Ocean Thermal Energy Corporation, a renewable power generation group of Companies with proven proprietary technology, is working with multiple islands and developing nations around the world to build, own and operate renewable energy systems based upon the principles of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC). These systems provide thermal electric power and chi
lled water to communities and industry for fossil-fuel free energy, air conditioning and process cooling. The Group’s first project is currently underway. Economic benefits include:
• Production of base-load (24/7) electrical energy without the use of fossil fuels, using the solar heat trapped in the sea
• Production of air conditioning for buildings though cold water obtained from the deep ocean
• Production of desalinated water for industrial, agricultural, and residential uses
• Providing a resource for on-shore and near-shore aquaculture and mariculture operations
• Providing moderate-temperature refrigeration
• Significant potential to provide clean, cost-effective electricity for literally millions of people worldwide
• Ability to produce fuels such as hydrogen, ammonia and methanol
