Strategic Alliances

OTE is recognized as the leader in Ocean Thermal Energy Conversion. Major engineering and defense companies from around the world see our potential and have encouraged OTE to sign strategic and/or teaming agreements with them. Much support is being received from these large, successful companies including investment, Board of Director involvement and technical advice.

DCO Energy

  • DCO is an investor in OTE and Frank DiCola, DCO’s Chairman and CEO, serves on OTE’s Board of Directors 
  • DCO Energy, LLC (NJ, USA) is a proven leader in the development of Central Energy Centres, Combined Heat and Power facilities, Landfill Gas to Energy and Biomass projects 
  • DCO’s portfolio of projects includes 275 MW of electric, 400 MMBtu/hr of Heat Recovery, 1,500 MMBtu/hr of Boiler Capacity and 130,000 tons of Chilled Water Capacity of energy producing facilities totaling over $1 billion dollars of assets. DCO is an approved Energy Savings Company (ESCO) for Energy Savings Improvement Plan (ESIP) 
  • DCO provides EPC partnership and independent engineering services to OTE

DCNS

  • DCNS (Paris, France) is a world leader in naval defense that also develops civil nuclear and marine renewable energy 
  • Building on over 350 years of experience in naval shipbuilding and defense related work, DCNS has signed an MoU with OTE 
  • In this arrangement, OTE will act as the project owner, developer and operator and DCNS would provide EPC arrangements, including providing a “wrap” with the ability to commit on performance, price, delay and availability of OTEC power plants 
  • A joint project consisting of one OTEC plant in Southeast Asia is currently underway

Kongsberg Devotek

  • Kongsberg Devotek (Kongsberg, Norway) is a systems development company with an enviable track record 
  • OTE has signed an MoU with Kongsberg Devotek describing a strategic relationship 
  • In this arrangement, Kongsberg Devotek will provide technical solutions and future investment in OTE 
  • Kongsberg Devotek’s collaborative approach brings insight, creativity and commitment to achieving shared goals 
  • Kongsberg Devotek’s cross-disciplinary expertise has enabled the successful development of solutions for a wide range of industrial environments, from the ocean floor to outer space