
Moment Energy
Repurposing retired EV batteries.
Date | Investors | Amount | Round |
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- | investor investor investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
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investor | €0.0 | round | |
investor | €0.0 | round | |
* | $15.0m | Series A | |
Total Funding | 000k |
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Moment Energy is a pioneering North American company that specializes in repurposing electric vehicle (EV) batteries for energy storage. The company has distinguished itself as the first and only firm in North America to secure the UL 1974 certification, a standard that validates the safety and efficiency of repurposed batteries. This achievement underscores Moment Energy's commitment to sustainable energy storage innovation.
The company operates in the clean energy market, serving clients who are keen on adopting sustainable energy solutions. One of its notable projects includes the implementation of a groundbreaking battery energy-storage system at YVR airport. This system utilizes retired EV batteries to provide high-speed, sustainable charging solutions, marking a significant advancement in clean energy and sustainability.
Moment Energy's business model revolves around the concept of 'battery repurposing'. Instead of discarding used EV batteries, the company refurbishes them for use in energy storage systems. This approach not only minimizes greenhouse gas emissions but also offers an affordable solution to energy storage, as repurposed batteries come at a fraction of the cost of new ones.
The company generates revenue by selling these repurposed batteries to clients seeking sustainable and cost-effective energy storage solutions. Additionally, Moment Energy's cutting-edge discharge capabilities further enhance the value proposition for its clients.
In summary, Moment Energy is a trailblazer in the sustainable energy sector, leveraging innovative battery repurposing techniques to offer affordable and eco-friendly energy storage solutions.
Keywords: Moment Energy, UL 1974 Certified, Battery Repurposing, Sustainable Energy, Energy Storage, Electric Vehicle Batteries, Clean Energy Market, Greenhouse Gas Emissions, Affordable Energy Solutions, Cutting-edge Discharge Capabilities.