Battery Technology + Energy Storage
Commercializing proprietary battery management systems to reduce the cost and increase scalability of second life energy storage systems
Moment Energy is on a mission to repurpose all EV batteries for second-life use by 2030. The company creates sustainable and affordable energy storage systems by repurposing retired EV batteries. Their solutions help commercial and industrial (C&I) islanded microgrids and on-grid customers reduce diesel consumption and peak demand charges. Additionally, their solutions ease the transition to renewables and provide backup power for on-grid C&I customers.
With CICE funding, Moment is scaling the storage potential of its proprietary second-life energy storage system so C&I organizations can easily transition to cleaner energy solutions and reduce battery management system costs. For every MWh of energy storage deployed by Moment Energy, 1.68 tonnes of C0₂ emissions will be avoided.
- PROJECT STATUS
- PROJECT CATEGORY
- Battery + Energy Storage
- FUNDING RECIPIENT
- Moment Energy Inc.
- CICE FUNDING AMOUNT
- PROJECT VALUE