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Clean Current Power Systems
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Short description

Developer of technology to convert tidal energy to electric power

Founded in 2001
Founded in

Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector hydro & marine

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Vancouver, BC Vancouver, Canada
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Updated by Cleantech Group on 07/26/2021

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Date Company
Partnerships
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Date Partner Type
11/12/2013
Fundy Tidal Fundy Tidal
Fundy Tidal has entered into an agreement with Clean Current Power Systems in order to test and demonstrate a tidal turbine system.
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Confirmed by Fundy Tidal
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IPO INFORMATION

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Initial shares

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Exchange listed

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Description

Date Investors Type Amount
07/31/2006 (0)
Post-money valuation of
Series B $2,100,000
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Products
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Product image Name Product status Revenue model Cost metrics

River Turbine

Uses a proprietary generator and bearing technology, combined with specific blade and duct modifications for the river environment.

Pilot/Early Revenue License of Usage
$/kW (current)
$/kW (projected)
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