A new battery energy-storage system (BESS), developed by Coquitlam-based Moment Energy, will soon provide reliable, high-speed charging capacity for the public and fleet vehicles at the Vancouver International Airport (YVR).
Through B.C.’s Integrated Marketplace, Moment Energy’s solution promises efficient charging and contributes to a sustainable energy ecosystem, positioning British Columbia at the forefront of a clean-energy economy.
“Providing platforms for B.C. technology companies to develop and operationalize new innovations that address real-life business challenges in a real-world environment is helping secure our province as a low-carbon leader,” said Brenda Bailey, B.C.’s Minister of Jobs, Economic Development and Innovation.
“This will open doors for more B.C. companies to prove their technologies and commercialize, sell and export new products and services, while creating more jobs for British Columbians.”
Moment Energy will create its BESS by repurposing retired electric-vehicle (EV) batteries sourced from their approved vendors.
The product allows for the efficient storage of energy, which can then be used to fast charge crucial YVR fleet vehicles, especially in areas lacking electrical infrastructure or experiencing excessive peak-demand loads.
“The Integrated Marketplace will enable Moment Energy to showcase the reliability of our Flora BESS in supporting an international airports EV fleet and in modernizing the electricity grid, propelling us toward a net-zero future,” said Gurmesh Sidhu, co-founder and chief product officer, Moment Energy.
“This will accelerate our momentum and establish a positive track record, strengthening our client base and unlocking opportunities to demonstrate how our system can drastically reduce utility costs for businesses and support a shift towards clean, dependable energy solutions.”
This announcement is part of the Government of B.C.’s investment of as much as $11.5 million and the Government of Canadas investment, through PacifiCan, of as much as $9.9 million in the Integrated Marketplace.
The Integrated Marketplace is helping YVR electrify its operations, meet its net-zero commitment and become the worlds greenest airport.
The Integrated Marketplace links a group of strategic buyers with B.C. companies to implement, scale up and export B.C. technology solutions.
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