Ocean Thermal Energy Corporation (“OTE” or “the Company”) (ISIN: SE0006028023, CUSIP: 675100101), a turnkey supplier of Ocean Thermal Energy Conversion (OTEC), Seawater Air Conditioning (SWAC), and Desalinated Water systems worldwide, announces that it has received an official order (Docket 659, Order 66/2016) from the Virgin Islands Public Services Commission approving ...
The awareness of human induced effects on the environment has been in the public domain for nearly 200 years. Dating back to 1824, French physicist Joseph Fourier brought to light the impact of greenhouse gases on our environment. Yet since Fourier’s observation of this basic scientific truth, global carbon dioxide (CO2) levels have grown exponentially, passing the 400 parts per million ...
Proton Power (AIM: PPS), a designer, developer and producer of fuel cells and fuel cell electric hybrid systems, announced that it has signed a Partnership and Exclusivity Agreement with L-3 Communications Combat Propulsion Systems (L-3 CPS). Under this agreement, L-3 CPS will market and sell Proton Power’s Fuel Cell Power Systems for use in propulsion systems, marine and Universal Power Supply ...
Ocean Thermal Energy Corporation (OTE Corporation) today announced the appointment of former Acting Department of Housing and Urban Development (HUD) Secretary Roy Bernardi to its advisory board. "Our Company is indeed fortunate to have someone of Secretary Bernardi's stature and talent as a member of our team," said Jeremy P. Feakins, Chairman of the Board and Chief Executive Officer at OTE ...
Water makes up seventy one percent of the planet earth and ninety eight percent of it constitutes the ocean. It is a single source of water for all forms of life on earth and it also plays an important role in climate changes in the atmosphere. Ocean is the biggest heat sink and absorbs sun’s heat and also a carbon sink absorbing excess carbon dioxide from atmosphere. The surface ...
Ocean Thermal Energy Corporation (OTE Corp.) and Bahamas Electricity Corporation (BEC) today signed a Memorandum of Understanding (MoU) to further the development of two ocean thermal energy conversion plants in The Bahamas in concert with BEC's strong policy to promote renewable energy resources in The Bahamas to maximize Bahamian energy independence and environmental benefits. This ...
Lorenzo Tocci will be presenting his work and new paper at ECOS 2018. The paper entitled A Neural Network approach to the optimal design of radial inflow turbines for ORC applications will be presented Thursday 21 according to the technical program. Organic Rankine Cycle (ORC) is widely considered as a promising technology for the exploitation of low grade thermal energy for the conversion into ...
The Energy Department's (DOE) National Renewable Energy Laboratory (NREL) recently made two key hires to lab leadership positions. NREL has named Peter Green as the new Deputy Laboratory Director for science and technology and Julie Baker as Associate Laboratory Director for facilities and operations. "Peter's scientific research positions him to be the ideal leader as we look to evolve and grow ...
Original story at MIT News The U.S. Department of Energy (DOE) has announced that two MIT-led Energy Frontier Research Centers (EFRC) received funding to continue their cutting-edge research. The centers are among 32 projects that were competitively selected from more than 200 proposals as part of a second round of funding for the program. The EFRC program aims to accelerate transformative ...
The Massachusetts Institute of Technology will be home to two of 46 new multimillion-dollar Energy Frontier Research Centers (EFRCs) announced this week by the White House, in conjunction with a speech delivered by President Barack Obama at the annual meeting of the National Academy of Sciences. The EFRCs, which will pursue advanced scientific research on energy, are being established by the U.S. ...
Original story at MIT News The key to creating a material that would be ideal for converting solar energy to heat is tuning the material’s spectrum of absorption just right: It should absorb virtually all wavelengths of light that reach Earth’s surface from the sun — but not much of the rest of the spectrum, since that would increase the energy that is reradiated by the ...
Ocean Thermal Energy Corporation (OTE Corporation) today announced the appointment of three distinguished public servants to its Advisory Board: Governor Edward G. Rendell, Congressman Christopher P. Carney and Senator Lynn P. Holowesko. "Our Company is delighted to be able to draw upon the tremendous experience and varied expertise of these three visionaries, who have each shown commitment to ...
The European Commission has launched the first call for proposals for the world's largest program of investment in low carbon and renewable energy demonstration projects. The initiative, known as NER300, will provide substantial financial support for at least eight projects involving carbon capture and storage (CCS) technologies and at least 34 projects involving innovative renewable energy ...
Composite materials such as fiberglass, which take on a mix of properties of their constituent compounds, have been around for decades. Now, an MIT materials scientist is taking composites to the nanoscale, where entirely new properties, not found in any of the original compounds, can emerge. Michael Demkowicz, an assistant professor in MIT's Department of Materials Science and Engineering, is ...
The amount of venture capital entering cleantech will decline in 2012 for the first time since the global economic downturn in 2008, according to cleantech analysis and consulting company Kachan & Co. The company, with offices in San Francisco, Toronto and Vancouver, has published a set of predictions for the cleantech sector in 2012. In brief, the predictions include: 1. Cleantech ...
Island nations in the developing world are especially well placed to benefit from technology that exploits a new potential source of energy from sea water: ocean thermal energy conversion (OTEC), experts have said. The technology uses sea water from the ocean depths to generate electricity, and various pilot projects are already under way in the developing world. For example, French defence ...
Original story at MIT News Vast amounts of excess heat are generated by industrial processes and by electric power plants; researchers around the world have spent decades seeking ways to harness some of this wasted energy. Most such efforts have focused on thermoelectric devices, solid-state materials that can produce electricity from a temperature gradient, but the efficiency of such devices is ...
Dr. Desikan Bharathan, a principal engineer with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), has been recognized with a GEA Honors Award by the Geothermal Energy Association (GEA). The awards program gives special recognition to companies and individuals who have made notable achievements toward the advancement of geothermal energy technology, economic ...
Original story at MIT news. A new approach to harvesting solar energy, developed by MIT researchers, could improve efficiency by using sunlight to heat a high-temperature material whose infrared radiation would then be collected by a conventional photovoltaic cell. This technique could also make it easier to store the energy for later use, the researchers say.In this case, adding the extra step ...
The amount of venture capital entering cleantech will decline in 2012 for the first time since the global economic downturn in 2008, according to cleantech analysis and consulting company Kachan & Co. The firm, with offices in San Francisco, Toronto and Vancouver, has published a set of predictions for the cleantech sector in 2012. In brief, the predictions include: Cleantech venture ...