The tidal power generation industry is primarily composed of innovative companies harnessing the immense potential of marine energy, notably tidal currents and waves. Using high-efficiency technologies and eco-conscious mechanisms, these firms present a novel approach to renewable energy sources. Offerings range from emission-free electricity generation to lightweight and modular power plants, with a focus on affordability, easy installation, and minimal environmental impact. Rising concern around clean energy and climate change drives the industry's growth, with further opportunities to pioneer sustainable solutions and energy independence for societies across the globe.


Top 26 Tidal Power Generation Companies

1. 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.


2. 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.


3. 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.


4. Tidal Lagoon Power

Tidal Lagoon Power is a company that specializes in harnessing the power of tides for renewable energy generation. They develop and operate projects that utilize tidal lagoon technology to produce clean electricity. Tidal Lagoon Power aims to contribute to a sustainable future by utilizing the natural energy of the tides.


5. Hydroquest

HydroQuest is a turbine technology developer and renewable energy producer, offering clean, competitive, predictable, and reliable sub-sea tidal energy solutions.


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. Orbital Marine Power Ltd

  • Website: orbitalmarine.com
  • Headquarters: Kirkwall, Orkney, United Kingdom
  • Founded: 2002
  • Headcount: 11-50
  • Latest funding type: Series Unknown
  • LinkedIn

Orbital Marine Power is a company working towards enabling a sustainable future by harnessing dense, predictable, renewable energy from ocean and river currents. They offer innovative tidal turbine technology that can deliver clean and predictable power to millions of people, homes, and businesses.


8. Bombora

  • Website: bomborawave.com
  • Headquarters: Pembroke Dock, Pembrokeshire, Australia
  • Founded: 2012
  • Headcount: 11-50
  • Latest funding type: Debt Financing
  • LinkedIn

Bombora Wave Power is a company that aims to develop a reliable and cost-efficient electricity source using their patented mWave™ product. They are focused on unlocking the environmental and economic potential of wave energy. Their operations include offshore wind optimization, utility scale wave farms, island nation decarbonization, and oil & gas platform electrification. Bombora collaborates with strategic partners and the supply chain to make utility scale wave power a reality. Their mWave™ product is a global front-runner in multi-megawatt wave energy generation, offering significant operational, economic, and environmental benefits.


9. MAKO Energy

  • Website: mako.energy
  • Headquarters: Sydney, New South Wales, Australia
  • Founded: 2013
  • Headcount: 11-50
  • LinkedIn

MAKO Energy provides a range of hydrokinetic turbines that generate predictable, renewable energy from local tidal currents at a low cost. It helps islands, coastal communities or businesses at sea save power costs, while also reducing diesel gensets emissions.


10. Aquantis Inc.

Aquantis provides turbine technology for ocean current power generation, offering an innovative solution for increasing renewable energy sources.


11. 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.


12. National Hydropower Association

  • Website: hydro.org
  • Headquarters: Washington, District Of Columbia, United States
  • Founded: 1983
  • Headcount: 11-50
  • LinkedIn

Hydro.org is a company focused on promoting and advancing hydropower as a clean and renewable energy source. They provide resources and information on waterpower, including research documents, career opportunities, and industry news.


13. Tidal Energy

Wave Tidal Energy is a company that provides innovative solutions for harnessing wave and tidal energy to generate reliable and sustainable electricity. They use cutting-edge technology and expertise to design and install wave and tidal energy devices that can provide a cost-effective and low-carbon source of power.


14. C-Power

  • Website: cpower.co
  • Headquarters: Charlottesville, Virginia, United States
  • Founded: 2005
  • Headcount: 11-50
  • LinkedIn

C.Power delivers products to change the ocean into a power- and data-enriched environment, with a focus on reducing stakeholder and environmental impact. Their system operates offshore in various sea conditions without shutting down. They are a worldwide leader in wave energy systems, providing reliable and cost-effective energy generation and storage. Their solutions have applications in offshore energy, defense and security, aquaculture, science and research, and communications.


