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Gen5 Free Flow System Turbines on a Verdant Power TriFrame™

Verdant Power Progresses toward an Autumn Installation of Tidal Energy Turbines in New York City’s East River

Turbine Assembly in New Jersey Ramps Up for Demonstration and Commercialization of Marine Renewable Energy in New York City

New York, NY, August 6, 2020 -  Verdant Power has successfully taken additional steps toward the installation of an array of its three, fifth generation (Gen5) tidal power turbines on the Company’s novel TriFrame™ mount at its Roosevelt Island Tidal Energy (RITE) Project site in New York City’s East River.   

The turbines were transported from the Company’s New Jersey marine engineering support services facility, where the turbines were assembled, to a marine vessel installation services area, where they have been integrated onto a Verdant Power TriFrame™ mount in preparation for on-water delivery and deployment at the RITE Project site.  In addition, the RITE Project Control Room on Roosevelt Island is being readied for the turbine system installation, which is planned for autumn 2020.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A New York-based company, Verdant Power plans to install three of its fifth generation Free Flow System turbines on a single TriFrame™ mount in the East River. This will be the pre-commercial phase of the RITE Project to design its tidal turbine, optimize the economics of installation and maintenance of arrays, and prove performance.  

“This is the final pre-commercialization phase in a process that has seen 23 government agencies approve work on the RITE Project,” said Verdant Power CEO John T. Banigan. “We are proud to have been the first licensed tidal power project in the U.S.”

“Our focus is on maximizing system power performance, increasing availability and reliability, and reducing project CapEx and operating costs,” added Banigan. “The RITE Project not only will demonstrate clean power from the tidal currents, but also will demonstrate tidal power as a viable energy resource advancing our industry in the U.S. and globally.”

The RITE Project site will generate electricity under a hydrokinetic pilot project license issued by the Federal Energy Regulatory Commission – the first commercial license to have been issued for a tidal power project in the United States. The RITE Project has been supported by NYSERDA (the New York State Energy Research and Development Authority) and the U.S. Department of Energy's Water Power Technologies Office, in addition to New York-based private equity capital support.

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The European Marine Energy Centre (EMEC) will provide an independent performance assessment of Verdant Power’s 5th Generation (Gen5) Free Flow System to be deployed at the RITE Project in 2020.  By independently measuring the system's performance, EMEC will add credibility to operational results and set a new standard for tidal energy technology developers to meet globally.  More >

Verdant Power Co-Founder Appointed to US Department of Commerce's Renewable Energy & Energy Efficiency Advisory Committee

Trey Taylor, Verdant Power Co-Founder and Chief Marketing Officer, has been appointed by US Secretary of Commerce Wilbur Ross to serve a fifth consecutive term on the Department’s Renewable Energy and Energy Efficiency Advisory Committee (REEEAC).  The REEEAC is composed of senior private sector representatives that provide advice to the Secretary of Commerce on the development and administration of programs and policies to expand the export competitiveness of US renewable energy and energy efficiency products and services.  More >

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