Coquitlam’s Moment Energy has successfully installed its latest offering, the Flora system, at the off-grid God’s Pocket Resort near Port Hardy, BC.
Moment Energy has been making waves in the energy storage industry with its second-life battery solutions since 2020, with five projects deployed across Canada and several more in the pipeline across North America.
Co-founded by four young and diverse entrepreneurs from British Columbia, Moment Energy creates sustainable energy storage systems by repurposing retired electric vehicle batteries. Their solution has been installed in off-grid areas to reduce diesel consumption and enables a transition to renewable energy.
The clean energy startup raised a $3.5 million seed round in 2021 led by Vancouver’s Version One Ventures.
The Flora system offers unparalleled flexibility, scalability, and cost savings, thanks to its previous life as an electric vehicle battery. The system can be easily adapted to meet any location’s energy needs, with the ability to be customized in 48 kWh increments.
The Flora system has a total charging capacity of 96 kWh at God’s Pocket. It reduces the resort’s diesel generator runtime by 75%, serving as the primary energy source for the off-grid microgrid. During the off-season, the system can power over ten buildings for four days reducing greenhouse gas emissions and energy costs while enhancing the resort’s guest experience.
“We are thrilled to see the Flora system successfully deployed at God’s Pocket as a fully commercial second-life energy storage solution,” said Gurmesh Sidhu, CPO of Moment Energy. “This is a great example of how our innovative energy storage system can provide reliable and affordable energy to off-grid locations and help contribute to the transition to a more sustainable future.”
Wow this is amazing!