|0.18|| +0.0091 / +5.32%|
Ocean Thermal Energy Corp. is a project developer in the renewable electricity and potable water business. The company designs Ocean Thermal Electrical Conversion (OTEC) power plants and Seawater Air Conditioning (SWAC) plants. These technologies provide clean drinking water, plentiful food, and sustainable, affordable energy. OTEC plants leverage the temperature difference in the ocean between cold deep water and warm surface water in the tropics and subtropics to generate unlimited energy without the use of fossil fuels. Some of the seawater running through the plants can be desalinated, producing thousands of cubic meters of fresh water daily for agriculture and human consumption. The cold, nutrient-rich seawater can be used to cool buildings for fish farming and aquaculture. SWAC systems produce air conditioning without the use of chemical agents. This technology uses less fresh water and reduces environmental impact when compared to traditional air conditioning methods. The company was founded on October 18, 2010 and is headquartered in Lancaster, PA.
|Jeremy P. Feakins||Chairman, CEO, CFO, Secretary & Treasurer|
|Becky Wink Cooper||Marketing Director|
|Ronald E. Fink||Controller|
|Matt Frey||Manager-Investor Relations|
|Gerald S. Koenig||General Counsel & Head-Government Affairs|