OpenHydro
OpenHydro was a tidal energy technology company specializing in the design, manufacture, installation, and operation of tidal turbines. Founded in Ireland, the company aimed to harness the predictable power of ocean tides to generate clean, renewable electricity. Their core technology involved submerged horizontal axis turbines anchored to the seabed.
OpenHydro developed and deployed several prototype tidal energy devices in various locations, including the Bay of Fundy in Canada, and the Orkney Islands in Scotland. These projects aimed to demonstrate the viability and scalability of tidal energy as a commercial electricity source. The turbines were designed to operate in harsh marine environments, and to minimize environmental impact on marine life.
The company's technology faced challenges including technical difficulties, permitting issues, and high capital costs. Ultimately, OpenHydro was placed into liquidation in 2018 due to financial difficulties. Despite its closure, OpenHydro contributed significantly to the development of tidal energy technology and helped advance understanding of the potential and challenges of harnessing tidal power. Their work informed subsequent research and development efforts in the tidal energy sector.