PVTIME – Canadian clean technology firm Moment Energy has announced plans to build a large-scale facility for the reuse of retired EV batteries in Vancouver, British Columbia. Due to start operating in June 2026, the plant will convert retired EV batteries into energy storage systems, with an expected annual capacity of 1GWh by 2030. Upon completion, it will become the world’s largest certified, non-FEOC-compliant second-life battery facility.
Picture: Moment Energy
Moment Energy has stated that the plant will address the growing shortage of energy storage for utilities, industrial users, and data centres, while supporting North America’s domestic energy supply network. As a fully vertically integrated facility, it will oversee every stage of the process, from battery receipt and testing to integration and deployment.
By repurposing retired EV batteries into BESS, the company will offer a cheaper and faster alternative to deploying new batteries. Moment Energy’s management team believes that second-life battery systems provide a scalable solution to short-term storage gaps, with hundreds of GWh of batteries set to be retired over the next decade.
Backed by the Amazon Climate Pledge Fund, Voyager Ventures, In-Q-Tel and Evok Innovations, the plant will be operated in accordance with UL 1974 certification standards and will maintain a fully local North American battery supply chain in order to reduce reliance on imports. The plant is expected to create over 100 technical jobs, with on-site construction set to finish within six weeks.
This announcement follows the recent completion of a $40 million Series B funding round led by Evok Innovations, which has pushed Moment Energy’s total funding above $100 million. Co-founder and CEO Edward Chiang stated that establishing the facility in the company’s Canadian home base will meet next-generation energy needs and drive domestic manufacturing growth.
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