Ocean Thermal Energy Company Description
Ocean Thermal Energy Corporation operates as a renewable energy technology company.
The company engages in the power generation activities through ocean thermal energy conversion (OTEC) technology that harnesses the natural temperature differences in tropical and subtropical ocean waters to produce power.
Its seawater air conditioning (SWAC) and lake source cooling (LSC) technologies offer a high-efficiency cooling solution for crypto mining operations, AI data centers, and machine learning clusters.
The company provides power and desalinated water. It serves governments, military installations, and commercial customers, independent energy, freshwater solutions, U.S. military bases, and stable food production.
Ocean Thermal Energy Corporation was founded in 1998 and is headquartered in Philadelphia, Pennsylvania.
| Country | United States |
| Founded | 1998 |
| Industry | Utilities - Renewable |
| Sector | Utilities |
| Employees | 2 |
| CEO | Jeremy Feakins |
Contact Details
Address: 3675 Market Street Philadelphia, Nevada 19104 United States | |
| Phone | 717-299-1344 |
| Website | otecorporation.com |
Stock Details
| Ticker Symbol | CPWR |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US6751011098 |
| SIC Code | 4911 |
Key Executives
| Name | Position |
|---|---|
| Jeremy P. Feakins | Chairman of the Board, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer |
| Gerald S. Koenig Esq. | Executive Vice President and General Counsel |