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Ocean Thermal Energy Corporation (OTE) is a USA based Company with a focus on two proven deep water hydrothermal technologies that can provide tremendous business opportunities and environmental benefits across the globe:
- Ocean Thermal Energy Conversion (OTEC) uses warm and cold ocean water temperature differentials to make renewable, clean 24/7 baseload electricity, without burning fossil fuels.
- Seawater Air Conditioning (SWAC) utilizes the abundant deep cold ocean water for cooling buildings; reducing electricity consumption by 80 – 90% when compared to conventional systems.
Both proven technologies can dramatically lessen carbon emissions and produce plentiful amounts of fresh drinking water, relieving serious water shortages worldwide. OTEC is economically viable and a reliable source of sustainable energy while several SWAC systems are successfully operating in multiple locations.
Every project can substantially decrease our customer’s energy costs and carbon footprint. And with OTE’s SWAC and OTEC facilities having hundreds of potentially favorable locations in the tropics and sub-tropics, where three billion people live, our proven global game-changing technologies can now bring immense economic, environmental and humanitarian benefits around the world.
Thank you for considering joining us and our hundreds of financially savvy and caring investors, who are valued members of the OTE community, helping to grow their company into a global business success, making a positive difference in the lives of millions of people worldwide.
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**To be considered an accredited investor, per SEC Rule 501, he or she must have a net worth of at least one million US dollars, not including the value of one’s primary residence or have income of at least $200,000 each year for the last two years (or $300,000 together with his or her spouse if married) and have the expectation to make the same amount this year. To view the full text of the definitions of accredited investor, please go to: http://www.sec.gov/answers/accred.htm.
*Ocean Thermal Energy Corporation is currently seeking investment through a Regulation D, Rule 506(c) private placement offering from investors who meet the definition of “accredited investors” under Rule 501 of Regulation D. This is not an offer to sell nor a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only by means of delivery of a confidential private offering memorandum to individuals who are able to provide certification to the company of their accredited status.