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The world’s largest EV battery repurposing facility, Megafactory 1, is on the prestigious annual list of technologies making an impact across the globe
VANCOUVER, BC – October 15, 2026 – Moment Energy’s Megafactory 1 has been named by TIME as one of the Best Inventions of 2026, in the Reuse and Recycle category. The Megafactory, which is the largest facility in the world dedicated to reengineering batteries from electric vehicles into stationary storage systems, came online in June 2026, just six weeks after it was announced.
Megafactory 1 produces gigawatt-hours (GWh) of battery energy storage systems (BESS) by 2030. The company is among the first in North America to earn UL 1974 certification for repurposing electric vehicle batteries, preventing them from reaching landfills and giving them a safe life in supporting critical grid infrastructure.
TIME’s Best Inventions is the second major recognition that Moment Energy has received this month. The company was recently recognized by MIT Technology Review as one of ten “Climate Tech Companies to Watch” for 2026. The Climate Tech Companies to Watch list is published annually by the newsroom and editorial staff of the publication to recognize achievement and growth of companies in energy and other historically emissions-intensive industries.
“This has been a defining year for Moment Energy, and recognition from TIME and MIT Technology Review reinforces the momentum we’ve built, driving the energy storage industry forward with safe, economical, made-in-North America batteries,” said Edward Chiang, CEO of Moment Energy. “These back-to-back recognitions are a testament to the outstanding hard work of the entire Moment Energy team, and I am pleased to say that our most significant impact is still to come soon.”
Moment Energy enters the fourth quarter of 2026 on a wave of momentum. The company announced the completion of its $40M Series B in May, and the opening of the Vancouver Megafactory 1 in June. Last month, the company announced that it had become independently verified as the first and only battery energy storage provider to achieve third-party verified non-PFE status and full FEOC Compliance, making its batteries eligible for the U.S. federal Investment Tax Credit in 2027.
About Moment Energy
Moment Energy is the first and only company in the world building commercial-scale battery energy storage systems reengineered from EV batteries, fully compliant to safety standards and deployable in the built environment today. Our systems power data centers, airports, 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
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.