15. DP Energy Group

  • Website: dpenergy.com
  • Headquarters: Buttevant, Co. Cork, Ireland
  • Founded: 1993
  • Headcount: 11-50
  • LinkedIn

DP Energy is a leading developer of renewable energy projects in Ireland. They specialize in harnessing natural resources like wind and solar energy to generate electricity. With a global presence and years of experience, DP Energy is committed to sustainability and creating a greener future.


16. Hann-Ocean Energy

Hann-Ocean is a company specializing in wave energy conversion. Their state-of-the-art Drakoo WEC device converts the dense wave energy into cost-efficient electricity. Hann-Ocean has several facilities for engineering design, computer simulation, site survey and data collection, and prototype building and performance testing.


17. SIMEC Mining

  • Website: simec.com
  • Headquarters: Adelaide, South Australia, Australia
  • Founded: 2017
  • Headcount: 1001-5000
  • LinkedIn

SIMEC is an international resources group with extensive operations in sustainable power, mining, infrastructure, energy, and commodities. With a presence on five continents, SIMEC offers a diverse range of services, including shipping, trading, and natural resources development.


18. 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.


19. Mocean Energy

  • Website: mocean.energy
  • Headquarters: Scotland, Edinburgh, City Of, United Kingdom
  • Founded: 2015
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Mocean Energy is a company that specializes in wave energy technology and systems. They utilize numerical modeling, optimization, rapid prototyping, and tank testing to design and deliver wave energy machines that generate high levels of power in harsh ocean environments.


20. Blue Motion Energy

For centuries the Dutch have been plagued by flooding. Throughout history the Dutch have been in a constant battle against the sea. In the 9th century the history of Dutch water management started. Throughout al these centuries the Dutch have gained a reputation as a country that won the war against water, rescuing large parts of land from the grasp of the sea. The current Dutch thought however, is to convert their battle against the sea into working and living together with the sea. This changed vision demands the further development of a different kind of knowledge. Blue Motion Energy is a new Dutch based company that has taken on the challenge to come up with an innovative system to generate energy from waves, currents and wind with only one turbine. Blue Motion Energy developed a technology witch can increase the efficiency of the marine turbine system to 80 percent or more for wave energy by making use of wave diffraction. For the Netherlands the turbines can generate up to 15 MW nominal. The marine turbines built further from the coast has more power output and an increased capacity factor. At places with large waves and tidal current a.o. Ireland, Scotland, France, New Zealand and Australia much larger plants with high capacity factors can be build. For larger plants 7 MW and higher and depending of the location no subsidized feed in tariff is necessary.


21. SIMEC Atlantis Energy Limited

  • Website: simecatlantis.com
  • Headquarters: Edinburgh, England, United Kingdom
  • Founded: 1996
  • Headcount: 51-200
  • Latest funding type: Ipo
  • LinkedIn

SIMEC Atlantis Energy is a global leader in creating new and sustainable energy projects. They specialize in the conversion of coal-fired power stations to use waste-derived fuel pellets, reducing global coal usage. Their projects contribute to tackling climate change and plastic waste.


22. 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.


23. The Solar Inspired Fluid Energy Technologies

  • Website: sifet.ca
  • Headquarters: Qualicum Beach, British Columbia, Canada
  • Headcount: 1-10

The Solar Inspired Fluid Energy Technologies is a company that operates in the Environmental Services industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Qualicum Beach, British Columbia, Canada.


24. Sevengen

  • Website: sevengen.com
  • Headquarters: Brisbane City, Queensland, Australia
  • Founded: 2021
  • Headcount: 11-50
  • LinkedIn

Sevengen is a clean technology and sustainable solutions leader providing turnkey services to clients in the resource, water, power, property, places and transport sectors.


25. TPGen24

TidalPower24 is a company focused on generating green electricity using the tidal waves with regularity that offers a perpetual solution to the periodicity issues of solar and wind-based systems. The company is set to be a core part of the renewable energy mix, changing the underexplored resource into a leading expert in tidal energy while providing much-needed local employment and urban renewal in coastal communities.


26. GreenFuel

  • Website: greenfuelonline.com
  • Headquarters: Cambridge, Massachusetts, United States
  • Founded: 2002
  • Headcount: 11-50

Green Fuel Online is a platform that provides resources, online courses and supplies for individuals and companies interested in renewable energy sources.


Want to find more tidal power generation companies?


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