Search results for: Verdant Power

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  • 1 April 2013
    Business & Finance, Research & Development

    Verdant Power founders are planning to install up to 30 turbines with the total capacity of 1MW in the East Channel of the East River, writes The Day news portal. Ron Smith, co-founder of Verdant Power said for The Day: “The 1 megawatt these will generate is trivial.” “But by 2020 to 2040, these kinds […]

  • 7 March 2012

    Verdant Power, a private company which is going to realize its first tidal project in New York City’s East River, has raised $530,000 investment. On January 23, 2012, the Federal Energy Regulatory Commission (FERC) issued a pilot commercial license to Verdant Power’s RITE Project and it accounts for the first commercial license for tidal power […]

  • 23 May 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    US-based developer Verdant Power has reached over the minimum investment target in an ongoing equity crowdfunding campaign set up to support the implementation of the company’s fifth generation tidal energy technology in a New York City project.

  • 6 June 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Verdant Power has been selected by the US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) to continue a project advancing its TriFrame foundation with $3.75 million of second-phase funding. The project is part of an EERE Water Power Technologies Office initiative to drive down the cost of MHK energy by improving […]

  • 4 October 2016
    Business & Finance

    Verdant Power has appointed John Banigan to the additional position of Chief Executive Officer.

  • 6 June 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) has awarded $3.75 million to Verdant Power to further develop its TriFrame tidal foundation.

  • 14 September 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The US-based company Verdant Power has received $6 million to progress the program whose aim is to advance its next generation tidal power system in New York.

  • 1 April 2013

    Verdant Power founders are planning to install up to 30 turbines with the total capacity of 1MW in the East Channel of the East River, writes The Day news portal. Ron Smith, co-founder of Verdant Power said for The Day: “The 1 megawatt these will generate is trivial.” “But by 2020 to 2040, these kinds […]

  • 15 July 2013

    Cornell University and Verdant Power Inc., signed a Memorandum of Understanding (MOU) with the intention of entering into a long-term relationship centered on research and other activities related to Marine & Hydrokinetic (MHK) technologies. Verdant Power’s MHK project on Roosevelt Island in New York City is the first commercially licensed tidal energy plant in U.S. […]

  • 14 September 2018
    Research & Development

    Verdant Power has received $6 million in funding for the next phase of its program to advance the development of the company’s tidal power system in New York. The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) has approved $3 million in co-funding support for the third phase of Verdant Power’s […]

  • 15 July 2013
    Business & Finance, Project & Tenders

    Cornell University and Verdant Power Inc., signed a Memorandum of Understanding (MOU) with the intention of entering into a long-term relationship centered on research and other activities related to Marine & Hydrokinetic (MHK) technologies. Verdant Power’s MHK project on Roosevelt Island in New York City is the first commercially licensed tidal energy plant in U.S. […]

  • 24 June 2020
    Business developments & projects, Research & Development, Technology

    During the 2-month Covid-19 shutdown, Verdant Power made progress on the necessary steps to install its tidal power system in early autumn. Prior to the Covid-19 pandemic, the US-based company assembled turbines in New Jersey, with remaining components ready for final assembly. Verdant resumed its work for the final assembly of its tidal power turbines […]

  • 18 March 2016

    U.S. based Verdant Power, Inc. and Irish company Belleville Duggan Renewables Ltd. have established a joint venture to develop tidal energy projects in Ireland and the United Kingdom. “Our goal is to become one of the leading project developers in the clean-tech sector,” said John Gleeson of Bellville Duggan Renewables. “To achieve this, we need to […]

  • 2 April 2019
    Operations & Maintenance, Technology

    The European Marine Energy Centre (EMEC) will provide an independent performance assessment of Verdant Power’s 5th Generation (Gen5) tidal turbine system to be deployed for commercial demonstration in New York City’s East River in 2020. The deployment will be conducted under Verdant Power’s Roosevelt Island Tidal Energy (RITE) project and will be comprised of three […]

  • 15 July 2013

    Cornell University and Verdant Power Inc., signed a Memorandum of Understanding (MOU) with the intention of entering into a long-term relationship centered on research and other activities related to Marine & Hydrokinetic (MHK) technologies. Verdant Power’s MHK project on Roosevelt Island in New York City is the first commercially licensed tidal energy plant in U.S. […]

  • 23 November 2015
    Business & Finance, Research & Development, Technology

    The International Electrotechnical Commission (IEC) has awarded Verdant Power’s Director of Technology Performance Jonathan Colby with its ‘1906 Award’. The award is given annually to technical experts from around the world whose work has made significant contributions to the IEC and the electrotechnical industry. Jonathan Colby said: “The work of the IEC often goes unnoticed […]

  • 18 May 2020
    Technology

    Verdant Power has made significant progress in manufacturing the Gen5 Free Flow System turbines. Prior to the Covid-19 pandemic, the company assembled turbines in New Jersey, with remaining components ready for final assembly once onsite work resumes. Verdant Power will deploy the turbines on a TriFrame mount in New York City’s East River at the […]

  • 16 February 2012
    Business & Finance, Equipment, Operations & Maintenance

    As part of the Roosevelt Island Tidal Energy project, 30 turbines are being installed along the strait that connects the Long Island Sound with the Atlantic Ocean in the New York Harbor. The project, led by Verdant Power, Inc., is the first ever commercially licensed tidal energy project in the United States. The turbines are […]

  • 11 June 2017
    Business & Finance, Research & Development, Technology

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from June 5 – 11, 2017.

  • 15 August 2013
    Research & Development, Technology

    The University of Minnesota’s St. Anthony Falls Laboratory (SAFL) has announced the launch of new collaborative industry-academy project to advance research, innovation and training in marine and hydrokinetic (MHK) technology, an emerging renewable energy that harnesses the power of rivers, tides and waves. The project is funded by a two-year, $600,000 grant from the National […]

  • 24 January 2012
    Business & Finance, Operations & Maintenance

    The Federal Energy Regulatory Commission (FERC) issued its first pilot project license for a tidal energy project located in New York City’s East River. The project, owned by Verdant Power and known as the Roosevelt Island Tidal Energy (RITE) Project, is 1,050-kilowatts and uses the East River’s natural tidal currents to generate electricity. Turbine generator […]

  • 7 August 2015
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The US Department of Energy (DoE) has selected four entities to receive $7.4 mln to develop components that would help advance marine and hydrokinetic (MHK) technologies. According to the Energy Department, the projects will address technical challenges in advanced controls, crosscutting power take-off (PTO), and innovative structures, for the wave and tidal energy sectors. Through this […]