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Columbia Power Technologies
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Developer of offshore devices designed to harness energy from waves

Founded in 2005
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector hydro & marine

TRL Range 4-6
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
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Headquarters Corvallis, OR Corvallis, United States
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Parent Companies Greenlight Energy Resources

Updated by Cleantech Group on 09/20/2023

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Date Partner Type
01/12/2023
Verlume Verlume
Partnership with Verlume, CPower, Saab, Biosonics and FranaTech to test wave power in Hawaii.
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Confirmed by Verlume
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IPO INFORMATION

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Date Investors Type Amount
11/01/2019 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding will be used to develop a design of its next-generation WEC. Using composite materials to reduce capital expenditures and a permanent magnet generator to maximize efficiency, the project will design a scaled-up version of the existing Water Power Technologies Office-funded device that is set for testing at Hawaii's Wave Energy Test Site.
Grant $3,000,000
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