan modules) at its Lancaster, California facility. Closely mirrors Moment Energy's repurposing-into-stationary-BESS model, scale-up facility, and OEM-supply strategy, making it the most directly comparable peer in North America.
  • Connected Energy: UK-based second-life battery storage specialist deploying repurposed Renault, Nissan and Mitsubishi EV packs at commercial and grid sites across Europe. Operates E-STOR systems analogous to Moment's Luna/Flora BESS lines, and competes for the same OEM-supply, UL/regulatory certification, and utility-scale second-life thesis that Moment is pursuing.

Emerging players

  • Smartville: San Diego–based startup that sources, tests, certifies, and redeploys second-life EV batteries into stationary storage systems, with proprietary battery analytics. Highly comparable technology stack and use cases to Moment, though at an earlier commercial stage and without an equivalent UL 60730-1 certified BMS.
  • ReJoule: Battery state-of-health diagnostic and repurposing technology company focused on characterizing retired EV packs for second-life use. Comparable to Moment's AccelaGrade qualification partnership with Pulsenics, and serves the same second-life battery ecosystem, though ReJoule focuses on the diagnostic layer rather than full system integration.
  • Relectrify: Australia- and U.S.-based battery management technology company with proprietary cell-level control and second-life battery packs. Comparable on the BMS and second-life technology axes, but positioned as a controls/hardware platform supplier rather than a vertically integrated BESS OEM like Moment Energy.

Broad incumbents

  • Fluence Energy: Largest pure-play grid-scale battery storage integrator globally (Siemens/AES JV heritage), shipping multi-GW of new LFP-based BESS with its own stack and Fluence Mosaic OS. Competes with Moment for utility and C&I storage deals but relies on new batteries and does not operate a second-life repurposing platform.
  • Tesla (Megapack / Energy): Tesla Megapack is the volume leader in utility-scale lithium BESS, with vertically integrated cells, packs, PCS and software targeting exactly the data-center, utility, and C&I use cases Moment is pursuing. Tesla does not pursue second-life batteries commercially, but its scale, brand, and balance sheet set the competitive ceiling for storage pricing and project size.
  • ESS Inc. U.S.-listed long-duration iron flow battery company (NYSE: GWH) targeting commercial, industrial, and utility storage markets — including AI data center demand. Competes with Moment for the same long-duration, domestically manufactured, sustainability-credentialed BESS RFPs, though using a different (iron-flow) chemistry.
  • Stem Inc. AI-driven energy storage and smart energy management software provider serving commercial and industrial customers. Overlaps with Moment on C&I segment, demand-charge reduction, and data-center backup use cases, but Stem is a software/services-led integrator rather than a battery manufacturer or second-life specialist.

Regional players

  • Powervault: UK-based second-life EV battery storage provider deploying repurposed Nissan and Renault packs in residential and small commercial applications. Highly comparable technology approach to Moment but focused on the UK market and smaller-scale behind-the-meter deployments, so it does not directly compete in North America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Moment Energy social profiles

Digital presence

Moment Energy compliance and trust

Trust signal

Compliance5 records

Moment Energy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Moment Energy leadership team

Management profile

Number of profiles

Profiles6 records

Moment Energy funding detail

Funding detail

Funding overview

Funding rounds15 records

Investors27 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Moment Energy M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moment Energy

What does Moment Energy do?

Moment Energy repurposes retired electric vehicle batteries (retaining 70-80% of original capacity) into commercial-scale battery energy storage systems (BESS). Its flagship Luna BESS provides instant backup power, demand charge reduction, EV fleet charging support, and grid resilience for commercial and industrial customers. The company also offers an earlier-generation Flora BESS for off-grid and remote applications, plus EV battery repurposing services for automakers and fleet operators.

Is Moment Energy a public or private company?

Moment Energy is a private company. It is classified as venture growth investor backed and is currently operating.

When was Moment Energy founded?

Moment Energy was founded in 2019. It employs 101 to 250 people.

Where is Moment Energy based?

Moment Energy is headquartered in Coquitlam, Canada, in the North America region.

How does Moment Energy make money?

Three revenue lines are on record. Battery Energy Storage System (BESS) Hardware Sales are the primary driver. The others are project Financing and Leasing and EV Battery Repurposing Services.

Who are Moment Energy's main competitors?

Direct peers on record are B2U Storage Solutions and Connected Energy. Emerging players are Smartville, ReJoule and Relectrify. Broad incumbents are Fluence Energy, Tesla (Megapack / Energy), ESS Inc. and Stem Inc.. Powervault is listed as a regional player.

Does Moment Energy have an API?

No public API is recorded for Moment Energy.

What industry is Moment Energy in?

Moment Energy's product category is Battery Energy Storage Systems. Its primary akta.pro industry code is EUAFAAAB, BESS EPC, Integration & Commissioning, with a secondary code of EUAFAAAK, BESS Augmentation, Repowering & Life-Extension Services. Its NAICS code is 33591.

