Abstract: A series of floating turbine rotors each have a tubular hub with outwardly projecting blades, and the rotors are connected in general axial alignment by a flexible driven shaft. The shaft includes tubular floating connector shafts and flexible couplings, and each rotor is connected to drive the shaft through a one-way ratchet clutch. One or more lines of the connected floating rotors are anchored within moving water of a river or in the waves flowing into a seashore, and the rotors drive each flexible shaft which, in turn, drives an electric generator through a fly-wheel and a power converter or drives an air compressor for producing compressed air which is stored in underground tanks and later used to drive an electric generator through an air turbine.