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Marine Current Turbines
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Developer of commercial-scale sub-sea tidal turbines for marine renewable energy

Founded in 2000
Founded in

Company type Acquired Public ()
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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
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Headquarters United Kingdom Bristol, United Kingdom
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Updated by Cleantech Group on 07/26/2021

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Date Partner Type
01/01/2007
Maritime Tidal Energy Corporation Maritime Tidal Energy Corporation
Marine Current Turbines signed an agreement with Maritime Tidal Energy Corporation to develop tidal resources in the Bay of Fundy.
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Confirmed by Maritime Tidal Energy Corporation
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Date Investors Type Amount
04/11/2014 Regional Growth Fund Regional Growth Fund (1)
Post-money valuation of
Marine Current Turbines has been awarded a grant of £1m from the government’s Regional Growth Fund for R&D into innovative tidal technology.
 Grant $1,670,000
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