Edward Chiang, co-founder and CEO of Moment Energy, has been named Fasken’s 2025 Climate Tech Founder of the Year, recognizing his role in advancing second-life EV battery innovation.
Presented at MaRS Discovery District’s Climate Impact Summit, the award highlights Canadian founders delivering scalable solutions to the climate crisis.
Chiang’s win reflects Moment Energy’s push to expand universal access to clean, reliable energy by repurposing retired electric vehicle batteries into commercial, industrial, and microgrid storage systems.
Since launching in 2019, Moment Energy has secured more than $60 million in combined equity and debt financing—including a Series A round co-led by the Amazon Climate Pledge Fund and Voyager Ventures, with participation from TD Innovation Partners—to scale production of its second-life battery technology.
A Simon Fraser University mechatronics engineering graduate and Forbes 30 Under 30 honoree, Chiang co-founded the company with three fellow engineers to cut diesel reliance in remote communities and strengthen the EV battery circular economy. Moment Energy is the first company in North America to earn UL 1974 certification for second-life batteries and has deployed 10 projects across EV charging, grid services, and defence applications.
“This award honours our team’s relentless drive to repurpose every retired EV battery by 2030, powering a cleaner, more resilient global energy future,” Chiang said.
Moment Energy’s roster of partners includes enterprise players such as Amazon and automakers including Mercedes-Benz.
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