“Verdant Power is commercializing tidal energy to realize a blue economy powered by a Marine Renewable Energy (MRE) industry,” said an article on the National Hydropower Association website.
The Roosevelt Island Daily News
“In 2020, Verdant Power deployed three of its fifth-generation turbines mounted on a single TriFrame™ in New York City’s East River tidal strait. The operational excellence of the RITE Project, as recognized by the OSAW award puts the vision of a commercial MRE industry within reach.”
As we reported in October 2020, “The original set of turbines supplied energy to the old Gristedes, now Foodtown, and to Motorgate. The idea was a trial because nobody knew for sure if the equipment could survive powerful East River tides.”
“This pre-commercial demonstration of the proprietary integrated system is designed to optimize the economics of installation and maintenance over the system’s 20-year life, and to prove performance,” Verdant’s spokesman told us.
Here is what Verdant President John Banigan told us at the time…
The project lasted nine months and delivered a record amount of generated power into the New York City grid.
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A Job With a Predictable Ending
The role looks stable from the outside. A President and CEO is appointed. A contract is approved. A salary is set.
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