The tidal energy industry comprises firms geared towards harnessing the ocean's kinetic power to generate electricity. With innovations ranging from subsea kites to wave energy technology, these companies play a pivotal role in the global renewables ecosystem. As the quest for clean, sustainable energy solutions continues to gain momentum, this sector is evolving rapidly- with a marked shift towards efficient, cost-effective creations which minimize environmental impact while maximizing power yield. The industry's future holds potential for significant expansion, as the worldwide focus intensifies on renewables and decarbonization.


Top 27 Tidal Energy 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. 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.


3. 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.


4. Hydroquest

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


5. 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.


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. 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.


8. 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.


9. 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.


10. Gemstar

  • Website: gemstar.it
  • Headquarters: Naples, Campania, Italy
  • Founded: 2005
  • Headcount: 11-50
  • LinkedIn

Gemstar is a renewable energy company offering large-scale technology for generating electricity from slow-moving flows of water. Their single point mooring system technology enables them to overcome traditional installation difficulties, making them highly competitive and eco-friendly with no visual impact.


11. 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.


12. 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.


13. 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.


14. 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.


15. 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.


16. 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.


17. The Bryden Centre

The Bryden Centre is a renewable energy research center funded by the EU under the Interreg VA program. Their research areas include marine renewable energy, wave, tidal and offshore wind power generation, and bioenergy generated from organic waste. They cover the Northern Ireland, Western Scotland and Irish border regions.


18. Power Info Today

PowerInfoToday.com is a news website covering energy industry updates, including renewable energy, nuclear power, and fossil fuels. The website provides a platform for investors and professionals in the energy sector to stay updated on the latest news and developments.


19. The Renewables Consulting Group

  • Website: thinkrcg.com
  • Headquarters: London, Greater London, United Kingdom
  • Founded: 2015
  • Headcount: 51-200
  • LinkedIn

ThinkRCG is a specialized expert services firm focused on the global renewable energy industry. They offer market intelligence, management consulting, and technical advisory services in various sectors including offshore wind, onshore wind, solar energy, and other technologies. Their team delivers independent advice, intelligent solutions, and commercial value for clients. They help investors and corporate buyers identify opportunities, accurately assess risk, and navigate the complex renewable energy sector.


20. 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.


21. ATB Morley

ATB Morley specialise in robust customer-specific drives for Mining, Power Generation, Marine, Defence and many other heavy duty industrial applications.. From coal mines to power stations, water works to tidal turbines, where reliability is critical our machines give you the peace of mind you need. We are globally recognised as pioneers in performance, with our motors and generators long regarded as best in class equipment. We understand how critical the performance of our motors are to your productivity, so we ensure that everything is built to the exact specifications required to meet your particular needs. Today, ATB Morley (formerly Morley Motors) supplies equipment across the globe for use in some of the world’s toughest applications. All of our equipment is designed and manufactured in the UK to the highest industry standards. Our outstanding global performance was recognised in both 2009 and 2012 when we were presented with the Queen’s Award for Enterprise for International Trade, in addition to the Queen’s Award we received in 2010 for Innovation.


22. Tidal Electric

  • Website: tidalelectric.com
  • Headquarters: West Simsbury, Connecticut, United States
  • Headcount: 1-10

Tidal Electric is developing a proposal for an offshore tidal lagoon in Scotland. The proprietary technology enabling the lagoon to be placed offshore allows the plant to deliver large scale, carbon free power at unmatched value. Scotland's tremendous tidal resource and goal of producing as much renewable electricity as it consumes by 2020 make it an ideal partner for an offshore tidal lagoon.


23. 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.


24. Cressall Resistors Ltd

  • Website: cressall.com
  • Headquarters: Leicester, Leicestershire, United Kingdom
  • Founded: 1912
  • Headcount: 51-200
  • LinkedIn

Cressall Resistors is a company that specializes in advanced design and manufacturing of resistors for demanding applications worldwide.


25. Energy BC

  • Website: energybc.ca
  • Headquarters: Vancouver, British Columbia, Canada
  • Founded: 2011
  • Headcount: 1-10

Energy BC is a non-profit organization that focuses on renewable energy development, clean energy and curbing greenhouse emissions.


26. Water Power 4 All

Water Power 4 All is a renewable energy business with unique IP's. We are a pioneering, advanced and progressive company. We have and employ talented people who are driven to excel. Together we bring simple yet revolutionary, robust, sustainable and cost effective hydro energy, harbour and related technologies and solutions to the world. Our systems are game changers!


27. New Energy Corporation

New Energy Corporation Inc is dedicated to producing clean and renewable energy through hydrokinetic turbines and hybrid technology. Our products are available for many applications and locations, although we have a special focus on reaching remote locations and on empowering communities worldwide.


Want to find more tidal energy companies?


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