ORPC, Inc.
ORPC is a U.S.-headquartered marine renewable energy company that designs and deploys proprietary cross-flow turbine systems (RivGen and TidGen) to generate baseload electricity from free-flowing rivers and tidal currents, serving remote communities, indigenous groups, municipalities, and industrial customers across the Americas, Ireland, and Chile.
- Company typePrivate
- Founded2004
- HeadquartersPortland, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What ORPC, Inc. does
ORPC, Inc. (Ocean Renewable Power Company) is a privately held marine renewable energy technology company founded in 2004 and headquartered in Portland, Maine. The company designs, manufactures, and deploys proprietary cross-flow turbine generator systems — primarily the RivGen Power System for free-flowing rivers and the TidGen Power System for tidal currents — that generate baseload electricity without dams, impoundments, or significant environmental disturbance. Its modular RivGen variant enables scalable deployments across both riverine and tidal applications, and Integrated Microgrid Solutions bundle generation with storage and grid connectivity, developed in partnership with Schneider Electric. ORPC operates through wholly owned subsidiaries in Canada, Ireland, and Chile, with field offices in Sherbrooke, Dublin, Punta Arenas, Anchorage, and Eastport (Maine), and holds the longest continuous marine energy operating record in the Americas at its Alaska river site.
ORPC's commercial model combines hardware sales of RivGen and TidGen systems, project development services (site assessment, FERC licensing, installation, commissioning), ongoing operations and maintenance, strategic advisory services, and equipment leasing through an exclusive partnership with Warbird Capital LLC. Customers include remote and Indigenous communities (Igiugig Village, Metis Nation of Fort Providence) seeking diesel displacement, municipal/urban authorities (City of Sherbrooke, Montreal St. Lawrence River project), and industrial enterprises (Shell Technology Marine Renewable Program on the Mississippi River). Revenue is project-based and lumpy; pricing is custom-quoted per deployment.
The company is heavily reliant on non-dilutive government grant funding from sources including the U.S. Department of Energy, EU Horizon 2020, Natural Resources Canada, Interreg NWE / SHINES, and SEAI, supplemented by a $25 million growth capital round in August 2021 led by Canadian Shield Capital and Hatch. With 11–50 employees and a small number of commercial deployments, ORPC remains in a pre-commercial-to-early-commercial phase, with major forward catalysts including the East Foreland Cook Inlet FERC pilot license and up to $29 million in shortlisted DOE follow-on funding.
ORPC, Inc. firmographics
Firmographics- Name
- ORPC, Inc.
- Legal name
- Ocean Renewable Power Company, Inc.
- Website
- https://orpc.co
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ORPC is a U.S.-headquartered marine renewable energy company that designs and deploys proprietary cross-flow turbine systems (RivGen and TidGen) to generate baseload electricity from free-flowing rivers and tidal currents, serving remote communities, indigenous groups, municipalities, and industrial customers across the Americas, Ireland, and Chile.
- Ownership category
- akta.pro rank
ORPC, Inc. industry classification
Industry- Product category
- Marine Renewable Energy / Hydrokinetic Power Systems
- NAICS
- Turbine and Turbine Generator Set Units Manufacturing (333611), Hydroelectric Power Generation (221111), Electric Power Generation (22111)
- SIC
- Engines & Turbines (3510), Motors & Generators (3621), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Hydropower Turbines, Generators & Balance-of-Plant Equipment Manufacturing (EUAMAHAF)
- akta.pro secondary industries
- Hydropower Turbines & Electro-Mechanical Equipment (Turbines, Generators, Governors) (EUAMADAC), Small & Micro Hydropower Systems (Off-grid, Rural Electrification) (EUAMADAI)
Keywords
Where ORPC, Inc. is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
ORPC, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Marine Energy Hardware Sales: Sale of RivGen and TidGen power systems to customers including remote communities, utilities, and industrial users. Systems generate electricity from free-flowing rivers and tidal currents.
- Project Development Services: End-to-end project development including site assessment, regulatory licensing (FERC applications), installation, and commissioning of marine energy systems.
