OTEC EcoVillage

04/07/2021

The tax plan from the Biden Administration also includes efforts to help combat climate change, proposing to replace fossil fuel subsidies with tax incentives that promote clean energy production.

The tax plan would raise the corporate tax rate to 28 percent from 21 percent to help fund the president’s economic agenda.

03/18/2021

Our OTEC EcoVillage will show the world how the well-proven technology Ocean Thermal Energy Conversion can produce inexpensive electricity and fresh water 24/7. Our mission is to commercialize this techology and the OTEC EcoVillage will be the first such project of its kind with a commerical grade OTEC system. Climate change is already disrupting weather patterns, leading to extreme weather events, causing unpredictable water availability, worsening water scarcity, and contaminating freshwater supplies. OTEC is the answer.

Climate change is already worsening water scarcity — and it's in the private sector's best interest to take action. This soon-to-be-updated tool helps companies track risk in the watersheds where they do business so they can respond meaningfully and locally.

01/29/2021

"President Biden’s platform includes a $2 trillion plan to create a carbon pollution-free power sector by 2035. That could greatly benefit companies developing solar and wind power technologies. Other Biden initiatives include investments in battery storage and negative emissions technologies". OTEC technology fits within these initiatives and we are already working with our advisors to make sure we apply for any programs that we could qualify for.

The future looks bright for solar and other renewable energy technology

02/05/2020

Podcast by Dr. Patrick Takahashi. In 2011, OTE’s Jeremy Feakins met to discuss OTEC with Dr. Takahashi.

Ocean thermal energy conversion (OTEC) uses the temperature difference between cooler deep water and warmer surface-level water to run a heat engine to produce useful work, usually in the form of electricity. Fresh water is a byproduct of this process.

07/09/2019

Opportunity Zones can drive development of US renewable energy, according to this Forbes article. Our first two OTEC EcoVillages are planned for two areas in Opportunity Zones - the US Virgin Islands and Puerto Rico.

In the United States, Opportunity Zones (OZs) have provided developers with new possibilities. The race is now on to determine whether renewable energy developers can catch up to their real estate counterparts in utilizing this new tool.

07/07/2019

This is why we need OTEC! Unlimited water and inexpensive fossil free electricity.

Water scarcity is one of the greatest challenges of our time. How we can address it in agriculture 👇

06/05/2019

This is why the US Virgin Islands needs OTEC! OTEC will provide more water than the USVI will ever need. Coming soon to St Croix!

The V.I. will officially be added to the U.S. Drought Monitor map on June 6, 2019, said Brad Rippey of the United States Department of Agriculture, who is helping organize the drought monitoring efforts in the V.I.

05/06/2019

Our Company is committed to bringing basic human necessities - electricity, water, food production, and security - to many communities around the world. Our renewable energy ( ) and water supply solutions offers people living in tropical and subtropical regions of the world an opportunity to achieve life-sustaining independence.

https://mailchi.mp/otecorporation/ote-shareholder-update-november-1916165?fbclid=IwAR3hwXepyXrxlnnmYNCLQYmaJnHq-KHrWfMb9I8yO91ob0FJNNDL8iZsKF0

05/05/2019

Puerto Rico Secretary of Economic Development: "This is a project that I dare bet is the most innovative and cutting-edge…of DDEC that we are promoting. With the ramifications and all the direct and indirect impacts this project is going to have, it really is something different.”

Industrial Park Would Cater to Manufacturers that Rely on Deep Cold Water, Ocean Thermal Energy Conversion

04/28/2019

Ford electric vehicles and hybrids: our EcoVillage will only allow electric vehicles powered by OTEC produced electricity.

From Bronco to Mustang and F-150, Ford and Lincoln will soon have many more electric cars, trucks, and plug-in hybrid choices.

04/28/2019

Gov. Ricardo Rosselló delivered his third State of the Commonwealth address Thursday, vowing to position Puerto Rico as an “Island of Innovation.” Our OTEC EcoVillage fits squarely in Puerto Rico's recovery and future stability.

Gov. Ricardo Rosselló delivered his third State of the Commonwealth address Thursday, vowing to implement a number of measures to reposition Puerto Rico and support its recovery. During his speech …

04/18/2019

Investors are getting behind companies that put environmental, social, and governance (ESG) factors as priorities in their operations.

For almost 50 years, Earth Day has been recognized as the largest civic-focused day of action in the world. Since April 22, 1970, Americans have sought out ways to be stewards of the environment through planting trees, riding a bike to work, or cleaning up a community garden. While these actions are