Verdant Power

Newsday – January 30, 2012

Editor — Wed, 01 Feb 2012 21:49:43 +0000

Verdant Power – FERC License

Editor — Mon, 23 Jan 2012 21:08:39 +0000

RITE Project Receives First Commercial License for Tidal Power in U.S.
On January 23, 2012, the Federal Energy Regulatory Commission (FERC) issued a pilot commercial license to Verdant Power’s RITE Project – the first commercial license for tidal power in the US.

Under the license, Verdant Power plans to develop a 1 MW pilot project in the East Channel of the East River comprised of up to 30 commercial class (Generation 5) Free Flow System turbines, which would be installed in a staged approach.

Nat Geo Magazine – June 2011

Editor — Tue, 14 Jun 2011 14:35:22 +0000

msnbc – March 30, 2011

Editor — Thu, 31 Mar 2011 14:56:23 +0000

Huffington Post – Jan 2011

Editor — Wed, 30 Mar 2011 14:57:04 +0000

National Geographic Channel – September 17, 2009

Editor — Fri, 26 Nov 2010 17:23:35 +0000

CBS News – August 15, 2010

Editor — Fri, 15 Oct 2010 18:47:46 +0000

msnbc.com – October 3, 2010

Editor — Tue, 05 Oct 2010 18:41:20 +0000

Verdant Power – CECIC MOU

Editor — Thu, 27 May 2010 13:39:25 +0000

Verdant Power and CECEP Sign MOU to Develop Tidal Power in China
Verdant Power has signed an MOU with the China Energy Conservation Environment Protection Group (CECEP) (formerly CECIC), China’s leading renewable energy company, to develop tidal power projects in China. The MOU is the first of its kind between China and the U.S. involving marine and hydrokinetic power projects.

U.S. Commerce Secretary Gary Locke and U.S. Ambassador to China Jon Huntsman were on hand to witness the signing. The MOU will provide a framework for collaboration on siting and operating Verdant Power tidal and river power systems in China and on an international scale. More

RITE Project Receives NYSERDA Award

Editor — Thu, 06 May 2010 14:47:25 +0000

RITE Project Receives NYSERDA Award
The New York State Energy Research and Development Authority (NYSERDA) has announced awards of $11.3 million to support innovative NY-based energy projects, including the RITE Project. The award will support the first phase of installation under the RITE Project build-out, a 30-turbine, 1 MW field that is presently the subject of a hydrokinetic pilot project license application to FERC.

NYSERDA has been a long-standing partner in the development of the RITE Project, having previously supported system R&D, project environmental monitoring and commercialization efforts. More