Ocean Renewable Power Co Inc.

Ocean Renewable Power Co Inc., a for-profit renewable energy developer based in Portland, Maine, acts as a federal research grant recipient focused on marine hydrokinetic and tidal energy system development, working exclusively as a prime recipient across Department of Energy programs with no federal contract prime or subcontract footprint.

Ocean Renewable Power Co Inc. is an unencumbered for-profit corporation with two operating subsidiaries, Orpc Maine, LLC and Orpc Alaska, LLC, that does not hold federal contract vehicles, competitive contract awards, or subcontracting relationships. Its federal activity is confined to research and development grants from the Department of Energy, principally under ARPA-E's SHARKS (Submarine Hydrokinetic and Riverine Kilo-Megawatt Systems) SBIR program and the Office of Energy Efficiency and Renewable Energy. The company's concrete capability focus is design optimization and field validation of modular tidal and riverine hydrokinetic power-generation systems. Recent work includes a $1.75 million Cooperative Agreement from ARPA-E (CFDA 81.135) under the SHARKS SBIR Phase III program, issued May 1, 2026 and targeted for completion October 30, 2027, to identify design couplings between subsystems and components to optimize overall system mass and performance. Preceding that Phase III award is an ARPA-E cooperative agreement from October 2021 (ultimate completion July 27, 2026) on the same optimized hydrokinetic systems topic. The company also holds a $199,979 Project Grant from the Department of Energy Office of Science (CFDA 81.049) from July 22, 2024 through July 21, 2025 for embedded instrumentation research on flow-separation detection in marine energy systems. In June 2024, the Department of Energy Office of Energy Efficiency and Renewable Energy awarded a Cooperative Agreement for the American Tidal Energy Project, proposing a 1–5 megawatt tidal pilot site in Cook Inlet off Alaska's Kenai Peninsula, with Phase 1 work including site characterization, tidal resource data collection, stakeholder engagement, and FERC licensing preparation through December 31, 2025.

All fifteen of the company's recent federal awards are research grants to Ocean Renewable Power Co Inc. as prime recipient; customer concentration is complete within the Department of Energy ecosystem, with four awards distributed across the Office of Energy Efficiency and Renewable Energy, three under ARPA-E, and four under the Office of Science. Two awards face ultimate completion within the next twenty-four months, creating potential recompete exposure. Work is performed at the company's Portland, Maine location with subordinate field operations in Alaska for tidal development work.