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Friday, June 15, 2007

Xenesys signs OTEC deal with Kuwait National Petroleum Company
OTEC

According to a Xenesys press release, they have signed a memorandum of understanding with Kuwait National Petroleum Company with regards to building an OTEC facility for power generation and fresh water production. The contract is expected to be worth about US$16 million (2 billion yen).

posted by bjelkeman at 00:20

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