ORPC said that the testing was completed in collaboration with the Maine Maritime Academy and the Eastport Port Authority.
According to the reports, the redesigned river power system now offers better reliability and durability and the equipment will be used to power a rural village in Alaska.
ORPC president and CEO Chris Sauer said the company has focused on the markets where there are remote communities
"Right now, until we get further down the road, we can’t compete with the grid price of power," Sauer added.
The company is planning to ship the unit to Alaska in summer 2014 for its first commercial-scale demonstration and the new technology is expected to be ready by end of 2015.
RivGen unit will be used to generate power from the Lake Iliamna at the mouth of the Kvichak River in the southwestern village of Igiugig in Alaska.
The new equipment is a submersible hydrokinetic system designed for smaller river applications including at in water depths of 15ft or more.