IT Power was founded in 1981, and has since successfully completed more than 1,500 renewable energy and carbon projects in 120 countries. Consultancy services are provided in all aspects of renewable energy including off shore wind, and engineering design modeling of wave and tidal energy technologies. IT Power was the UK’s pioneer in tidal stream energy and installed the World’s first demonstration-scale tidal turbine, the SEAFLOW project, rated at 300 kW, off the North Devon Coast in 2003. This is now being taken to commercialisation by a spin-off company, Marine Current Turbines Ltd. (MCT), which is operating a 1.2 MW full-scale machine at Strangford Lough in Northern Ireland. In 2012 MCT was acquired by Siemens.