ORPC’s cover photo
ORPC

ORPC

Hydroelectric Power Generation

Portland, Maine 5,873 followers

Proven, reliable underwater power systems that generate economical energy from free-flowing rivers & tides

About us

Proven and reliable underwater power systems that generate energy from free-flowing tides and rivers, ORPC improves people’s lives and their environment through sustainable energy solutions. A global leader in marine energy technology and project solutions, we are initially focused on solving the problem of high cost diesel power generation in remote islanded communities by harnessing the power of ocean and river currents to create predictable, locally produced and reliable energy. Worldwide we are the only company to have built, operated and delivered power to a utility grid from a tidal energy project, and to a local microgrid from a river power 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 a 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
Hydroelectric Power Generation
Company size
11-50 employees
Headquarters
Portland, Maine
Type
Privately Held
Founded
2004
Specialties
River and tidal energy technology, Solutions for remote communities and industries, Marine hydrokinetic technology and projects, River and tidal power systems, Project development, Technology and power systems, Engineering, Environmental assessment & monitoring, 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, Marine energy, Permitting, Licensing, and On & off-grid power

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Funding

ORPC 6 total rounds

Last Round

Private equity

US$ 20.0M

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