- Operations and Maintenance: Ongoing O&M services for deployed systems, including environmental monitoring and performance optimization.
- Equipment Leasing: Leasing solutions offered through Warbird Capital LLC partnership for RivGen Power Systems, enabling customers to access technology without large capital outlays.
- Strategic Advisory Services: Consulting services for site assessment and marine energy project development guidance.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
ORPC, Inc. product offering
Product offeringCore offering
ORPC (Ocean Renewable Power Company) designs, manufactures, and sells hydrokinetic power systems — primarily the RivGen Power System for free-flowing rivers and the TidGen Power System for tidal currents — that generate baseload renewable electricity without dams or impoundments. The company also delivers end-to-end project development, site assessment, regulatory licensing, installation, commissioning, and ongoing operations & maintenance services to remote communities, utilities, municipalities, and industrial customers in North America, South America, and Europe.
Product overview
ORPC (Ocean Renewable Power Company) is a marine renewable energy technology company offering a portfolio of water power solutions centered on its proprietary cross-flow turbine technology. The core commercial product is the RivGen Power System, a hydrokinetic device that generates electricity from free-flowing river and tidal currents. The company also offers the TidGen Power System for tidal-specific applications and the modular RivGen for scalable deployments. These systems are complemented by Integrated Microgrid Solutions that bundle power generation with storage, controls, and grid connectivity. ORPC operates globally through subsidiaries in the U.S., Canada, Chile, and Ireland, with projects spanning Alaska, Maine, Quebec, Manitoba, Northern Canada, Chile, and Northern Ireland.
Differentiator
Problem solved
Functional benefit
Products and services
- RivGen Power System ORPC's flagship commercial hydrokinetic power system that generates predictable, affordable baseload electricity from free-flowing river and tidal currents without dams or impoundments. Designed, built, tested and proven in the USA for remote communities, municipalities, and industrial users located on waterways.
- Modular RivGen Power System Next-generation, modular, scalable version of the RivGen system developed with funding from the U.S. DOE Water Power Technologies Office. Designed for easier deployment and scalability across river and tidal applications, with advanced composite materials.
- TidGen Power System ORPC's tidal energy power system designed specifically for capturing energy from tidal currents, including planned deployment at the East Foreland site in Cook Inlet, Alaska — the site with the highest tidal energy potential in the U.S.
- Strategic Advisory Services Consulting services for site assessment and marine energy project development guidance, helping customers evaluate and plan hydrokinetic deployments.
- Site Assessment Services Site evaluation services for prospective marine energy project locations, supporting customers through feasibility and resource analysis.
- Project Development & Deployment Services End-to-end project development including regulatory licensing (e.g., FERC applications), installation, commissioning, and ongoing operations & maintenance for deployed marine energy systems, including environmental monitoring and performance optimization.
- RivGen Equipment Leasing
Quantifiable outcome
- 212 ton CO2/year savings with one RivGen system compared to diesel generation.
- +3 more outcomes
Companies that use ORPC, Inc.
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
ORPC, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
ORPC, Inc. partnerships and signals
Strategic signalScale indicators16 records
Recent moves9 records
Expansion highlights7 records
ORPC, Inc. competitors and assessment
Company assessmentDirect peers
- Verdant Power: Verdant Power develops free-flow kinetic hydropower turbines for tidal and river applications, with the Roosevelt Island Tidal Energy (RITE) project in New York's East River. Directly comparable to ORPC as a marine hydrokinetic technology developer targeting urban and remote deployments.
- Simec Atlantis Energy (SAE): SAE is a UK-based tidal stream developer (formerly Atlantis Resources) operating the MeyGen project in Scotland. Comparable to ORPC as a tidal current energy project developer with commercial-scale ambitions in marine hydrokinetic generation.
- Minesto: Minesto is a Swedish developer of subsea kite technology (Deep Green) for tidal and ocean current power generation. Comparable to ORPC as a marine current energy technology company with utility-scale ambitions and a focus on predictable baseload renewable generation.
- Ocean Power Technologies: OPT is a U.S.-based wave energy technology developer (PowerBuoy systems) targeting offshore, defense, and ocean observation markets. Comparable to ORPC as a publicly listed marine renewable energy hardware company pursuing commercial deployment.
