Independent legal review confirms Moment Energy's non-PFE status and FEOC compliance, giving U.S. energy storage buyers certainty as federal requirements tighten
Company's U.S.-focused battery energy storage systems designed to meet increasingly stringent domestic sourcing requirements through 2030
AUSTIN, Texas — September 9, 2026 — Moment Energy today announced rigorous third-party verification of its non-Prohibited Foreign Entity (non-PFE) status and Foreign Entity of Concern (FEOC) compliance for its new battery energy storage system. The milestone helps U.S. customers protect access to valuable federal Investment Tax Credits as requirements around foreign-linked battery supply chains continue to tighten.
The review was conducted by a Top 10 U.S. law firm and included scrutiny of Moment Energy's corporate ownership, effective control and debt financing structure.
Moment Energy is the first second-life battery energy storage system provider with non-PFE status in North America to achieve full FEOC compliance backed by third-party legal review.
Its battery energy storage systems have been designed specifically for the U.S. market, giving site owners a clear path toward Investment Tax Credit eligibility under the new sourcing requirements.
The One Big Beautiful Bill Act significantly tightened FEOC and PFE requirements for companies seeking to qualify for federal Investment Tax Credits. The U.S. Treasury has since issued interim guidance through Notice 2026-15 to help taxpayers navigate the new rules, with further clarification expected as implementation continues.
The stakes for energy storage buyers are significant. Failure to comply can result in the loss of the Investment Tax Credit and expose projects to potential clawbacks during a 10-year recapture period, fundamentally changing project economics.
For taxpayers, that can translate directly into a significant cost advantage for compliant domestic energy storage projects while reducing exposure to foreign supply chain risk.
"With a 10-year recapture period hanging over a project, customers need to know they can trust both the technology and the company behind it," said James Brady, Vice President of Finance at Moment Energy. "Investment Tax Credit eligibility is fundamental to successful U.S. project economics. We've invested heavily in independent legal verification because buyers shouldn't have to take a manufacturer's word for it when so much capital is potentially at risk."
U.S. energy storage remains heavily dependent on foreign-linked battery supply chains, creating growing challenges for developers as domestic sourcing and FEOC requirements tighten. Moment Energy's use of reengineered second-life EV batteries already in North America reduces reliance on newly manufactured battery cells while creating a more domestic and resilient source of energy storage.
Moment Energy's battery energy storage system is integrated with FEOC-compliant power conversion systems, providing customers with a straightforward path toward a fully FEOC-compliant battery energy storage system. The company is designing its North American supply chain to meet increasingly stringent Material Assistance Cost Ratio requirements through 2030 under the rules as currently defined and is committed to adapting as those requirements continue to evolve.
"The rules around battery supply chains are becoming increasingly stringent, yet many BESS companies are failing to do the necessary FEOC due diligence. Customers shouldn't have to gamble valuable tax credits on whether their supplier is a Prohibited Foreign Entity (PFE) or if they've properly vetted their own product," said Edward Chiang, CEO and Co-Founder of Moment Energy. "We've built our supply chain around these requirements and subjected it to rigorous third-party legal scrutiny so our customers can move forward with absolute confidence in their Investment Tax Credit eligibility."
In response to the guidance initially published by the U.S. Treasury, Moment Energy submitted formal comments and met with Treasury officials, sharing industry perspectives on the implementation and future development of new FEOC and PFE requirements.
For developers and project owners seeking a deeper understanding of the new FEOC and PFE requirements, Moment Energy will host a dedicated webinar covering the latest Treasury guidance, supply chain considerations and practical steps for protecting Investment Tax Credit eligibility.
About Moment Energy
Moment Energy is the first and only company in the world building commercial-scale battery energy storage reengineered from second-life EV batteries, fully compliant to safety standards and deployable in the built environment today. Our systems power data centers, hospitals, factories, and microgrids across North America, manufactured in Texas and British Columbia. Moment Energy is backed by major investors like Amazon Climate Pledge Fund.
