Welcome to the informational website for Verdant Power's
Roosevelt Island Tidal Energy (RITE) Project
The RITE Project is a world’s first initiative that will test,
demonstrate and deliver commercial electricity from Verdant Power's Free Flow Kinetic Hydropower System. The project is located in the East River in New York, NY, and generates clean renewable energy from the river's tidal currents. MoreProject Map
Licensing the RITE Project
Verdant Power is currently in the process of applying for a license from the Federal Energy Regulatory Commission (FERC) to commercially develop the RITE Project. This proposed development includes a 1 MW pilot project in the east channel of the East River (RITE East Channel Pilot) and a 2-4 MW pilot project in the west channel (RITE West Channel Pilot).
Verdant Power
Based
in New York, NY, Verdant Power develops projects and technology that deliver clean renewable energy from the currents of oceans, rivers and manmade channels.
Verdant Power systems are simple, scalable and can be installed in a wide variety of settings, including placement within population centers. Company Website
Project Updates
July 2010 - Verdant Power Technical Papers Now Available in Documents section.
May 2010 - RITE Project Receives NYSERDA Award
The New York State Energy Research and Development Authority (NYSERDA)
announced awards of $11.3 million to support innovative NY-based
energy projects, including the RITE Project. The award will support the
first phase of installation under the proposed RITE Project Pilot build-out. NYSERDA has been a long-standing partner in the development of the
RITE Project, having previously supported system R&D, project
environmental monitoring and commercialization efforts. More
August 2009 - RITE Demonstration Completed
Verdant Power has achieved a major milestone by completing the RITE
Project’s Phase 2 Demonstration (East River; New York, NY).
Through this world-first initiative, Verdant Power successfully
demonstrated its Kinetic Hydropower System as an efficient source of renewable
energy, delivering electricity generated from the tides of the East
River to New York businesses.
May 2009 - FERC Concludes Pre-Filing Process and Approves Verdant Power's Process Plan and Schedule
FERC has issued a public notice stating that it has concluded the pre-filing process related to Verdant Power's application for a commercial license and that the requisite regulations have been waived in order to allow for an expedited review of the application under the Hydrokinetic Pilot Project Licensing Process.
The next step in the application process is for Verdant Power to submit its Final License Application.