- Carnegie Clean Energy: Carnegie Clean Energy (formerly Carnegie Wave Energy) developed CETO wave energy technology for offshore power generation. Comparable to ORPC as an Australian-listed marine renewable energy technology developer in the broader ocean energy category.
- HydroQuest: HydroQuest is a French developer of hydrokinetic turbines (including the 'OceanQuest' floating tidal platform) for river and marine applications. Directly comparable to ORPC as a hydrokinetic turbine manufacturer with deployments targeting river currents and tidal sites in Europe.
Broad incumbents
- ANDRITZ Hydro: ANDRITZ Hydro is one of the world's largest suppliers of turbines, generators, and electromechanical equipment for conventional hydropower plants. Comparable to ORPC as a hydropower turbine/generator manufacturer, but with a broader portfolio focused on large conventional hydro rather than hydrokinetic free-flow applications.
- Voith Hydro: Voith Hydro is a global incumbent manufacturer of hydroelectric turbines, generators, and automation systems. Comparable to ORPC in the broader hydro equipment manufacturing space, but focused on large-scale conventional dams and pumped storage rather than marine hydrokinetic applications.
- Cummins: Cummins is a global leader in diesel and natural gas generator sets, which are the incumbent technology ORPC displaces for remote community power. Comparable in targeting the same off-grid and remote power customer base, but with the incumbent fossil-based solution that hydrokinetic is competing against.
Others
- Schneider Electric: Schneider Electric is a global energy management and automation company that signed an MoU with ORPC for integrated microgrid solutions. Relevant as a strategic partner and channel for ORPC's remote-community microgrid offerings, and an adjacent ecosystem player in distributed energy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ORPC, Inc. social profiles
Digital presenceORPC, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
ORPC, Inc. leadership team
Management profileNumber of profiles
Profiles9 records
ORPC, Inc. subsidiaries and ownership
Company hierarchySubsidiaries3 records
ORPC, Inc. funding detail
Funding detailFunding overview
Funding rounds7 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ORPC, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ORPC, Inc.
What does ORPC, Inc. do?
ORPC (Ocean Renewable Power Company) designs, manufactures, and sells hydrokinetic power systems — primarily the RivGen Power System for free-flowing rivers and the TidGen Power System for tidal currents — that generate baseload renewable electricity without dams or impoundments. The company also delivers end-to-end project development, site assessment, regulatory licensing, installation, commissioning, and ongoing operations & maintenance services to remote communities, utilities, municipalities, and industrial customers in North America, South America, and Europe.
Is ORPC, Inc. a public or private company?
ORPC, Inc. is a private company. It is classified as venture growth investor backed and is currently operating.
When was ORPC, Inc. founded?
ORPC, Inc. was founded in 2004. It employs 11 to 50 people.
Where is ORPC, Inc. based?
ORPC, Inc. is headquartered in Portland, United States, in the North America region.
How does ORPC, Inc. make money?
Five revenue lines are on record. Marine Energy Hardware Sales are the primary driver. The others are project Development Services, operations and Maintenance, equipment Leasing and strategic Advisory Services.
Who are ORPC, Inc.'s main competitors?
Direct peers on record are Verdant Power, Simec Atlantis Energy (SAE), Minesto, Ocean Power Technologies, Carnegie Clean Energy and HydroQuest. Broad incumbents are ANDRITZ Hydro, Voith Hydro and Cummins. Schneider Electric is listed as an others.
Does ORPC, Inc. have an API?
No public API is recorded for ORPC, Inc..
What industry is ORPC, Inc. in?
ORPC, Inc.'s product category is Marine Renewable Energy / Hydrokinetic Power Systems. Its primary akta.pro industry code is EUAMAHAF, Hydropower Turbines, Generators & Balance-of-Plant Equipment Manufacturing, with a secondary code of EUAMADAC, Hydropower Turbines & Electro-Mechanical Equipment (Turbines, Generators, Governors). Its NAICS code is 333611 and its SIC code is 3510.