Precio Ocean Thermal Energy Corp (CPWR)

Ocean Thermal Energy Corp. engages in the building, owning, and operation of renewable energy systems. The company is headquartered in Philadelphia, Pennsylvania and currently employs 2 full-time employees. The company went IPO on 2006-10-27. The firm's geographical markets are tropical and subtropical regions of the world for OTEC, SWAC, and LSC and worldwide markets for SWAC and LSC. The company develops projects for renewable power generation, desalinated water production, and air conditioning using its proprietary technologies designed to extract energy from the temperature differences between warm surface water and cold deep water. In addition, the Company's projects provide ancillary products such as potable/bottled water and aquaculture, mariculture, and agriculture opportunities. SWAC//LSC is a process that uses cold water from locations such as the ocean or deep lakes to provide the cooling capacity to replace traditional electrical chillers in an air conditioning system.