Vancouver, BC, Canada, August 14, 2024 — Moment Energy announced today that it has been selected as one of the 21 startups out of over 800 candidates from 74 countries that will participate in the Amazon Web Services (AWS) Clean Energy Accelerator 4.0 | Generative AI edition plus key clean energy focus areas, a high-pace, non-equity dilutive accelerator designed to support enterprise customers decarbonize at scale, through co-innovation with emerging clean energy and climate tech solutions by mature startups. The program is focused on helping accelerate net zero pathways and the deployment of clean energy solutions to meet the world’s growing energy needs.
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“We’re pleased to welcome Moment Energy into the Clean Energy Accelerator 4.0 as we work together to accelerate energy transitions through generative AI and grid modernization,” said Howard Gefen, General Manager of Energy and Utilities, AWS. “With focus areas spanning from sustainability, to clean energy, to alternative fuels, we’re excited for this collaboration in helping us reach our net zero goal.” 
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“We are excited to join the AWS Clean Energy Accelerator and work towards overcoming clean energy and decarbonization challenges,” said Moment Energy’s CEO, Edward Chiang. “Through this program we can help define and shape the future of clean energy innovation.”
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Primary focus areas of the AWS Clean Energy Accelerator 4.0 include: generative AI for clean energy; water tech acceleration; energy storage; grid modernization and security; and alternative fuels. Global energy organizations will commit to working with the cohort on advancing customer trials, pilots and partnerships to accelerate the adopting of clean energy solutions.  Amazon Operations Sustainability has joined the program as a piloting partner, looking for breakthrough solutions in low carbon building solutions, circular economy, fleet, and low carbon fuel technologies.
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“Moment Energy is excited to join the AWS Clean Energy Accelerator 4.0 to make clean energy more accessible on a global scale. As the only company in North America to have earned UL 1974 certification, Moment Energy is the safest and most reliable choice for testing and repurposing EV batteries, turning them into robust battery energy storage systems (BESS) for grid stability worldwide. We are committed to enabling all retired EV batteries to be repurposed by 2030 and leverage advanced machine learning in our Battery Management System (BMS) to ensure unparalleled safety and efficiency throughout the EV battery’s second life.” says Edward Chiang, CEO of Moment Energy.
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The AWS Clean Energy Accelerator 4.0, which was announced at COP28 and kicked off in March 2024, has selected its cohorts.  Throughout the year it will bring the participants and piloting partners into immersion sprints and workshops to dive deep into piloting opportunities in addition to events to showcase clean energy technology innovations, pilot progress and new use case developments to an audience of leaders in the energy space, industry experts, private and public sector and investors. 
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Learn more about the AWS Clean Energy Accelerator at: www.aws.amazon.com/energy/clean-energy-accelerator.

About Moment Energy

‍Moment Energy is North America's leading EV battery repurposing company creating clean, affordable, and reliable battery energy storage systems (BESS) by repurposing retired electric vehicle batteries. We work with major automotive companies, including Mercedes Benz Energy, to support circular economy goals and ensure their batteries are safely used in second-life applications before they are recycled. We help utilities, microgrids and commercial customers improve grid reliability, power EV charging stations and reduce demand charges, all with a sustainable and performant BESS solution made from repurposed EV batteries.

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