OCEAN RENEWABLE POWER CO INC
OCEAN RENEWABLE POWER CO INC is a climate tech company in Portland, United States, founded in 2016. It has raised $4.7M across 2 rounds, most recently a $3.6M Grant in October 2021.
ORPC – Marine Renewable Energy & Water Power Solutions | RivGen & TidGen Systems
- Headquarters
- Portland, Maine
- Employees
- 11–50
- Founded
- 2016
- Business Model
- B2G
- Website
- orpc.co
- Total Funding
- $4.7M
- Last Round
- $3.6M GrantOct 2021
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds for this company. The full record is or through the API.
About
Ocean Renewable Power Company (ORPC) is an American marine renewable energy company based in Portland, Maine, and a global leader in delivering clean, predictable power from free-flowing tidal and river currents. ORPC develops and deploys its proprietary TidGen and RivGen underwater turbine power systems, which use a cross-flow helix-shaped turbine design to generate grid-compatible electricity with zero carbon emissions. ORPC achieved a historic milestone in 2012 by delivering the first tidal energy ever transmitted to a utility-scale grid in the western hemisphere, at Cobscook Bay, Maine. The company's RivGen Power System has been providing renewable energy to remote Alaskan villages since 2014, and ORPC has expanded globally with subsidiaries in Canada, Ireland, and Chile. The company has received contracts from the Department of Energy, Shell, and Schneider Electric.
Summary
It lists 11–50 employees. It has raised $4.7M in total across 2 rounds, most recently a $3.6M Grant round in Oct 2021.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Oct 2021
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Funding: Grant. Amounts, valuations, and investors where available.
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