Ocean Thermal Energy CorpOOTC CPWR Stock Report

Ocean Thermal Energy Corporation is engaged in designing ocean thermal energy conversion (OTEC) power plants, seawater air conditioning and lake water air conditioning (SWAC/LWAC) plants for large commercial properties, utilities, and municipalities. The Company develops projects for renewable power generation, desalinated water production, and air conditioning. The Company's OTEC is a self-sustaining energy source, with no supplemental power required to generate continuous (24/7) electricity. It works by converting heat from the sun, which has warmed ocean surface water, into electric power, and then completing the process by cooling the plant with cold water from deep in the ocean. The cold water can also be used for air conditioning and desalination to produce fresh water. The Company's OTEC and SWAC/LSC systems can be engineered to produce desalinated water for potable, agricultural, and fish farming/aquaculture uses.