Marine renewable energy company Verdant has installed an array of three tidal power turbines at its Roosevelt Island Tidal Energy (RITE) Project site in the East River, New York – the first licensed tidal power project in the US.
The RITE Project will demonstrate Verdant Power’s fifth-generation tidal power system and its novel TriFrame™ mounting system. This pre-commercial demonstration of the proprietary integrated system is designed to optimize the economics of installation and maintenance over the system’s 20-year life, and to prove performance. This design provides for readily scalable systems to larger sizes for deeper and faster tidal straits.
The RITE Project, as a grid-connected array of tidal power turbines, provides the metrics for system performance, and operational costs which are scalable to other sites, and demonstrates an MRE project as distributed generation for alternative global market opportunities.
“We are proud to be the first licensed tidal power project in the US,” said Verdant Power CEO John T. Banigan. “We are demonstrating clean power from the tidal currents and that tidal power is a viable energy resource advancing our industry in the US and globally.”
The RITE Project will generate electricity under a pilot project license issued by the US Federal Energy Regulatory Commission – the first commercial license for a tidal power project in the country. The project will provide clean electricity to Roosevelt Island through a distributed generation connection to Con Edison’s local grid, and is supported by the New York State Energy Research and Development Authority and the US Department of Energy, in addition to New York private equity investors.