Ocean Thermal Energy Conversion pilot power plant project, China
Name and Location
Ocean Thermal Energy Conversion (OTEC) pilot power plant project, China.
Client
Lockheed Martin and Reignwood Group.
Project Description
The project entails the development of an OTEC pilot power plant off the coast of southern China.
The 10 MW plant will be the largest OTEC project developed to date, supplying 100% of the power required for a green resort to be built by Reignwood Group.
OTEC uses the natural temperature difference in the ocean in tropical regions and uses it to create power and, unlike other renewable-energy technologies, this power is also baseload, which means it can be produced consistently, 24 hours a day, 365 days a year. The project will lay the groundwork for the development of several additional OTEC power plants, ranging in size from 10 MW to 100 MW.
Value
Not stated.
Duration
Not stated.
Latest Developments
A memorandum of agreement has been signed between Lockheed Martin and Reignwood Group for the development of the project.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Lockheed Martin, Peter Folland, tel +44 207 973 5935 or email peter.folland@hkstrategies.com.
Reignwood Group, tel +86 10 8528 9052.
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