ORPC

Renewable Energy from Water Currents

Company Information

Website:

http://www.ORPC.co

Sector:

Energy Efficiency

Location:

Portland, ME

ORPC turns water currents into clean, renewable energy with zero carbon emissions.

Last year, global carbon emissions totaled more than 37 billion metric tons, nearly double the amount from 50 years ago.

Extracting energy from water currents is a clean, sustainable answer to the carbon emissions problem. Water current resources exist in every region of the world, and there is enough extractable energy in water currents to provide one-third of the world’s annual electricity needs.

ORPC has developed an award-winning, proprietary energy solution that harnesses the power of water currents, with none of the greenhouse gases generated by fossil fuels.

ORPC has 39 patents, and has been awarded grants from the U.S. Department of Energy and U.S. Department of Agriculture.

Team Background

Christopher Sauer - Co-Founder & CEO
Alexandre Paris - President & CEO
John Ferland - President & COO

Co-Investors

Raising
$10 million
Committed
$110 (0%)
Current Valuation
$37.165 million
Min. Investment
$110
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $10 million
    2010-09-10
    U.S. Department of Energy
  • $5 million
    2013-08-30
    Unknown
Notable Investors
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