Top 12 Tidal Energy startups

Oct 26, 2024 | By Alexander Gillet

These startups convert kinetic energy of incoming and outgoing tides into electrical energy.
1
Country: Sweden | Funding: $63.3M
Minesto develops a revolutionary concept for generating electricity from the ocean that unlocks a so far untapped renewable energy resource.
2
Country: USA | Funding: $42.6M
Ocean Renewable Power develops ocean and tidal current energy generation projects.
3
Country: UK | Funding: $31.9M
Scotrenewables Tidal Power is a renewable energy research and development company focused on tidal power.
4
Country: UK | Funding: €3.4M
Atlantis Turbine and Engineering Services division designs, supplies and maintains world leading tidal turbines and subsea connection equipment.
5
Country: USA | Funding: $4.5M
Verdant Power systems generate clean energy from the currents of tides, rivers, and canals.
6
Country: USA
Oceana Energy powers communities with a carbon free, long lasting and low maintenance magnetic marine turbine.
7
Country: Spain
Magallanes Renovables is developing tidal energy floating platform, with double high output rotors with a combined power of 1,5MW.
8
Country: USA | Funding: $160K
Sitkana is building technology to generate electricity from oceanic tidal currents.
9
Country: France
Tidalys is a technology based company which designs and introduce onto the market revolutionary turnkey tidal turbines, enabling our partners to deliver renewable energy at lowest costs and in full respect of our environment.
10
Country: Italy
Windcity offers an alternative clean energy solution that could be installed on rooftops too. It’s a wind turbine with an unconventional design, that allows for a greater acceleration with low-speed winds, compared to conventional turbines.
11
Country: Germany
The power generated by Cyklone Tidal Energy’s kinetic turbines placed in the sea could produce cheap energy
12
Country: UK
Paddle Power Energy is on a mission to deliver predictable, scalable, capable tidal energy – at the lowest possible cost to our planet and marine wildlife. The company created worlds first linear water wheel turbine that will generate over 2MW/hr.
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com