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Scotrenewables Tidal Power develops tidal stream energy systems, led by its Orca tidal turbine, that harness ocean currents.
Founded in 2002 and headquartered in the UK, Scotrenewables Tidal Power Ltd develops tidal energy technology. It raised GBP 5.58 million in December 2015 from investors including ABB Technology Ventures, Scottish Government, Total SA, DP Energy and Harland and Wolff, at a post-money valuation of GBP 10.58 million. Revenue for fiscal 2023 was GBP 235,534.1, with an EBITDA loss of GBP 5,486,130.9.
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