Ocean Thermal Energy (OTE) Corporation builds and operates clean hydrothermal energy plants worldwide using the proven technologies of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC). Under the direction of their investor-turned-CEO Jeremy Feakins, OTE has enthusiastically furthered its mission of delivering to developing nations base-load (24/7) renewable electricity, energy saving air conditioning systems, and water for drinking and sustainable food production. OTE proprietary designs are now ripe for commercialization. These game-changing technologies tap into the energy contained in the world’s oceans, whose surface waters store 80% of the sun’s heat every day. Using this massive energy source in conjunction with cold deep ocean water, OTE produces affordable 24/7 clean electricity and water for drinking, aquaculture, and agriculture -- which is a company goal Jeremy Feakins has long been waiting for. OTE's technologies are established and proven, operating at various test and commercial operations in numerous locations. Jermy Feakins and the OTE management team have established a noteworthy pipeline of projects with a signed energy services agreement (ESA), four signed memoranda of understanding (MoU) and proposals to the United States Department of Agriculture (USDA) and United States Department of Defense (USDoD). OTE traces its roots back to 1988 and has a multidisciplinary team of experienced corporate executives, scientists and ocean engineers, together with strong strategic alliances with premier corporations and financing institutions. Since then, Jeremy Feakins, who came to the company in 2011, and the OTE team have been working hard to bring their solutions to light. Jeremy Feakins and OTE have been featured in Forbes, Marine Energy Biz, and Lancaster Online. Headquartered in Lancaster, Pennsylvania USA, OTE has offices in Pennsylvania, Virginia, Hawaii, The Bahamas, and Cayman Islands.
Company Name | Ocean Thermal Energy Corporation |
Business Category | Geothermal |
Address | 800 South Queen Street Lancaster Pennsylvania United States ZIP: 17603 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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