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HydroWing Tidal Energy Projects

company 1 Deal 1 Partner

HydroWing is a UK-based renewable energy technology company focused on developing and deploying a new generation of modular tidal stream energy converters. Their technology aims to reduce costs and increase reliability for tidal energy projects, with a current focus on a 10MW array project in the UK.

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Founded 2010
Renewable Energy Technology CompanyDeveloperOEM/Equipment

Strategic Overview

  • Focus on modular design for rapid deployment and maintenance to reduce costs and increase reliability of tidal energy.
  • Actively seeking to scale up from prototype testing to commercial array development.

Deal Activity from Public Sources

Deployment of full-scale HydroWing tidal stream energy converter prototype at the European Marine Energy Centre (EMEC)
Development Tidal Energy UK Fall 2023
Development of a 10MW tidal array project in the UK
Development Tidal Energy UK 10 MW

Investment Focus

Technologies
Ocean Energy1
Geography
Wales1

Key People

Richard Parkinson
CEO
Dr. Jonathan Hodges
CTO
Dr. David Parkinson
Technical Director

Track Record

10
MW Total
2
Deals Completed
14
Years Active
Notable projects: Full-scale prototype deployment at EMEC, Orkney, Scotland, 10MW tidal array project in the UK

Detailed Analysis

Technologies
Tidal Energy
Sectors
Energy TransitionUtilities
Geographies
UK (2 deals)Scotland (1 deal)
Deal Stage
GreenfieldDevelopment
Track HydroWing Tidal Energy Projects