Unmatched Experience: Four Working Prototypes
Key steps toward achieving the Verdant Power mission took place even before the company was formally established. Beginning in 1998, Verdant Power founders built, tested and deployed working prototypes of four different types of marine energy systems. This early hands-on effort has allowed the company to determine the strengths and weaknesses of alternative designs, and has informed its selection of the technologies Verdant Power is advancing today.
Verdant Power received the 2010 Company Pioneer Award at the EnergyOcean International Conference. And in 2006 the company was presented with the President’s Award, the National Hydropower Association’s highest honor.
Illustrating Verdant Power’s groundbreaking efforts in the regulatory world, on January 23, 2012, the Federal Energy Regulatory Commission (FERC) issued a pilot commercial license for the RITE Project – the first-ever commercial license for tidal power in the United States. 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) turbines, which would be installed in a staged approach. The pilot license issued to Verdant Power is for 10 years.
Verdant Power has been featured on national television outlets, news programs and documentaries including the NBC Nightly News, CBS Evening News, CNN, The Discovery Channel, The National Geographic Channel, and Warner Independent Pictures’‚ “The 11th Hour.” Verdant Power also has been written about in various mainstream and industry publications including The New York Times, The Wall Street Journal, Time, USA Today, Newsweek, Popular Mechanics, Engineering News-Record and Hydro Review. In 2005, Esquire magazine recognized Verdant Power as among the United States’ ‚ “Best and Brightest.”