Financial News
Company Makes Progress in Building Storm-Resistant Clean-Energy System for Tropical Locations
The European Union’s PLOTEC project has made notable progress in the development of a storm-resistant clean-energy system for use in tropical locations. Called the Ocean Thermal Energy Conversion (OTEC), the prototype generates electricity by using the temperature difference between colder deep water and warm surface water.
In addition, the system can withstand severe tropical storms, and its design allows it to continue to generate electricity 24/7, even in the wake of major tropical storms, providing a perpetual clean-energy source that can run even after severe weather events in the tropics. The prototype is currently in…
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