Renewable energies
SeaQurrent
Next generation tidal energy plants
Commercialised by
SeaQurrent
Grou
Tussendiepen 18, 9206 AD Drachten, Netherlands
Sustainable developement goals
Tidal energy. For good.
The TidalKite is an innovative underwater kite that enables 3D energy-harnessing from tidal currents. Thanks to its patented, multi-wing system, a single TidalKite device can harvest much more energy than existing tidal technologies, making it cost effective for deployment in a large number of locations worldwide. The resulting energy harvest marks a breakthrough in the price of electricity produced from tidal energy.
The need
TidalKite™ complements intermittent renewables in the energy mix contributing to the transition to 100% carbon-free energy. It provides higher energy revenues per kWh, produces baseload power, ensures energy security, overcomes spatial limitations, and minimises grid congestion.
The solution
The patented TidalKite 3D-harnessing design captures up to 3x more energy than conventional tidal turbines, doubling market potential by enabling deployment in all tidal segments. Its lightweight, scalable design allows towing by standard vessels, use of widely available equipment, easier installation, onshore maintenance, and significantly lower costs. The design is eco-friendly and 100% recyclable.
The value proposition
- Strong EU regulatory support and national financial incentives: governments provide significant funding and guaranteed prices for tidal projects.
- Initial TidalKite projects, structured as ESCO-SPC ventures, are anticipated to generate revenues by 2026 with a healthy gross margin, growing from 2030 due to increasing volumes and cost efficiencies.
- Planned transition into a sales and R&D company, selling units and outsourcing manufacturing.
- Positioned to lead the growing tidal energy market, investors are offered substantial returns aligned with energy transition goals.