Ocean Thermal Energy Corp. CPWR

What this company does

We use our proprietary technology to develop designs for renewable energy systems, primarily for Ocean Thermal Energy Conversion (“OTEC”), Seawater Air Conditioning (“SWAC”), and Lake Source Cooling (“LSC”) systems. Our geographical markets are tropical and subtropical regions of the world for OTEC, SWAC, and LSC, and worldwide markets for SWAC and LSC. We develop projects for renewable power generation, desalinated water production, and air conditioning using proprietary intellectual property designed and developed by our own oceanographers, engineers, and marine scientists. We expect to use our technology to develop OTEC and SWAC/LSC systems for various applications for potential customers in tropical and subtropical regions, the U.S. Department of Defense, and the U.S. Department of Agriculture. Our vision is to bring our technologies to tropical and subtropical regions where approximately three billion people live.

Written from the business description in Ocean Thermal Energy Corporation's annual report to the U.S. Securities and Exchange Commission, filed 24 March 2026. Every sentence was checked against that document before publication.