OTEC

Bahamas studying ocean thermal energy conversion potential
A consortium of Global OTEC, a UK-based pioneer in ocean thermal energy conversion (OTEC) development, and the Oceanic Platform of the Canary Islands (PLOCAN) has been selected to study a site in the Bahamas for OTEC. This has been requested by the Government of the Bahamas to provide an evidence ba

Platform that turns ocean temperature differences into electricity installed in Spain
UK-based pioneer in ocean thermal energy conversion (OTEC) development, Global OTEC, has installed a floating prototype offshore Spain designed to produce electricity by using the temperature difference between warm surface water and cold deep ocean water. It is said to be the first purpose-built of

Readers’ choice: Offshore Energy’s most-read news in 2025
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops
UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

UK opens Allocation Round 7 for contracts for difference scheme
The UK government opened the application window for Allocation Round 7 (AR7) of the Contracts for Difference (CfD) scheme on August 7, 2025. The window will remain open until August 27, 2025. The CfD scheme has so far supported 10 GW of renewable capacity, with another 23 GW contracted to be operati

Global OTEC signs new Hawaii partnership
UK-based Global OTEC has signed a memorandum of understanding (MoU) with Hawaii-based Makai Ocean Engineering to supply thin foil heat exchanger (TFHX) technology for its OTEC Power Module system. According to Global OTEC, Makai’s TFHX will be integrated into Global OTEC’s modular offshore unit, des

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EU places ocean energy at heart of clean power push
The European Commission has included ocean energy among the technologies eligible under the 5% innovation target set by the EU Renewable Energy Directive. According to Ocean Energy Europe (OEE), a network of ocean energy professionals, the guidance issued on July 2, 2025, calls on member states to e

Barbados to explore ocean thermal energy development with Global OTEC
The Barbados Investment & Development Corporation (BIDC) has signed a memorandum of understanding (MoU) with UK-based Global OTEC to collaborate on the deployment of ocean thermal energy conversion (OTEC) systems in Barbados. The agreement involves cooperation through BIDC’s Bloom Clean Technology a

Global OTEC unveils ‘largest onshore’ OTEC pilot to date
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t

Global OTEC prepares for first deployment in Atlantic Ocean (Video)
UK-based company Global OTEC is preparing to deploy its floating cylindrical hull into the Atlantic Ocean, with operations set to begin once weather conditions allow. The deployment will take place at the Oceanic Platform of the Canary Islands (PLOCAN) off Gran Canaria, Spain. The company recently c

Global OTEC and UFRJ partner to boost Brazil’s ocean thermal energy conversion
Global OTEC and Brazil’s COPPE/UFRJ have signed a memorandum of understanding (MoU) to collaborate on advancing the country’s ocean thermal energy conversion (OTEC) technology. According to Global OTEC, the two-year partnership will focus on joint research projects, knowledge exchange, and technolog

$3.5M contract sets stage for OTEC deployment at remote US Army base
The U.S. renewable energy company Ocean Thermal Energy Corporation (OTE Corp) has secured a $3.5 million contract from Johnson Controls for engineering planning and design under the U.S. Army’s Deep Energy Retrofit Assessment program at the U.S. Army Garrison Kwajalein Atoll (USAG-KA), a remote inst

Readers’ choice: Offshore Energy’s most-read news of 2024
With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30