Ocean Thermal Energy (OTE) Corporation is a pioneer in the development and operation of clean hydrothermal energy plants, leveraging the advanced technologies of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC). Our mission is to deliver reliable, renewable energy solutions, providing 24/7 baseload electricity, energy-efficient air conditioning systems, and essential resources like drinking water and sustainable food production to developing nations. Our proprietary designs are now ready for commercialization, harnessing the vast energy stored in the world’s oceans. By utilizing the sun's heat absorbed by surface waters and the cold depths of the ocean, OTEC generates continuous, affordable clean electricity and fresh water for drinking, aquaculture, and agriculture. Backed by decades of research and development, OTE's technologies are proven and robust, thanks to the dedication of our scientists and engineers. We have a strong pipeline of projects, including proposals to the U.S. Department of Defense, and are fielding inquiries from countries such as India and the Philippines. Our future looks bright with numerous exciting projects on the horizon. Founded in 1988, OTE boasts a multidisciplinary team of seasoned corporate executives, scientists, and ocean engineers. We have formed strategic alliances with leading corporations and financial institutions. Our work has been highlighted in prominent publications like Forbes, Marine Energy Biz, and Lancaster Online. Headquartered in Philadelphia, Pennsylvania, USA, we also maintain offices in the US Virgin Islands.
There is no investment information
No recent news or press coverage available for Ocean Thermal Energy Corporation.