The tidal energy industry is a burgeoning sector within renewable energy, focused on harnessing the power of ocean tides and currents to generate electricity. The companies within this burgeoning industry use different methods for tidal energy capture, from harnessing wave power to innovative kite technology. They provide end-to-end solutions encompassing design, installation, and maintenance. Future growth is expected as more countries aim for green alternatives and technologies advance, offering lower-cost and higher-efficiency solutions.


Top 24 Tidal Energy Installation Companies

1. CorPower Ocean

  • Website: corpowerocean.com
  • Headquarters: Hägersten, Stockholm County, Sweden
  • Founded: 2012
  • Headcount: 51-200
  • Latest funding type: Series Unknown
  • LinkedIn

CorPower Ocean is a Swedish company focused on harnessing wave energy to power the planet. They specialize in high-efficiency wave energy technology that enables reliable and cost-effective electricity harvesting from ocean waves. With offices in Portugal, Norway, and Scotland, they design, build, and install turnkey solutions to help customers transition to clean energy. Their innovations are inspired by the pumping principle of the human heart, and they believe in utilizing nature's forces and solutions to tackle climate change and achieve a sustainable low-carbon future.


2. Minesto

  • Website: minesto.com
  • Headquarters: Vastra Frolunda, Vastra Gotaland County, Sweden
  • Founded: 2007
  • Headcount: 51-200
  • Latest funding type: Grant
  • LinkedIn

Minesto is a renewable energy company that generates electricity from predictable tidal streams and ocean currents using a unique subsea kite technology. Their lightweight and modular power plants have a rated power of 100 kW - 1.2 MW and are designed for affordability and easy installation, operation, and maintenance.


3. EMEC: European Marine Energy Centre

  • Website: emec.org.uk
  • Headquarters: Stromness, Orkney, United Kingdom
  • Founded: 2003
  • Headcount: 51-200
  • LinkedIn

EMEC (European Marine Energy Centre) is a company that provides testing facilities for wave and tidal energy developers. Established in 2003, it has attracted developers from around the globe. They offer live data, research, and facilities across various locations in the Orkney Islands.


4. Orpc

  • Website: orpc.co
  • Headquarters: Portland, Maine, United States
  • Founded: 2004
  • Headcount: 11-50
  • Latest funding type: Series Unknown
  • LinkedIn

ORPC is a recognized leader in marine energy technology innovation and operational excellence. They specialize in generating predictable, emission-free electricity from free-flowing river and tidal currents. Their power systems connect directly into a community's existing grid, offering high renewable energy penetration and a revolutionary baseload solution. ORPC is committed to sustainable energy solutions and coexists with marine life.


5. Sustainable Marine

Sustainable Marine is a company specializing in the development and deployment of innovative tidal energy systems. They offer advanced workboats and platforms for anchor handling, marine construction, and survey activities. Their solutions enable communities to achieve energy independence and fight climate change by harvesting clean energy from the surrounding waters.


6. Magallanes Renovables

Magallanes Renovables is a renewable energy company focused on harnessing tidal power to generate clean and reliable energy. With a mission to combat climate change, they have developed a technology that unlocks the potential of tidal currents to provide a predictable and sustainable energy source.


7. Leask Marine Ltd

Leask Marine is a leading marine contractor offering vessel charter, commercial diving, and international marine construction services. With a strong track record and a can-do attitude, we deliver a wide range of services including fouled prop clearance, renewable energy device installation, and harbor construction. Our experienced crew and professional approach ensure successful project completion. Contact Leask Marine today to discuss your marine requirements.


8. OceanPixel

  • Website: oceanpixel.org
  • Headquarters: Singapore, Republic Of Singapore, Singapore
  • Founded: 2014
  • Headcount: 11-50
  • LinkedIn

OceanPixel is a company offering marine renewable energy services such as market assessment, resource assessment, environmental risk maps and simulation.


9. Policy and Innovation Group

Policy and Innovation Research Group specializes in technology assessment and analyses the dynamics of innovation in offshore renewable energy systems providing analysis and advice throughout a network of academic research, industry and policy stakeholders.


10. Symphony Wave Power

Symphony Wave Power is a technology company headquartered in the Netherlands, offering a novel wave and tidal energy solution developed through the co-makership between science and industry across Europe and beyond.


11. ALTRA Renewable Energy

Altra Renewable Energy is a global leader in the development and manufacturing of power transmission components for various industries, including renewable energy, aerospace and defense, mining, agriculture, and more.


12. ENCORE: Energizing Coastal Regions with Offshore Renewable Energy

Energisingcoasts.eu is a partnership that focuses on the development of innovative renewable energy solutions for offshore and coastal areas.


13. Ocean Technology Industry News

OceanTech Asia Pacific is a company involved in ocean technology research, development, and deployment of renewable energy and sustainable ocean management practices around the world.


14. Olympic Subsea ASA

  • Website: olympic.no
  • Headquarters: Fosnavåg Brygge 2.Etg, Fosnavaag, Norway
  • Founded: 1996
  • Headcount: 501-1000
  • LinkedIn

OLYMPIC is a company offering a wide range of services within renewable blue energy projects. With a modern and flexible fleet and highly trained crews, they specialize in subsea and construction services for the renewable energy sector.


