Verdant Power on track for autumn deployment
- Business developments & projects
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 and their mounting system in accordance with New Jersey and New York State directives.
The sequence includes readiness of the turbines, TriFrame mount, and control room for deployment in New York City’s East River adjacent to Roosevelt Island.
Last week Verdant also signed contracts with three New Jersey marine companies in advance of its system deployment.
The deals include Donjon Marine, K-T Marine, and Ken’s Marine for on-water work and marine vessel installation services.
The RITE project will see Verdant generate electricity under a hydrokinetic pilot project license issued by the Federal Energy Regulatory Commission (FERC).
During the project, the European Marine Energy Centre (EMEC) will conduct a third-party assessment of the system’s power performance.
Verdant Power secured $6 million in funding for the effort in late 2018, including support from the US Department of Energy and the New York State Energy Research and Development Authority (NYSERDA).