Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover 5 hand-picked tidal energy startups.
Out of 106, the Global Startup Heat Map highlights 5 Top Tidal Energy Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 106 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 tidal energy startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 101 tidal energy solutions, get in touch.
Seabased facilitates Wave-to-Grid Systems
Founding Year: 2019
Location: Dublin, Ireland
Partner for: Grid-Scale Wave Energy
Seabased is an Irish startup that provides cost-competitive renewable wave energy to the grid. The startup’s patented technology harnesses wave energy converters (WECs) – buoys on the surface connected with linear generators resting on the seabed. The waves move the buoys, which move the cable and the magnets in the generator on the seafloor, in turn, generating electrical power. The underwater switchgear, or marine substation, converts the power produced by multiple WECs into electricity suitable for grid use. In addition, the startup’s wave energy parks discharge zero pollutants and eliminate blades that may injure or kill marine life.
HydroWing develops Tidal Energy Converters
Founding Year: 2017
Location: Penryn, UK
Partner for: Modular Tidal Energy System
HydroWing is a UK-based startup that manufactures tidal energy converters. The startup’s seabed-fixed device HydroWing combines a permanent gravity-based structure and multiple rotors. The tidal energy industry faces various challenges to improve energy output, often resulting in complex engineering designs. This increases the chances of device failure, in turn, increasing downtime and revenue loss. HydroWing, on the other hand, is designed to overcome such challenges through safe, cost-effective, and easy-to-implement installations.
Tidal Bridge makes Tidal Power Plants
Founding Year: 2015
Location: North Brabant, Netherlands
Partner for: Fishflow Tidal Power (FTP) Turbines
Dutch startup Tidal Bridge develops tidal power turbines. The startup integrates its tidal power turbines into existing building infrastructure like bridges to reduce installation and maintenance costs. This enables clients to reduce grid dependence and avail clean energy. The startup’s turbine also features fish-friendly designs that minimize the impact of such projects on the marine ecosystem.
Ocean Power Parks offers Offshore Tidal Energy Platforms
Founding Year: 2018
Location: Sor-Trondelag, Norway
Partner for: Grid-Scale Renewable Energy Production, Sustainable Mariculture
Norwegian startup Ocean Power Parks provides a grid of offshore multipurpose tidal energy platforms. The startup’s large offshore parks exploit the potential and kinetic energy of ocean waves to power a generator. This allows the startup to produce renewable energy and integrate it into utility grids for further distribution. Each platform also allows for other sustainability-oriented solutions, such as hydrogen and oxygen generation or mariculture.
Neptunya Ocean Power provides an Energy Conversion Device
Founding Year: 2020
Location: Boca Raton, US
Partner for: Hydrogen Production, Maritime Decarbonization
Neptunya is a US-based startup that develops a mixed-mode energy conversion device. It taps into wind, tides, waves, and currents to generate electricity. The startup also creates a deep-sea electrolyzer that uses high temperatures and pressures to increase efficiency in hydrogen storage. The startup’s solutions provide more choices in renewable energy sources within a single facility, which accelerates maritime decarbonization.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on modular energy systems, grid-scale energy production, and sustainable power generation. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore more energy technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Energy Innovation Report to save your time and improve strategic decision-making.