ORPC

ORPC

Renewable Energy Power Generation

Portland, Maine 5,540 followers

Proven renewable underwater power systems generating predictable, clean energy from free-flowing rivers & tides

About us

Combating climate change with proven and reliable underwater power systems that generate clean energy from free-flowing tides and rivers, ORPC improves people’s lives and their environment through sustainable energy solutions. A global leader in marine renewable energy (MRE) technology and project solutions, we are initially focused on solving the problem of high cost, environmentally-risky diesel power generation in remote islanded communities by harnessing the power of ocean and river currents to create clean predictable locally produced renewable energy. Worldwide we are the only company to have built, operated and delivered power to a utility grid from an MRE tidal project, and to a local microgrid from an MRE river project. ORPC is committed to working with local partners and creating local economic opportunities. In 2019, ORPC launched its commercial RivGen® Power System in Igiugig, Alaska, supplying energy to the remote community and setting record as the longest operating current energy converter device in the Americas. ORPC has installed a second RivGen device in Igiugig, along with smart grid technology and energy storage, with the goal of decreasing the community’s diesel fuel use by 60-90%. ORPC has developed a globally respected knowledge database of fisheries and marine life interaction with our power systems, and in over a decade, no known adverse impacts have been observed in either river or ocean environments. Our projects are carried out in full collaboration with local communities, universities, environmental agencies, fishing industry groups and other stakeholders. ORPC is pursuing strategic and financial partnerships that will allow us to expand our operations in North America, South America and Europe, and supply our commercial power systems and expertise worldwide where ocean and river energy resources exist.

Website
http://www.orpc.co
Industry
Renewable Energy Power Generation
Company size
11-50 employees
Headquarters
Portland, Maine
Type
Privately Held
Founded
2004
Specialties
River and tidal energy technology, Professional services and project solutions for marine renewable energy industry, Solutions for remote communities and industries, Marine hydrokinetic technology and projects, River and tidal power systems, Clean, predictable energy generation, Project development, Technology and power systems, Engineering, Sustainable energy, Environmental assessment & monitoring, Permitting & licensing of energy projects, Community relations & engagement, Distributed energy, Distributed generation, On-site generation, Project development in the U.S., including Alaska, Canada and Chile, Modular power systems, Harness energy from free flowing tides, rivers and ocean currents, Sustainable energy solutions, Fish and marine environment friendly systems, Marine renewable energy, and Marine energy

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Funding

ORPC 6 total rounds

Last Round

Private equity

US$ 20.0M

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