Building Sustainable Communities with the Power of Water.
Raised to Date: Raised: $45,150
Aggregate Commitments $
Equity - Common
Rolling Commitments $
Do you believe in a future of marine renewable energy? Do you want to help address the global water and energy shortage? If you said yes, then Verdant Power Inc. could be the investment you’ve been waiting for. Their technology focuses on marine renewable energy, and their innovative products can help provide clean energy and water to those in need.
Verdant Power Inc is “building sustainable communities with the power of water,” and they are doing this through focusing on marine renewable energy (MRE). Verdant Power has developed underwater turbines, which are like wind turbines, but instead of harnessing the power of wind, they harness the power of water. These turbines are deployed in the currents of rivers, tides, oceans, and canals, and they use the power from those places to generate clean energy. With this energy, people can generate electrical and mechanical power to produce electricity and clean water, including irrigation, for places that are in need. Verdant Power is located in New York, New York, with subsidiaries in Canada and the UK, and with this campaign, they hope to commercialize in New York City before ultimately going global.
The Bottom Line:
There are more than 844 million people in the world without clean water and 1.2 billion people with little to no access to electricity. Verdant Power provides a solution to this problem. Their unique blend of on-going innovation and demand for results is helping them forge a MRE-based path to truly have an impact on the rest of the world -- one clean energy, water-based turbine at a time.
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