Deals Counterparts

Inyanga Marine Energy Group

company 1 Deal 1 Partner

Inyanga Marine Energy Group is a UK-based developer and technology provider specializing in tidal stream energy. They design, develop, and deploy their proprietary HydroWing tidal energy converter technology, aiming to deliver large-scale marine energy projects globally. Their focus is on advancing the commercial viability and deployment of tidal energy.

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Founded 2007 30 employees
Marine Energy Technology DeveloperDeveloperOEM/Equipment

Strategic Overview

  • Focus on proprietary HydroWing technology for tidal stream energy.
  • Committed to global deployment and commercialization of tidal energy.
  • Emphasis on reducing the cost of tidal energy through innovative technology and project development.

Deal Activity from Public Sources

Inyanga Marine Energy Group's HydroWing technology selected for the 240MW Morlais tidal energy project in Wales, UK.
Development Tidal Energy UK February 2022 240 MW with Menter Môn
Inyanga Marine Energy Group awarded contract by European Commission to lead consortium for tidal energy project development in Bay of Fundy, Canada.
Development Tidal Energy Canada March 2023

Investment Focus

Technologies
Ocean Energy1
Geography
Wales1

Key People

Richard Parkinson
Founder & CEO

Track Record

17
Years Active
Notable projects: Morlais Tidal Energy Project (Wales, UK), Bay of Fundy Tidal Energy Project (Canada)

Detailed Analysis

Technologies
Tidal Energy
Sectors
Energy TransitionUtilities
Geographies
UK (1 deal)Canada (1 deal)FranceWestern Europe
Deal Stage
GreenfieldOperating
Track Inyanga Marine Energy Group