Partnership to build world's largest OTEC plant off China coast
Wednesday, April 24, 2013 - 11:20
in Mathematics & Economics
(Phys.org) —Hong Kong based Reignwood Group and U.S. aerospace company Lockheed Martin have announced plans to build an Ocean Thermal Energy Conversion (OTEC) electricity generating plant off the coast of China to power a planned resort community. Lockheed Martin is to build the facility and run it, while the Reignwood Group will be building the resort community that is to use the power generated. The new plant is expected to produce 100 percent of the power needs of the community.