Other News

IRENA Evaluates Four Ocean Energy Technologies

The International Renewable Energy Agency (IRENA) has published a series of technology papers exploring the potential for power generation and other sustainable applications from ocean energy. The papers cover the main features and current status of four technology types: tidal energy; wave energy; ocean thermal energy conversion; and salinity gradient energy.

Describing ocean thermal energy conversion as having the highest potential of all ocean energy technologies, the respective Brief notes that: these technologies could… Continue reading

2nd OTEC Symposium proceedings

The International OTEC Symposium 2014 was held from June 20 to June 21, 2014 in Goseong, Korea. Seawater Utilization Plant Research Center (SUPRC) of Korea Research Institute of Ships and Ocean Engineering (KRISO) hosted the symposium to share all valuable information on OTEC from academic and industrial sectors. About 50 OTEC experts from all over the world including the Malaysia, USA, Japan, Netherlands, Fiji, Ghana and Korea have participated in the symposium giving brilliant thoughts… Continue reading

20,000 megawatts under the sea

New Scientist published an article about the many promises of Ocean Thermal Energy Conversion (OTEC), and the need and increasing momentum for OTEC to become part of the 21st century’s renewable energy mix, including a nice visual overview of OTEC projects  getting under way around the world:

OTEC Africa conference presentations

OTEC_Africa_logoLast month, the two-day OTEC Africa conference was held at The School of Business and IT at the University of Borås, Sweden. It was a nice and informal gathering with a good opportunity to connect to people who share the OTEC-vision. The conference was organized by OTEC Africa, and hosted a wide variety of speakers. The conference organizers and speakers have made available some of the presentations that were given at the OTEC… Continue reading

Launch of Knowledge Center on Organic Rankine Cycle technology

Last week, 7 – 8 October 2013, the ORC 2013 conference was hosted by Delft University of Technology in the Netherlands. In attendance of 400 professionals, there were lively discussions on the latest advancements of Organic Rankine Cycle (ORC) technology, which is at the basis of OTEC.

The conference also meant the start of the Knowledge Center on Organic Rankine Cycle technology (http://www.kcorc.org/en/), providing a hub for information sharing, networking and education in… Continue reading

Ocean Thermal Energy Corporation Announces $7,650,000 Equity Offering

logo-oteToday, Ocean Thermal Energy Corporation (OTE)  announced that the Company has launched its $7,650,000 Equity Offering of the Company’s Common Shares pursuant to the Jumpstart Our Business Startups (JOBS) Act, a bipartisan bill that enacts many initiatives to encourage business growth, job creation, and support the United States’ economic advancement. OTE is offering 9,000,000 Shares of its Common Stock for $0.85 per share ($7,650,000 in the aggregate).

click here for the full press release

OTEC symposium Honolulu

On September 9th,  the Asia Clean Energy Summit in combination with the International OTEC Symposium and the Islands & Isolated Communities Congress was opened with a inspiring and passionate keynote from Neil Abercrombie, Governor of the State of Hawaii, stating that energy goals are fundamental to our survival and to maintain the liberty to determine our own future.

Climate-KICThe OTEC symposium continued with a high-profile panel with speakers from France, the Netherlands, Korea, Malaysia,… Continue reading

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