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Live signals
MIT Technology ReviewMoment Energy and its shipping containers packed with old EV batteriesMoment Energy repurposes used EV batteries into grid-connected storage systems, aiming to bypass China's battery supply chain. The company has deployed 11 systems and plans to process one gigawatt-hour annually at its Vancouver Megafactory. It sources batteries from about 20 car companies and faces competition from cheaper new batteries.TechcouverMoment Energy Wants Retired EV Batteries to Power the AI BoomMoment Energy's co-founder Gurmesh Sidhu said retired EV batteries could power AI data centers, citing 4,900 GWh of capacity. The company raised $40M in Series B funding and opened a repurposing facility in Surrey, targeting 1 GWh annual capacity by 2030.Third NewsMoment Energy Achieves Milestone as First BESS Provider with Verified Compliance in the U.S.Moment Energy became the first BESS provider in North America to secure third-party verification of its non-PFE status and full FEOC compliance. The verification, done by a top U.S. law firm, ensures customers can access federal Investment Tax Credits. The company plans webinars on the new FEOC and PFE requirements.PR NewswireMoment Energy Becomes First BESS Provider to Achieve Third-Party Verified non-PFE status, full FEOC ComplianceMoment Energy announced third-party legal verification of its non-PFE status and full FEOC compliance for its battery energy storage systems. The review, by a top U.S. law firm, confirms the company's corporate ownership, control, and debt structure, helping U.S. buyers secure Investment Tax Credit eligibility. The company is designing its North American supply chain to meet Material Assistance Cost Ratio requirements through 2030.BatteryTechRetired EV batteries power industrial sitesRivian and Redwood Materials deployed over 100 retired EV battery packs into a 10 MWh energy storage system at Rivian's Normal, Illinois plant. Moment Energy became the first to achieve UL 60730-1 functional safety certification for a BMS for repurposed EV batteries, aiming to remove permitting and insurance obstacles. The company expects to produce 1 GWh of battery storage systems by 2030.The Times of IndiaIn 2020, four engineers started Moment Energy in a British Columbia garage; 6 years later, their new plant is repurposing retired EV batteries for data centres and hospitalsMoment Energy, founded in 2020 by Simon Fraser University graduates, opened Megafactory 1 in the Vancouver region, a plant that repurposes retired electric vehicle batteries into modular energy storage systems. The company raised over $100 million, including a $40 million Series B and $4.9 million from Pacific Economic Development Canada, and targets 1 gigawatt-hour of annual capacity by 2030. It is also developing a gigafactory in Taylor, Texas.WebProNewsEV Batteries Refuse to Die: How Repurposed Packs Are Powering Data Centers, Factories and GridsCompanies including Redwood Materials, Moment Energy and B2U Storage Solutions are deploying repurposed EV batteries in data centers, factories and grid storage, with Redwood's 63-megawatt-hour system in Nevada hitting 99.2 percent availability. The World Resources Institute projects over 300 gigawatt-hours of retired batteries worldwide by 2035, mostly from China.GeekWireNot dead yet: The race to give spent EV batteries a second life on the grid and beyondA group of battery entrepreneurs, including British Columbia's Moment Energy and Nevada-based Redwood Materials, are repurposing used EV batteries for off-grid communities, industrial sites and data centers. Redwood now reuses 95% of batteries it receives, while Moment's Luna system delivers up to 1 megawatt-hour. The sector faces fire concerns, recycling capacity overbuild and recycled-content mandates.ZME ScienceMillions of Old EV Batteries Could Get a Second Life Helping Power The GridCompanies are increasingly repurposing retired EV batteries for grid energy storage, combining environmental and economic benefits as millions of aging batteries approach retirement. Developers like B2U Storage Solutions, Redwood Materials, and Moment Energy have launched second-life battery projects, with Redwood Materials using approximately 100 General Motors batteries to provide 1.5 megawatts to a GM plant in Michigan. The U.S. Energy Information Administration projects developers will add 24 gigawatts of utility-scale battery storage in 2026, though second-life batteries face challenges from proprietary battery data held by automakers and declining prices for new stationary storage packs.Electrek‘World’s largest’ second-life EV battery factory opens in just six weeksMoment Energy has opened what it claims is the world’s largest second-life EV battery factory in Vancouver, BC, repurposing retired electric vehicle batteries into commercial-scale energy storage systems for data centers, hospitals, and critical infrastructure. The facility, which took just six weeks from announcement to operation, is expected to produce 1 gigawatt-hour of battery storage annually by 2030 and create over 100 direct jobs and more than 1,000 indirect jobs in British Columbia. The company, backed by a CA$4.9 million government investment and a US$40 million Series B funding round, aims to address growing energy storage demand while giving retired EV batteries a second life before recycling.