Moment Energy is scaling its North American manufacturing footprint with a new Surrey facility that the company says will become the world’s largest battery repurposing facility.
The Vancouver-born clean technology company announced today that it is building the facility over the next six weeks, with completion and full operations expected by the end of June 2026.
Moment Energy Co-Founder and CEO Edward Chiang announced the news at Web Summit Vancouver, framing the project as a major step toward scaling domestic energy storage infrastructure as data centres, utilities, and industrial customers face growing pressure on power availability.
The move comes just weeks after Moment Energy closed a USD $40 million Series B financing round, bringing its total capital raised to more than USD $100 million. It also builds on the company’s recent momentum in Metro Vancouver, where Moment previously brought a UL 1974-certified battery repurposing facility to full-scale production in Coquitlam.
The new Surrey site is being designed to rapidly expand production of second-life battery energy storage systems for customers facing increasing pressure on power availability, including data centres, industrial operators, and utilities.
“We’re super excited to be scaling here in Greater Vancouver. This is where Moment Energy started. We started in half a garage in Surrey, B.C., and now we’re back in Surrey, B.C., scaling up a massive mega factory,” said Chiang.
Once complete, Moment says the Surrey facility will be the largest certified, non-FEOC second-life battery facility in the world. The site is expected to reach 1 GWh of capacity by 2030 and create more than 100 skilled jobs.
The facility will operate as a fully vertically integrated system, managing the entire process from battery intake and testing through to integration and deployment. Moment says it will also be one of the only facilities globally operating under UL 1974 certification, the safety standard for evaluating batteries for repurposing.
Moment Energy’s model is built around one of North America’s emerging energy resources: retired electric vehicle batteries. Rather than sending those batteries directly to recycling, the company repurposes them into commercial-scale battery energy storage systems that can support power resiliency, reduce peak demand pressure, and extend the useful life of critical materials.
With hundreds of gigawatt-hours of EV batteries expected to come offline in the coming decade, the company says second-life systems offer a faster and more affordable path to deploy energy storage than traditional battery manufacturing.
The Vancouver expansion also reinforces Moment Energy’s broader North American manufacturing strategy. In 2024, the company was awarded USD $20.3 million by the U.S. Department of Energy to establish a certified EV battery repurposing facility in Taylor, Texas. That facility was expected to have 1 GWh of annual production capacity and create more than 250 jobs.
Earlier this year, Moment raised a $21.6 million Series A round co-led by the Amazon Climate Pledge Fund and Voyager Ventures to accelerate its work turning retired EV batteries into battery energy storage systems. That round followed growing demand for storage from commercial and industrial customers and helped support the company’s plan to double the size of its Vancouver headquarters.
Moment partners with major automakers, including Mercedes-Benz Energy, to put retired EV batteries back to work before they are recycled. The company says its systems are already deployed across North America, powering data centres, hospitals, factories, and microgrids.
Founded in 2020, Moment Energy has quickly become one of Vancouver’s most closely watched climate technology companies, operating at the intersection of energy storage, critical minerals, domestic manufacturing, and AI-driven power demand.
With its new Surrey facility, the company is betting that the next phase of energy infrastructure will not only require new batteries, but a faster way to redeploy the ones already on the road.
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