The company is currently working on the development of a hydrokinetic energy generation device and will be supported by a £100,000 award from Scottish Enterprise.
Samuel Lewinter, chief executive of ResHydro, said: "We are pleased to have the opportunity to open our Scottish subsidiary where we will have access to significant technical expertise and where market conditions will contribute to the most expeditious commercialisation of our technology."
The announcement was welcomed by Scotland’s First Minister Alex Salmond who stressed that the news further proves that the country is leading the way in the development of marine renewables technology.
“ResHydro's decision to invest in Scotland and work in partnership with one of our leading universities to further their research and development plans is testament to that,” Salmond added. "Scotland has hit the natural lottery twice, first with oil and gas and then with our green energy resources. We have astounding green energy potential and this government has a responsibility to make sure Scotland capitalises on the vast economic opportunities the industry presents."
The move was similarly welcomed by environmental groups, with WWF Scotland director Lang Banks describing it as a "great vote of confidence in Scotland's clean energy future".
