Companies in the Tidal power industry

French multinational conglomerate which holds interests in the power generation and transport markets

BioPower Systems Pty Ltd (BPS) is a renewable energy company founded in 2006 and based in Sydney, Australia. BPS supplies products that harness wave, tidal and wind energy.

Ocean Renewable Power Company is a company founded in 2004.

Lucid Energy is based in Portland, Oregon in the United States. They specialize in harvesting power from moving water in industrial, agricultural, and municipal settings. The key to the technology is that it generates electricity from sources that would otherwise be lost. In other words, it is an energy recycling system. The net result is installations reduce overall energy requirements.

Voith is an Heidenheim an der Brenz-based company founded in 1867.

Orbital Marine Power is a tidal energy turbine technology developer founded in 2002 by Barry Johnston.

Lunar Energy is headquartered in the United Kingdom and specializes in what it calls Tidal In-Stream Energy Conversion or TISEC. The turbines themselves are actually developed by Rotech Engineering.

Verdant Power was established in New York City in 2000 to produce technology for the marine renewable energy industry. The company produces simple, modular underwater turbines that use water currents in rivers and the ocean to generate electricity. The focus of the technology is on simple, modular installations and sites that already environmentally challenged have been targeted for early deployment so as to mitigate any hypothetical effects while full impact of the turbines is still being studied.

Bluewater Energy Services is a company specialising in the construction and operation of Floating Production Storage and Offloading systems and Single Point Mooring systems.

Marine Current Turbines is a Bristol-based company founded in 2000.

The company is based in Norway and brings to market a technology to extract kinetic energy from slow- moving currents, by combining the ancient principles of ocean sailing with state-of-the art alpine ropeway technology, to generate low-cost electricity.

OceanFlow Energy is a UK-based company that has developed a tidal power system known as the Evopod. What makes the Evopod unique is that it can be use in any water current setting including rivers and combined tide/wave settings.

Tidal lagoons, like their forerunners tidal mills, produce energy by creating an artificial impoundment and exploiting the difference in water levels between the external tide range and the basin level i.e. the head difference.

New Energy Corporation Inc. (NECI) offers complete water-to-wire solutions for both stand-alone and grid-connected power generation applications, including right-sizing power generation options to specific sites, installation/ commissioning, and local training services.

Provider of wave energy converter systems. The company offerings include WaveSub - used to generate wave power, WindSub - a floating wind power generator, and DualSub - a device that generates power using both wind and wave.

OpenHydro is based in Dublin, Ireland and categorizes itself as a technology company that designs and manufactures turbines for tidal stream settings. The company vision is to deploy tidal turbines at no cost to the environment. To that end, the company has developed the Open-Centre Turbine. OpenHydro has estimated that tidal resources could produce electricity equivalent to about 16 billion euros per year.

Hydrokinetic Energy is a company founded in 2015 by Walter Schurtenberger.

Hydro Green Energy, LLC is a renewable energy project developer and technology integrator that designs, builds, operates and sells hydrokinetic power systems that generate electricity from moving water without the use of dams.

Tidal lagoons are commonly touted as a better alternative to barrage systems in terms of environmental and economic factors. U.S.-based Tidal Electric has built its business on the development of offshore tidal lagoons.

Tocardo B.V. specializes in power generating solutions and is one of the world’s leading developers of tidal turbines.

Neptune is an independent international oil and gas exploration and production company with a regional focus on the North Sea, North Africa, and the Asia Pacific.

Based in London, Minestro is a tidal power company that has developed a power plant known as Deep Green that converts energy from tidal stream flows. The company has taken an interesting approach that uses a hydrodynamic wing to direct smoother water flows through the turbine.

Nova Innovation Ltd is a UK-based tidal energy company - transforming the power of our seas into clean, predictable electricity.