Ocean Renewable Power Company
Ocean Renewable Power Company (ORPC) develops marine renewable energy technology that generates predictable, affordable electricity from free-flowing river and tidal currents. The company's proprietary RivGen Power System strengthens grid reliability and has set the record as the longest operating marine energy project in the Americas. ORPC's solutions offer baseload power with minimal land impact, no viewshed…
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About
Ocean Renewable Power Company (ORPC) develops marine renewable energy technology that generates predictable, affordable electricity from free-flowing river and tidal currents. The company's proprietary RivGen Power System strengthens grid reliability and has set the record as the longest operating marine energy project in the Americas. ORPC's solutions offer baseload power with minimal land impact, no viewshed impact, coexistence with marine life, and no impedance to navigation. Headquartered in Portland, Maine with subsidiaries in Canada, Ireland, and Chile, ORPC is a recognized leader in marine energy technology innovation. Founded in 2004, the company has raised approximately $40.7M in Series C funding. ORPC differentiates itself through its USA-designed, built, tested, and proven technology that provides communities and industrial users on waterways with dependable, locally-generated power for diversified grids, with deployments strengthening grid performance and enabling long-term carbon reduction.
Business model
Renewable Energy Tech > Marine Energy > Wave > Power Generation > Seafloor Mounted,
Energy Storage Tech > Energy Harvesting > Motion
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