ORPC

Since its establishment in 2004, ORPC has made significant strides in the marine renewable energy (MRE) sector, standing out as the sole company that has successfully delivered power to a utility grid from an MRE tidal project and to a local microgrid from an MRE river project on a global scale. The company's commercial RivGen® Power System, launched in 2019 in Igiugig, Alaska, has set records and demonstrated sustainable energy generation capabilities, aiming to reduce the community's diesel fuel use by 60-90%.

ORPC's dedication to environmental sustainability is evident in its extensive collaboration with local partners, universities, environmental agencies, and fishing industry groups. The company has also accumulated a respected knowledge database regarding fisheries and marine life interaction with its power systems, with no observed adverse impacts in over a decade of operation.

In the latest funding round in August 16, 2021, ORPC secured a significant $20.00M investment from Canadian Shield Capital and Hatch Ltd. This investment is expected to propel ORPC's expansion in North America, South America, and Europe, allowing the company to offer its commercial power systems and expertise worldwide in areas with ocean and river energy resources. ORPC's innovative and sustainable approach to renewable energy makes it a key player in shaping the future of clean energy production.