Investment Directory
Explore a billion dollar investment opportunity represented by Practitioner Network member organizations operating at the forefront of the global off-grid energy sector, addressing energy access issues

Updated In October 19 2016
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Ocean Renewable Power Company

http://www.orpc.co/

Based in: United States

Type of Organization

Small business

Operating In

Europe, North Africa Middle East, North America

Countries of Operation

United States, Canada, Ireland

Types of Work

  • Design Devices
  • Directly to end Users
  • Project Development
  • Planning Energy Programs
  • Manage Energy Programs
  • Integrate Install or Maintain Energy Systems
  • Analytical Services
  • Business Consulting

Energy Products or Services Offered

  • Marine and hydrokinetic energy technology and project development including tidal, river and ocean current. We have also been contracted to provide expertise on wave energy and offshore wind.

Company Profile

  • Years in Business

    10

  • Full Time Employees

    18

  • Woman Leadership

    No

  • Active Financing Round

    Yes

Funding needs over the next 12-24 months

Further details about funding needs

ORPC offers a profitable investment opportunity for individual and institutional investors seeking a financial return while replacing use of fossil fuels with clean, renewable energy and generating economic and social benefits in isolated, low-income communities. To date, about 40 percent of ORPC’s $56MM in funding has come from federal and state grants and loans, with 60 percent from private investors, primarily a single family office. ORPC is in the homestretch of achieving commercial success and is seeking new private investment of up to $10MM total.

Involved in Mini-Grids: Yes

Role in relation to mini-/micro-grids

  • Project Development
  • Consulting Human Resources
  • Design or Engineering Systems
  • Component Supplier
  • Construction Installation or Commissioning
  • Operation and Maintenance

Structure of ownership used in commercial mini-/micro-grid operation

  • Development Company

Mini-grids: Projected Funding Needs

Generation technologies implemented in mini-grids

  • River hydrokinetic

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