Moment Energy to build battery repurposing facility in Vancouver

Moment Energy says it is building what it calls the world’s largest battery repurposing facility in Vancouver, B.C., as demand for energy storage continues to grow across North America.

The company said the facility is expected to be fully operational by the end of June 2026 and will expand its manufacturing capacity for energy storage systems used by data centres, industrial customers and utilities.

The announcement follows Moment Energy’s recent US$40-million Series B funding round, bringing its total capital raised to more than US$100 million.

“This is about building the infrastructure needed to support the next generation of energy demand,” said Edward Chiang, co-founder and CEO of Moment Energy. “We are proud to establish this facility in Canada, the country where Moment Energy was founded, to foster domestic manufacturing. This scaling solution utilizes existing battery resources to deliver the reliable, affordable power that is so crucial right now.”

The company said the facility will repurpose retired electric vehicle batteries into energy storage systems and is expected to reach a capacity of one gigawatt-hour by 2030 while creating more than 100 skilled jobs.

Moment Energy said the plant will operate as a vertically integrated facility handling battery intake, testing, integration and deployment, and will operate under UL 1974 certification standards.

The company said the project supports efforts to strengthen domestic energy infrastructure and reduce reliance on foreign battery supply chains.