Moment Energy, a world leader in second-life energy storage, is proud to announce the successful installation of its latest offering, the Flora system.

Clean energy startup Moment Energy has established a supply agreement with Mercedes-Benz Energy (MBE) for second-life electric vehicle batteries.

One of 40 cleantech startups selected globally, Moment Energy will present its second-life energy storage systems to potential investors and other cleantech industry stakeholders.

The investment round was led by Version One Ventures with participation from Fika Ventures, Garage Capital and MCJ Collective.

Non-profit New Ventures encourages entrepreneurship and innovation in British Columbia’s start-up technology sector.

The 10-week program consists of pitches and training sessions empowering emerging impact investors and purpose-driven ventures.

Through this supply chain, Moment Energy aims to reduce diesel consumption in remote communities and work with renewable energy providers to store clean energy.