OTEC International LLC (OTI) was selected to build a one-megawatt demonstration plant by the Natural Energy Laboratory of Hawai’i Authority (NELHA) to test the full power cycle of ocean thermal energy conversion for electricity. Baltimore-based OTI has built its OTEC design on decades of innovation, combining proprietary technology with off-the-shelf components. Privately funded OTI has [...]
Ocean Thermal Energy Corporation announced the appointment of three distinguished public servants to its Advisory Board: Governor Edward G. Rendell, Congressman Christopher P. Carney and Senator Lynn P. Holowesko. “Our Company is delighted to be able to draw upon the tremendous experience and varied expertise of these three visionaries, who have each shown commitment to [...]
Ocean Thermal Energy Corporation (OTE Corp.) and Bahamas Electricity Corporation (BEC) today signed a Memorandum of Understanding (MoU) to further the development of two ocean thermal energy conversion plants in The Bahamas in concert with BEC’s strong policy to promote renewable energy resources in The Bahamas to maximize Bahamian energy independence and environmental benefits. This [...]