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USTDA Provides Funding for Verdant Power Feasibility Study in Turkey
(March 2014) - The US Trade and Development Agency (USTDA) has awarded a first of its kind grant to study the feasibility of installing a Verdant Power KHPS downstream of the Seyhan hydropower plant, located near the city of Adana, Turkey. The grant is the USTDA's first to explore the exportation of MHK power systems.  More >>
RITE Project Receives First Commercial License for Tidal Power in U.S.
(January 2012) - The Federal Energy Regulatory Commission (FERC) has issued a pilot commercial license to Verdant Power’s RITE Project – the first commercial license for tidal power in the US. Under the license, Verdant Power is authorized to develop a 1 MW pilot project in the East Channel of the East River comprised of up to 30 commercial class (Generation 5) KHPS turbines, which would be installed in a staged approach.  More >>
Verdant Isles' Meeting With Ireland's Taoiseach Enda Kenny
(March 2014) Verdant Isles' Director Trey Taylor meets with Ireland's Taoiseach Enda Kenny.  
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"Verdant Isles aims to have 40 MW of tidal energy commissioned... 
This would mean an investment of €100m, plus the potential to create up to 250 sustainable jobs."
Verdant Isles' News
Verdant Power Director Receives Prestigious '1906 Award'

(November 2015) -- The International Electrotechnical Commission (IEC) has awarded Verdant Power Director of Technology Performance Jonathan Colby with its prestigious 1906 Award. The award is given annually to technical experts from around the world whose work has made significant contributions to the IEC and the electrotechnical industry, which covers products ranging from ovens and mobile phones to nanotechnology, microprocessors and renewable energy systems.

Mr. Colby has held leadership positions within the IEC since joining the body in 2008 as a US subject matter expert on marine energy. Today, he serves as Chair of the Marine Energy Operational Management Committee (ME-OMC) of the IEC’s Conformity Assessment System for Renewable Energy (IECRE), a group Mr. Colby helped establish alongside representatives from the wind and solar-photovoltaic energy industries to focus on the development of a single, global certification system for renewable energy equipment based on International Standards. The ME-OMC is currently comprised of eight member bodies from Asia, North America and Europe and is actively developing unique certification products for the Marine Energy Sector.

In addition to his activities in conformity assessment, Mr. Colby also serves as the Technical Advisor for the US Technical Advisory Group (TAG) to IEC Technical Committee (TC) 114. In this role he represents the United States as Head of Delegates at TC 114 plenary meetings and leads the TAG activities within the US.

“The work of the IEC often goes unnoticed to the general public,” said Mr. Colby, “but it is absolutely crucial to the safe and reliable operation of technologies and systems around the world. To be recognized from among so many incredible contributors to the IEC is truly an honor.”

Established in 1906, the IEC is the world’s leading organization that prepares and publishes International Standards for all electrical, electronic and related technologies. Close to 20,000 experts from industry, commerce, government, test and research labs, academia, and consumer groups participate in IEC Standardization work.  

Irish Firm Partners with World Leader in Tidal Energy 
November 2014

New York, NY -- Ireland’s Duggan Renewables Ltd. and America’s Verdant Power, Inc. have partnered to establish Verdant Isles Ltd. – a joint venture to develop tidal energy projects in Ireland and the United Kingdom. Verdant Power will work through its subsidiary, Verdant Power UK Ltd., on the venture. 
Verdant Power has successfully developed and deployed Marine Hydrokinetic (MHK) energy systems since its founding in 2000 and is the world’s first and only company with a grid-connected array of tidal turbines, which have generated power for New York City.

In 2012, Verdant Power was awarded a U.S. Federal Energy Regulatory Commission (FERC) pilot commercial license for its project in New York’s East River – a tidal channel. This is the first license for tidal power ever to be issued in the United States. And in 2014, Verdant Power was awarded a U.S. Trade and Development Agency feasibility study grant for a project in Turkey, the first such award to be issued for an MHK energy technology.  

Verdant Power has teamed up with Duggan Renewables to develop a number of sites in Ireland and the UK, with Verdant Isles being created as a vehicle to develop tidal farms. Within the next six years, Verdant Isles aims to have 40 MW of tidal energy commissioned, with multiples of the same coming on stream in the following years. This would mean an investment of €100m, plus the potential to create up to 250 sustainable jobs.

Tidal energy is set to become the largest growth area in the clean tech sector over the next decade and Ireland plans to be at the forefront of this development, particularly because of the natural resources the country has available. In parallel with developing sites in Ireland and the UK, Verdant Isles plans to set up a manufacturing base that will become part of a global supply chain for MHK devices. Further MHK research also will be an integral part of the joint venture. With these combined capacities, Verdant Isles represents a unique opportunity to further propel Ireland as a world leader in the deployment of MHK projects. 
“Our goal is to become one of the leading project developers in the clean-tech sector” stated John Butler, General Manager of Duggan Renewables. “To achieve this, the company needs to be aligned with technology developers at the forefront of their respective areas. Duggan Renewables is excited to announce the establishment of Verdant Isles as a partnership with Verdant Power – a world leader in the design and application of MHK energy solutions.”

“The establishment of Verdant Isles allows Verdant Power to develop opportunities in Ireland and the UK by partnering with a locally-based EPC renewable energy contractor and developer with whom the company has established a strong working relationship,” stated Trey Taylor, co-founder of Verdant Power.

Verdant Power is a leader in the Marine Hydrokinetic (MHK) industry. Through its initiatives worldwide, the company has developed leading capabilities in the areas of MHK device design, demonstration and operation, as well as resource assessment and environmental monitoring at MHK project sites. Verdant Power was founded in 2000 and is headquartered in New York, New York, USA. Learn more at www.verdantpower.com

Duggan Renewables was established by Duggan Brothers (Contractors) in response to the growing market in the renewable energy sector, both in Ireland and the UK. Further to extensive research into the available technologies, the company has concentrated its initial efforts on the Hydro & Biogas technology sectors, both of which are well established with proven track records. In order to bring these technologies to the UK and Irish market Duggan has formed strategic partnerships with leading European and U.S. technology providers. Duggan Brothers was founded in 1926 and is headquartered in Richmond, Templemore, Co Tipperary, Ireland. Learn more at www.dugganbrothers.ie  



US Department of Energy Selects Verdant Power under $10.5 Million Award for Next-Generation Marine Energy Systems

(December 2015) -- Verdant Power is one of six organizations selected by the US Energy Department to receive up to $10.5 million to support the design and operation of innovative MHK systems through survivability and reliability-related improvements. More >>