15. Rapid Renewable Energy

RRE was established to take advantage of the abundant recognized opportunities for astonishing corporate growth in the emerging global Renewable Energy market. The company seeks to be a leading provider of renewable energy solutions - Solar, Tidal and Wind that will be connected to the power grid as well as supply homes and businesses with clean, renewable energy. We offer a unique set of professional and specialist capability in a whole range of renewable energy technologies and practices. Protecting the environment is at the nucleus of what we do: generating clean and secure forms of power from renewable sources that forestall carbon emissions from other forms of power generation. But we aim to do more by reducing the environmental harm arising from our operations. With a strong and capable management team with many decades of combined business, engineering and IT research experience, RRE is positioned at the vanguard of technological advancement that promises to transform - and thereby accelerate - the utilization of Solar, Tidal, & Wind Power to supply mankind's energy needs in the future.


16. Submersible Motor Engineering (USA)

SME USA INC is a premier company specializing in submersible motor engineering industry providing services for designing, manufacturing and supplying Subsea Electric Motors, Deep Well Pumps, and Submersible Electric Motors for Sump pumps. They also offer Subsea Electric Generators for Tidal and River Power Generation and engineering solutions for subsea electric motor or submersible applications.


17. First Marine Solutions

First Marine Solutions is a global service provider that offers temporary and permanent solutions to the offshore energy sector. With a company-owned fleet of mooring equipment, they provide a full marine and mooring lifecycle package to the renewables sector, including system design and site decommissioning.


18. Oceanetics

Oceanetics specializes in providing comprehensive solutions for ocean engineering, including Waterside Security Barriers, security engineering, anti-terrorism force protection, and specialized training. They also offer design, analysis, and testing services for offshore critical lifts. Additionally, Oceanetics is a leader in renewable ocean energy, supporting projects in marine energy development and providing underwater surveying, installation of subsea cables and sensors, and unmanned submersible operations.


19. Lupus Engineering Services

Lupus Engineering Services Ltd is a company that operates in the Architecture & Planning industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Ballater, Scotland, United Kingdom.


20. Marine Renewable Energy Collaborative of New England

MARINE RENEWABLE ENERGY COLLABORATIVE OF NEW ENGLAND is a non-profit organization located in Marion, Massachusetts, United States. New England offers the richness of intellectual capital in its universities and the power of its entrepreneurial environment to foster the development of ocean energy systems. MRECo seeks to encourage cooperation between industry, academia, government and all other stakeholders to find solutions that will get equipment demonstrated in the water quickly. It is only when you get ‘steel in the water’ that we can fully understand impacts and to provide all concerned the information needed to sustainably harvest renewable energy in the ocean.


21. Seasystems

North Sea Systems provides survey solutions for marine renewable energy and offshore construction industries.


22. FreeFlow69

Freeflow69 are one of the key market leaders in the design, manufacture and installation of Micro Hydro Power for private, commercial and the small industrial sector. With over 10 years experience, we specialise in producing water wheels and Archimedes Screws, using our extensive knowledge and expertise of the traditional Overshot, Breastshot, Poncelet and Zuppinger water wheels. Our Stainless Steel water wheels are manufactured here in the UK by our associate company, Able Engineering, who are based in the Midlands. From initial consultation, through design, planning, manufacture, installation and commissioning, the Freeflow team will guide you through the process of realising the potential of your own Micro Hydro Renewable Energy project. We can offer a standard size overshot type water wheel to be supplied in its component parts or assembled. The wheel can be used as a typical overshot wheel if the upstream water level (head) exceeds the diameter of the wheel, with lower head levels it can be used as a pitch back wheel, the head range is 2.5m down to 1.5m. The wheel can be supplied in kit form for the customer to assemble, possibly on site, or fully assembled. The gearbox, generator and control system will be specified but can be sourced by the customer. This is a fish friendly application for generating electricity. The size of the standard wheel is 2m diameter x 0.9m width, optimum flow is around 0.2m3/s. This gives a power range between 3kW and 1.7kW depending on the water head and flow that is available at the instalation. The wheel blades and shroud plates are manufactured from grade 1.4003 stainless steel to give many years of service without worrying about corrosion.


23. Verdant Power

  • Website: verdantpower.com
  • Headquarters: New York, New York, United States
  • Founded: 2000
  • Headcount: 11-50
  • Latest funding type: Series Unknown
  • LinkedIn

Verdant Power is an innovative company specializing in marine energy. They have received recognition for their RITE Project, which won the National Hydropower Association's 2021 Outstanding Stewards of America's Waters Award. With their Free Flow System, Verdant Power harnesses tidal energy from New York City's East River, helping to produce the most marine energy in the US. They offer advanced technology and expertise in the field of marine energy.


24. Innosea

Nous participons au développement de produits spécialisés mis à profit des projets de nos Clients. INNOSEA participe à des développements en propre et sur demande comme des solutions de protection et de lestage de cbles et de conduits sous marins, des solutions innovantes pour la stabilisation des fondations offshore ou encore pour le contrle des chargements au sein des turbines et des fondations en mer. Les outils logiciels sont dincontournables produits pour la réalisation de nos études techniques et des tches dingénierie pour nos projets. Nous réalisons des études spécialisées en ingénierie offshore grce à des capacités de modélisation avancée et facilitée par nos produits logiciels. Notre méthodologie dingénierie est fondée sur un processus de conception intégrée sur lensemble des phases de nos projets. Nos compétences techniques couvrent les différentes phases du développement dun parc éolien en mer et se retrouvent dans les étapes suivantes :


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