For more information, please visit www.momentenergy.com
For media inquiries, please contact momentenergy@sjspr.co
Claus Eckbo, Owner, God’s Pocket Resort
Off-Grid, Port Hardy, British Columbia
Moment Energy Flora BESS
66% reduction in diesel usage
PROBLEM
Preserving the "Rustic Feel"
God’s Pocket Resort stands as a world-renowned destination for cold-water diving and kayaking, nestled on a remote island accessible only by boat. For over 100 years, the area has served as a refuge for sailors and fishermen, and today the resort continues that tradition of sanctuary by offering adventurers a rustic, immersive experience far from the grid.
However, operating off-grid presented a loud and expensive problem. For years, the resort relied entirely on a traditional setup utilizing lead-acid battery banks and diesel generators.
"It’s the traditional way to set things up, but it poses many challenges with running larger machinery and having heavy energy demands."
Claus Eckbo, Owner of God’s Pocket Resort
The constant hum of generators distracted from the natural beauty guests came to see, and the logistics of transporting thousands of litres of diesel to a remote island proved both costly and risky. Claus required a solution capable of handling the resort’s heavy energy load, including the kitchen, dive compressors, and guest lodging, without compromising the environment he and visiting guests cherished.
SOLUTION
Designed to evolve.
Claus partnered with Moment Energy to install the Flora battery energy storage system, a repurposing-first energy storage solution designed to withstand the rigors of remote operation. Three years and 1,000 cycles later, the resort operates on a completely different rhythm. Since the initial installation, Claus has successfully upgraded the resort’s infrastructure by integrating a new solar array that feeds directly into the BESS. This solar upgrade allows the batteries to charge from the sun, further reducing dependency on the generator in keeping operations running.
"The impact on the environment is significantly lower, I started to realize how quiet the machinery is because we’re not having to run the generators at the same time."
Claus Eckbo, Owner of God’s Pocket Resort
The system has done more than maintain the status quo. It has enabled growth and proven itself as a reliable partner in the resort's evolution, integrating seamlessly as Claus continues to invest in elevating the immersive, natural experience guests value most.
SUPPORT
Built to last.
This summer, Moment Energy's team made the trip to God's Pocket to conduct routine maintenance on the battery system. Lauren Boers, Application Engineer, and Jarod Krane, Electrical Engineer, spent time on-site ensuring the system was operating to Moment Energy’s high performance standards and integrating smoothly with the resort's recent upgrades.
“The energy solution now, it completely changed the game, very impressed with Moment Energy and their entire team's commitment to ensuring that their solution is something that will last a very long time.”
Claus Eckbo, Owner of God’s Pocket Resort
This hands-on approach reflects Moment Energy's customer-first core philosophy and commitment to long-lasting, sustainable solutions. Each battery module in God’s Pocket once powered an electric vehicle and was given a second life through rigorous testing, certification, and engineering at Moment Energy’s facility. The result is a clean, reliable, and affordable system that supports Claus’s vision for the future of his resort.
"Being a local company, we have the opportunity to build these relationships and come out to client sites to provide the maintenance that keeps the batteries operating year after year, it's something we really pride ourselves in."
Lauren Boers, Applications Engineer at Moment Energy
As Moment Energy advances the next-generation of its Luna and Nova systems, with higher energy density and modular swappability, the team remains just as focused on supporting customers beyond, and even before, installation. Grounded in a mission to make clean energy attainable and affordable, Moment Energy helps facilities secure BC Hydro incentives, federal tax credits, and financing support that routinely reduce project costs to less than 10% of the total capital investment.
For Claus and operations like God’s Pocket, it means having a partner that is committed not only to innovative technology but also to the long-term success of the project.
FUTURE
Powering what comes next.
As God's Pocket Resort enters its next phase of operation, the Moment Energy system continues to function as the backbone of its infrastructure. The 1,000th cycle marks just the beginning of a long lifespan that Claus expects will serve the resort's evolving needs for years to come. For remote operations facing similar challenges, whether resorts, research stations, or industrial sites, and more, God's Pocket demonstrates that battery energy storage isn't just about reducing costs. It's about building resilient, adaptable energy systems that improve operations today while supporting growth tomorrow. And with over 1,000 cycles behind it, this system is just getting started.
