releases: https://pingree.house.gov/media-center/press-releases/pingree-says-ocean-renewable-power-company-will-receive-225-million
Data license: MIT · Data source: dwillis/congress-press
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| https://pingree.house.gov/media-center/press-releases/pingree-says-ocean-renewable-power-company-will-receive-225-million | Pingree says Ocean Renewable Power Company will receive $2.25 million federal grant | 2015-11-24 | 2015 | 2015-11 | Democrat | House | ME | Chellie Pingree | P000597 | pingree.house.gov | legacy | Congresswoman Chellie Pingree today announced that Portland-based Ocean Renewable Power Company (ORPC) has won a $2,248,223 grant from the Department of Energy Advanced Research Projects Agency-Energy (ARPA-E). The investment will allow the company to develop ways to lower the costs of deploying, retrieving, and anchoring their tidal and river power turbines, making them more commercially competitive. It's been very exciting to watch ORPC develop innovative technology to generate sustainable, clean power from tides and riversall while creating and saving over a hundred jobs in 14 Maine counties, said Pingree. As ORPC takes its technology to new markets, this federal investment will help them fine-tune their products so they are better able to compete with other power sources. I'm pleased that I had the opportunity to talk to Secretary Moniz about this great company and am glad that they were chosen for this significant award. Pingree recently met with Department of Energy Secretary Ernest Moniz to tout ORPC's work. The grant for ORPC is one of 41 awards totaling $125 million to pursue novel approaches to energy innovation while combating climate change and moving toward a low-carbon economy. Below is a description from ARPA-E on the award. Ocean Renewable Power Company, Portland, ME ($2,248,223) - Deployment and Retrieval System for Cross-flow Hydrokinetic Turbines Ocean Renewable Power Company (ORPC) will develop an innovative deployment and retrieval capability that will significantly reduce costs for cross-flow design marine hydrokinetic systems, in which a turbine generates power from tides and/or rivers. The turbine blades will employ active pitch control to allow for thrust generation in deployment/retrieval mode and higher efficiency in power generation mode. If successful, this project could reduce the cost of the installation process in which ORPC's turbine could be placed in the water near shore, self-propel to the deployment location, and hold itself in place on the seafloor through redirected downward thrust. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |