Verdant Power

About the offering

Verdant Power is a marine renewable energy company that has developed underwater turbines, which are much like wind turbines, but are deployed in the currents of rivers, tides, oceans and canals to generate clean power. The proceeds from the Netcapital offering will be used to advance the Company toward commercialization in New York City and its ultimate launch into the global marketplace. Verdant Power’s mission is to help build sustainable communities by producing clean power and water from its new renewable energy source. The Company’s underwater turbines convert the kinetic energy from the water currents of oceans, tides, rivers, and canals into electrical and mechanical power. This clean power will be produced near where electricity and clean water are most needed - where people live. The mechanical power can be used to pump water for irrigation purposes. By commercializing now, the Company is preparing for projects worldwide that will harvest this reliable and predictable source of new renewable energy for community resiliency, given climate change. Verdant Power’s proven, proprietary modular technology will be readily scalable and easily integrated with other clean tech technologies for hybrid power systems. It addresses the water-energy-food nexus - the critical approach to water management and the clean energy revolution.

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