OPRC Inc. Overview
Company Headquarters: Maine, US
Founded: 2004
Workforce: ~50
Company Working: OPRC Inc. is engaged in the development of marine renewable energy technology. It operates through two segments, which are ocean power generation and river power generation. The company offers its tidal energy harvesting technology through its ocean power generation segment. It manufactures its turbine generator units, which are used in both, ocean and river power generation.
The company has offices in Canada, Ireland, and the US. Its manufacturing facility is located in Maine, the US. Additionally, OPRC Inc. has numerous US-based organizations, funding its operations including the US Department of Energy's Advanced Research Projects Agency-Energy, Sandia National Laboratories, Pennsylvania State University Applied Research Laboratory, and the University of Alaska.
Strategy
OPRC Inc. has partnered with various R&D funding partners such as Alaska Energy Authority, the Denali Commission, European Union Horizon 2020 Program, Maine Technology Institute, and Maine Technology Asset Fund. The United States Department of Agriculture and United States Department of Energy are some of its other funding partners. This will provide it better funding and enable it to diversify and innovate its product portfolio. The company offers a broad spectrum of professional services for river and ocean energy projects
