Ocean Thermal Energy Corp.

Ocean Thermal Energy Corp.

Ocean Thermal Energy Corp.

Date Founded




Type of Company


Employees (Worldwide)



Alternative Energy
Power & Utilities

Company Description

Ocean Thermal Energy Corp. is a project developer in the renewable electricity and potable water business. The company designs Ocean Thermal Electrical Conversion (OTEC) power plants and Seawater Air Conditioning (SWAC) plants. These technologies provide clean drinking water, plentiful food, and sustainable, affordable energy. OTEC plants leverage the temperature difference in the ocean between cold deep water and warm surface water in the tropics and subtropics to generate unlimited energy without the use of fossil fuels. Some of the seawater running through the plants can be desalinated, producing thousands of cubic meters of fresh water daily for agriculture and human consumption. The cold, nutrient-rich seawater can be used to cool buildings for fish farming and aquaculture. SWAC systems produce air conditioning without the use of chemical agents. This technology uses less fresh water and reduces environmental impact when compared to traditional air conditioning methods. The company was founded on October 18, 2010 and is headquartered in Lancaster, PA.

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Executives & Employees

Owners Engineer & Advisor

Chairman of the Board, Chief Executive Officer, Chief Financial Officer, Secretary & Treasurer

General Counsel Head of Government Affairs

Chief Science Advisor

Marketing Director

Senior Vice President of Caribbean Operations

Vice President of Bahamas Operations

Vice President of Project Management

Senior Technical Advisor

Financial Consultant

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Ocean Thermal Energy Corp.
Recent Transactions
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Ocean Thermal Energy Corp. raised money in a private placement transaction

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Ocean Thermal Energy Corp. raised money in a private placement transaction

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TetriDyn Solutions, Inc. purchases Ocean Thermal Energy Corp. (Inactive) resulting in a new company Ocean Thermal Energy Corp.

Key Stats and Financials As of 2018
Market Capitalization
Total Enterprise Value
Earnings Per Share
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Debt TEV
Three Year Compounded Annual Growth Rate Of Revenue
Five Year Compounded Annual Growth Rate Of Revenue
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