Coquitlam, BC – January 12, 2024 — Moment Energy Inc., a leading innovator in second-life battery energy storage systems (BESS), has been named on Cleantech Group’s 2024 Global Cleantech 100. This annual list, now in its 15th year, serves as a definitive guide to the top companies making significant contributions to sustainable innovation.
The Global Cleantech 100 is a comprehensive showcase of the most promising private companies in the cleantech ecosystem. The report introduces Moment Energy as an innovator with outstanding new technology and bold plans to provide worldwide access to clean, affordable, and reliable power.
“These innovative companies are driving positive change and are at the forefront of enabling the global transition to a more sustainable future,” said Richard Youngman, CEO, Cleantech Group. “The Global Cleantech 100 is a recognition of the market’s positive view on their progress to date and their potential impact in building a cleaner, decarbonized world.”
"In 2023, Moment Energy advanced in the EV battery repurposing sector and also set new industry benchmarks. Our pursuit of innovation led to the prestigious UL 1974 certification and fostered key partnerships with automotive OEMs. This journey, underscored by our commitment to providing worldwide access to clean, affordable, and reliable power, has positioned us as leaders in the field. We're honoured by the Global Cleantech 100's recognition, reflecting our dedication to a cleaner, more sustainable planet!" – Edward Chiang, co-founder and CEO, Moment Energy.
Key highlights of the 2024 Global Cleantech 100 include:
Diverse Industry Representation. While all industry groups were well-represented, Energy & Power remained the largest in terms of recorded deals and money invested, with 42 companies on the list.
Global Reach. This year’s list includes companies from 21 countries, showcasing the international collaboration and impact of cleantech solutions. The global nature of the list underscores the importance of all corners of the world addressing shared environmental challenges.
General Upward Trend Continues. In contrast to other investment themes, funding for climate solutions comes out of 2023 showing robustness and remains upwardly trending.
These featured companies will be recognized at the upcoming Cleantech Forum North America on January 22-24 in San Diego, CA. Forum participants will have the opportunity to connect with Edward Chiang, co-founder and CEO at Moment Energy and many of the companies on the list.
Download the Global Cleantech 100 complimentary report, where Cleantech Group shares further insights and perspectives on the state of global cleantech innovation.
About Moment Energy
Moment Energy is North America's leading EV battery repurposing company, creating clean, affordable, and reliable battery energy storage systems (BESS) by repurposing retired electric vehicle batteries. It works with major automotive companies, including Mercedes Benz Energy, to support circular economy goals and ensure their batteries are safely used in second-life applications before they are recycled. Moment Energy helps utilities, microgrids and commercial and industrial customers improve grid reliability, power EV charging stations and reduce demand charges, all with a sustainable and performant BESS solution made from repurposed EV batteries. As North America’s first and only company to have achieved UL 1974 certification for repurposing EV batteries, Moment Energy has developed one of the world’s most advanced second-life battery datasets and is developing AI management systems pursuing its vision to enable all EV batteries to be repurposed.
About Cleantech Group
Cleantech® Group is the leading authority on global cleantech innovation. Since 2002, our research has helped corporates, public sector, investors, and others, identify, assess, and engage with the innovative solutions and opportunities that are related to the world’s massive, and growing, environmental and climate challenges. Our insights and expertise are delivered to clients all over the world through our Research, Consulting, and Events.
Miguel is the Marketing Manager at Moment Energy. He brings a comprehensive knowledge in advertising and marketing in a B2B setting. He has worked in several small and medium sized companies worldwide.
Moment Energy Media Contact:
Marketing Manager, Moment Energy
Cleantech Group Media Contact:
Director of Marketing, Cleantech Group