Equinox Ocean Turbines builds patented low‑speed ocean‑current turbines that generate up to 2 MW of continuous baseload power at flow speeds below 1 m/s. Their 50‑meter Mobula® series operates underwater with minimal visual impact and integrated environmental safeguards, targeting utilities and offshore renewable developers seeking reliable 24/7 renewable energy.
Funding
$2.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Current renewable energy sources like wind and solar are intermittent, requiring backup generation and storage, while existing marine energy technologies often rely on high‑speed tidal flows, limiting deployment sites and increasing environmental concerns. This leaves a large, stable energy resource—slow ocean currents—underutilized despite its potential to provide continuous baseload power.
Solution
Equinox Ocean Turbines develops a patented low‑speed ocean current turbine, the 50‑meter Mobula® series, designed to generate electricity efficiently at flow speeds as low as 0.5 m/s. The turbine operates underwater, producing up to 2 MW of baseload power with minimal visual impact and low environmental risk due to its slow rotation (3–4 rpm) and optimized blade geometry. A 1:10 scale prototype is undergoing open‑water testing to validate performance and achieve Technology Readiness Level 6, with a full‑scale demonstrator planned for 2028 and commercial deployment targeted for 2030. The company integrates site‑specific ecological assessments, adaptive management plans, and compliance with international marine‑energy standards to streamline permitting and ensure sustainable operation.
Target Audience
Primary customers are utility companies, independent power producers, and offshore renewable developers seeking reliable, 24/7 renewable generation in coastal regions with strong ocean currents, particularly in markets such as Japan, South Africa, and the U.S. East Coast.
Features
- Low‑speed turbine design capable of generating 2 MW at flow speeds below 1 m/s, expanding viable deployment locations
- Integrated environmental safeguards: slow rotor speed, collision‑risk minimization, and site‑specific impact assessments
- Modular 50‑meter offshore platform built in partnership with Damen Shipyards for scalable manufacturing and local supply‑chain integration
- Real‑time performance monitoring and data analytics to optimize output and support grid integration
- Proven TRL progression roadmap: prototype testing (TRL 6) → full‑scale demonstrator (TRL 8) → commercial turbine (TRL 9)
- Compatibility with existing offshore grid infrastructure and potential for hybridization with wind or solar farms