VANCOUVER (Sept 9, 2020)
Moment Energy, a Canadian cleantech startup, secured a supply chain with Nissan North America earlier this month. This marks a key milestone for the company as they are the only Canadian company working with Nissan towards creating a circular economy for electric vehicle batteries. Through this supply chain, Moment Energy aims to reduce diesel consumption in remote communities and work with renewable energy providers to store clean energy.
While the demand for renewable energy such as wind and solar is increasing, there remains a gap for sufficient energy storage. Traditional storage can be expensive and involves the depletion of raw materials. Moment Energy fills this gap by re-purposing electric vehicle batteries for sustainable energy storage.
“We’re very excited to work with Nissan towards creating a more sustainable future.” said Sumreen Rattan, Co-Founder, Moment Energy. “This puts us on the road to not only efficiently deliver renewable energy to remote communities but also prevent these batteries from producing toxic waste in landfills. We at Moment Energy are delighted to be at the forefront of the development of clean technology.”
“Moment Energy is proving that second-life Nissan LEAF batteries can continue to have value outside of the vehicle.” said Mark Thorpe, Director Business Planning & Development Aftersales, Nissan North America. “As a global pioneer in electric vehicles, Nissan is dedicated to discovering and promoting new ways to use EVs to achieve a better future.”
Moment Energy is now engaging with battery manufacturers and renewable integrators to bring second life energy storage to market. They are also seeking partnerships for off-grid pilot projects. For more information or partnership opportunities please contact Sumreen at email@example.com.
About Moment Energy
Moment Energy is a Vancouver based startup that was founded to make energy storage more accessible. The founders, Sumreen Rattan, Gurmesh Sidhu, Gabriel Soares, and Edward Chiang met in the Mechatronic Systems Engineering Program at Simon Fraser University where they co-founded an electric race vehicle team, Team Phantom. They leveraged their passion for cleantech and entrepreneurship into the creation of Moment Energy.
To learn more about Moment Energy, visit their website at www.momentenergy.ca
1 – circular economy – an economy following the principles of reducing, reuse, repurpose, and then recycle