July 28, 2014 9:21 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Ocean Thermal Energy Corporation

Company Overview

Ocean Thermal Energy Corporation, a renewable energy company, engages in the construction, ownership, and operation of commercial ocean thermal energy conversion (OTEC) power plants. The company’s OTEC facilities engage in electricity generation, pure drinking water production, and fish-farmed food production activities. Its OTEC technology is a base-load renewable energy production process that uses the ocean's temperature differential between the warm surface water and the cold deep water to generate electricity and potable water. Ocean Thermal Energy Corporation was formerly known as Ocean Engineering & Energy Systems. The company was founded in 1998 and is based in Lancaster, Pennsylvani...

800 South Queen Street

Lancaster, PA 17603-5818

United States

Founded in 1998





Key Executives for Ocean Thermal Energy Corporation

Chairman of the Board and Chief Executive Officer
Age: 60
Chief Financial Officer
Vice President of Operations
President of Otec Innovation Group
Senior Vice President of Otec Programs
Compensation as of Fiscal Year 2014.

Ocean Thermal Energy Corporation Key Developments

Ocean Thermal Energy Corporation Appoints Roy A. Bernardi to Advisory Board

Ocean Thermal Energy Corporation announced the appointment of former Acting Department of Housing and Urban Development Secretary Roy Bernardi to its advisory board. Secretary Bernardi was nominated by President George W. Bush as Deputy Secretary of HUD and was confirmed by the U.S. Senate on November 21, 2004.

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