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Last updated on April 17, 2014 at 13:30 EDT

Latest ocean energy Stories

2014-03-26 23:23:00

Limitless clean renewable energy - Crowd Energy has launched a, first of its kind, Kickstarter crowdfunding campaign to fund the construction and development of the Ocean Energy Turbine. Zephyrhills, FL (PRWEB) March 26, 2014 Crowd Energy, having completed construction and successful testing of its first generation prototype of the Ocean Energy Turbine, has launched a major Kickstarter campaign on March 24 2014 to construct a second generation turbine and move the project to (SNMREC)...

2014-02-05 23:03:55

Limitless clean renewable energy - Crowd Energy will be launching a first of its kind Kickstarter crowdfunding campaign in March 2014 to fund the construction and development of the Ocean Energy Turbine. Zephyrhills, FL (PRWEB) February 05, 2014 Crowd Energy, having completed construction and successful testing of its first generation prototype of the Ocean Energy Turbine, will launch a major Kickstarter campaign in March 2014 to construct a second generation turbine and move the project...

2014-01-30 16:22:52

WASHINGTON, Jan. 30, 2014 /PRNewswire/ -- OTEC International LLC (OTI) principals recently presented to The World Bank Energy Sector Management Assistance Program (ESMAP) on the fundamentals of ocean thermal energy conversion (OTEC) technology, along with OTI's commercial projects on the horizon. A comprehensive discussion about this important baseload renewable energy technology and its optimal markets was led by Eileen O'Rourke, OTI's Chief Operating Officer, and Barry Cole, OTI's...

2013-12-03 23:22:10

Offering a way for crowdfunding to save the planet, CrowdEnergy.org introduces an enterprising renewable ocean energy solution that can only be described as a viable replacement for Fossil Fuel and Nuclear Energy Dependency. Zephyrhills, FL (PRWEB) December 03, 2013 With their eye on change, CrowdEnergy.org succinctly asks the question, “What could humanity accomplish with unlimited fresh water and unlimited clean energy?” Bravely armed with a revolutionary idea the organization...

2013-10-30 16:21:03

Project will build the world's largest OTEC plant BALTIMORE, Oct. 30, 2013 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Reignwood Group have signed a contract to start design of a 10-megawatt Ocean Thermal Energy Conversion (OTEC) power plant, which, when complete, will be the largest OTEC project to date. Lockheed Martin is the industry leader in the development of OTEC technology, holding 19 related patents. The Lockheed Martin-Reignwood 10-megawatt plant is considered to be a...

2013-10-15 08:24:18

LANCASTER, Pa., Oct. 15, 2013 /PRNewswire/ -- Ocean Thermal Energy Corporation ("OTE"), a leading developer of Seawater District Cooling ("SDC") and Ocean Thermal Energy Conversion ("OTEC") systems, today announced that the Company has launched its $7,650,000 Equity Offering of the Company's Common Shares with Mission Markets transaction platform for the sustainable capital markets. Mission Markets' goal is to help unlock the full potential of capital markets by integrating...

2013-09-24 08:22:54

Company to attract accredited investors under the Securities and Exchange Commission new rule to implement a JOBS Act requirement that lifts the ban on general solicitation or general advertising for certain private securities offerings LANCASTER, Pa., Sept. 24, 2013 /PRNewswire/ -- Ocean Thermal Energy Corporation (OTE), a leading developer of Seawater District Cooling (SDC) and Ocean Thermal Energy Conversion (OTEC) systems, today announced that the Company has launched its...

2013-08-07 16:21:55

Co-located with the Islands & Isolated Communities Congress and International OTEC Symposium, the joint events provide global solutions to island, climate, and military resiliency. HONOLULU, Aug. 7, 2013 /PRNewswire/ -- The Asia Pacific Clean Energy Summit & Expo will take place September 9-11, 2013 at the Hawaii Convention Center, Honolulu, HI. The co-located Islands & Isolated Communities Congress and the International OTEC Symposium will run concurrently with the Summit. More...

2013-04-16 08:20:58

Prototype Plant to be First Project in the Multi-Billion Dollar Clean Energy Agreement BALTIMORE, April 16, 2013 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday. Following the ceremony, both companies met with United States Secretary of State John...

2011-11-30 19:30:00

SYDNEY, Nov. 30, 2011 /PRNewswire/ -- Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O'Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied towards the $14 million pilot demonstration of the company's 250kW bioWAVE ocean wave energy system at a grid-connected site near Port Fairy, Victoria. "In...