ORPC Inc., a Portland-based company that designs and sells turbines that use river or ocean water to generate energy, on Wednesday unveiled its first commercial system for use on rivers.
The RivGen Power System will be shipped to Alaska to be installed on the Kvichak River this summer, the company said during an announcement Wednesday attended by Gov. Janet Mills.
Chris Sauer, the company’s CEO, said the new product combines ORPC’s power systems with smart grid electronics and energy storage to create a no-carbon microgrid.
“ORPC is a shining example of how we can harness innovation to grow our economy and create a clean, sustainable energy future,” Mills said.
The company in March started a campaign to raise more than $500,000 on Netcapital, a fundraising website for investing in privately held companies.
ORPC said it has raised more than $90 million since it was founded in 2004. It has deployed 11 power systems and has been granted 39 patents.
This article originally appeared on www.bangordailynews.com.