Company Profile

Ocean Renewable Power Company LLC (AKA: ORPC~ORPCAlaska LLC)
Profile last edited on: 3/24/2023      CAGE: 5NWP7      UEI: SMR6HAE9FGE7

Business Identifier: Clean, predictable electricity using ocean and river water as power systems
Year Founded
2004
First Award
2010
Latest Award
2022
Program Status
Active
Popularity Index
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Location Information

254 Commercial Street Suite 119B
Portland, ME 04101
   (207) 772-7707
   info@oceanrenewablepower.com
   www.orpc.co
Location: Multiple
Congr. District: 01
County: Cumberland

Public Profile

A leader in proven, reliable underwater systems generating predictable, clean Ocean Renewable Power Company LLC (ORPC) develops technology and eco-conscious projects that use ocean and river water as power systems to produce clean, predictable electricity for homes and businesses while protecting and preserving the world’s marine ecosystems. ORPC has developed its proprietary power systems and project sites simultaneously. The firm partners with local utilities and community-based renewable energy developers and obtaining the required permits to install power systems in world-class tidal resources in Maine, Alaska and Nova Scotia. Combined, the firm’s sites have potential to generate more than 300 megawatts of clean, predictable electricity. ORPC is committed to protecting marine life and understanding the interaction between the marine environment and the firm's power systems. ORPC’s Maine Tidal Energy Project brought more than $25 million into the state economy, and created or helped retain more than 100 jobs in 14 Maine counties. These same benefits will be realized in Alaska and Nova Scotia, where the firm actively worked with local groups to make tidal and river energy a reality. ORPC is advancing commercial development of three proprietary power systems (TidGen, RivGen and OCGen), which all use the firm’s patented device, the turbine generator unit or TGU. ORPC delivered the first power to the grid from the Cobscook Bay Tidal Energy Project, which utilized the TidGen Power System, designed for use at shallow to medium-depth tidal sites. In Sept 2010 the firm received a $10 million grant from the U.S. Department of Energy for its project to install tidal power systems off the coast of Maine and in 2013, was in receipt of an additional $5M also from DOE.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
10-14

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2022 1 DOE $199,992
Project Title: Upper Cook Inlet Electrofuels
2021 2 DOE $3,576,987
Project Title: Optimized Hydrokinetic Systems
2021 1 DOE $199,964
Project Title: Power for Subsea Networks
2020 2 DOE $1,299,052
Project Title: Hydrokinetic Baseload Microgrids
2016 1 DOE $149,967
Project Title: Low mass, modular, river hydrokinetic system

Key People / Management

  John Ferland -- President & Chief Operating Officer

  Stuart Davies -- Chief Executive Officer

  Tessa Ftorek -- Marine Mammal Observer

  Nathaniel Hayes

  Merrick Jackinsky -- Director of Development

  Nathan Johnson

  Brenda Lemay -- Vice President, Finance & Administration; Chief Financial Officer

  Robert Lewis -- Director of Operations Planning; Chief Safety Officer

  Abbey Manders -- Vice President, and CFO

  Jarlath Mcentee -- Vice President, Engineering; Chief Technology Officer

  Alexandre Paris -- Senior Vice President & COO

  Darrel Speed -- Director of Project Management

  Paul H Wells -- Founder and Chairman

  Monty Worthington -- Director of Project Development