VANCOUVER, BC – June 23, 2026 – Moment Energy today officially opened Megafactory 1, the world's largest EV battery repurposing facility in the world, bringing domestic battery energy storage manufacturing capacity online just six weeks after announcing the project.
The now operational facility transforms retired EV batteries into cost-effective, rapidly deployable energy storage systems that support critical infrastructure, including data centres, hospitals, factories and microgrids.
The Megafactory opening was marked with a ribbon-cutting ceremony attended by customers, partners, investors, leaders from government, industry and academia, including the Honourable Randeep Sarai, Member of Parliament for Surrey Centre and Secretary of State (International Development); Ravi Kahlon, British Columbia's Minister of Jobs and Economic Growth; and Dilson Rassier, Acting President of Simon Fraser University.
The facility comes online as demand for electricity continues to surge, driven by AI, data centres, electrification and grid modernization. At the same time, millions of EV batteries already on North American roads are expected to be retired over the coming years. Moment Energy addresses both challenges by turning retired batteries into highly scalable energy storage systems that offer an immediate solution to energy shortages.
The facility is expected to produce 1 GWh of battery energy storage systems by 2030, creating more than 100 direct jobs and supporting more than 1,000 indirect jobs across British Columbia.
"We announced this project six weeks ago. Today it's operational," said Edward Chiang, Co-Founder and CEO of Moment Energy. "Demand for energy storage is accelerating, and so is the supply of retired EV batteries. We show that the right technology can enable North America to re-onshore domestic manufacturing in weeks, not decades, creating thousands of jobs and economic prosperity."
Since its founding in Vancouver in 2020, Moment Energy has benefited from both private and government support across British Columbia's innovation ecosystem, helping the company scale from a university-born startup into a global leader in second-life battery energy storage.
"This is exactly the kind of homegrown innovation we want to see scaling up in British Columbia,” said the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada (PacifiCan). “With PacifiCan’s $4.9 million investment, Moment Energy is expanding clean manufacturing, creating good local jobs, and finding smart solutions to global challenges. This new facility is not only powering a more sustainable future, it is helping to build a stronger, more resilient economy for British Columbians and all Canadians.”
“Moment Energy was one of NorthX’s first investments. We backed them early, while they were still building out their core technology, and we’ve been proud to invest three times in their growth. Today, four founders who started in half a garage in Surrey are opening a megafactory with a team of over 80 people, creating great careers, giving batteries a second life, and proving that with the right support, climate technology can be built and scaled from British Columbia.” Sarah Goodman, President & CEO, NorthX Climate Tech
The completion of Moment Energy’s Megafactory follows the company’s recent US$40 million Series B financing, which brought its total funding raised to more than US$100 million. It also follows the company achieving the world's first product safety and functional safety certification for a battery management system designed specifically for second-life EV battery applications.
About Moment Energy
Moment Energy is the first and only company building commercial-scale battery energy storage from second-life EV batteries — fully certified across the UL safety stack and deployed in the field today. Our systems power data centers, hospitals, factories, and microgrids across North America, sourced from batteries already on the continent's roads, manufactured in Texas and British Columbia. Moment partners with major automakers, including Mercedes-Benz Energy, to put retired EV batteries back to work before they're recycled.
For more information, please visit https://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.
