Licensing & Regulatory

RITE Project Relicensing: Application for Subsequent FERC License (December 2019)

Volume 1: Initial Statement and Exhibit A Project Description [PDF - 2.4 MB]

Volume 2: Exhibit E Environmental Review [PDF - 4.5 MB]

Volume 4: Supplemental Environmental Data: Monitoring Plans, Biological Assessments [PDF - 3.3 MB]

* Volume 3 of the License Application contains Critical Energy Infrastructure Information and is not available for public viewing.

RITE Project Relicensing: Pre-Application Documents (August 2018)

Verdant Power Notice of Intent to Relicense Roosevelt Island Tidal Energy Project

Addendum to Verdant Power RITE Draft License Application

RITE Project FERC License No. P-12611 (January 2012)

RITE Pilot Project License

Errata Notice

RITE Project FERC License Application (December 2010)

Volume 1:  Initial Statement, Revised Process Plan and Justification Statement, Communication and Consultation Records, FERC Exhibit A and Summary of Pre-Commercial Development and Demonstration 

     Part 1 of 1

Volume 2: FERC Exhibit E Environmental Report and Exhibit G Project Boundary Map

     Part 1: Application; Proposed Action and Alternatives; Consultation and Compliance; Environmental Analysis, Geology and Soils,

     Water Resources, Aquatic Resources


     Part 2: Terrestrial Resources, RTE Species, Recreational Resources, Navigation and Land Use, Aesthetic Resources, Cultural

     Resources, Tribal Resources and Socio-economic Resources; Exhibit G 

Volume 4: RITE Monitoring of Environmental Effects (RMEE) Plans, Appendices A & B summarizing supporting fishery information, ESA, EFH
     Part 1: RMEE Plans

     Part 2: Appendix A - Summary of RITE Project Hydroacoustic Data
     Part 3: Appendix B - Summary of RITE Project DIDSON Observations, ESA, EFH

* Volume 3 of the Final Pilot License Application contains Critical Energy Infrastructure Information and is not available for public viewing.

Crowdfunding Annual Reports

2019 Report:  Notice to our Investors: We will be unable to meet our April 29, 2020 annual report filing requirements for securities sold pursuant to Regulation CF as a result of circumstances related to COVID-19.  As such, we intend to rely on the temporary relief being provided by the Securities and Exchange Commission.  We will submit our 2019 Annual Report to the SEC by May 31.

2018 Report: Form C-AR [Download PDF - 4.7 MB]

Latest News

EMEC to Assess Free Flow System Performance

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 Secures $6 Million Funding for Final System Demonstration at RITE Project

Verdant Power has received $6 million in funding for the next phase of its program to advance the development of the Company’s tidal power system and TriFrame mount at its RITE Project in New York City's East River.  The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) has approved $3M in co-funding support for the third phase of Verdant Power’s project that will qualify its tidal power system through to final test, demonstration and commercialization.  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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