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Ocean Thermal Energy Corporation (CPWR)

OTC Markets EXMKT - OTC Markets EXMKT Delayed price. Currency in USD
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0.00620.0000 (0.00%)
At close: 09:30AM EDT

Ocean Thermal Energy Corporation

3675 Market Street
Suite 200
Philadelphia, PA 19104
United States
717 299 1344
https://otecorporation.com

Sector(s)Utilities
IndustryUtilities - Renewable
Full-time employees2

Key executives

NameTitlePayExercisedYear born
Mr. Jeremy P. FeakinsChairman of the Board, CEO, CFO, Secretary & Treasurer568.42kN/A1954
Mr. Gerald S. Koenig Esq.General Counsel & Head of Government AffairsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ocean Thermal Energy Corporation, together with its subsidiaries, engages in the development of projects for renewable power generation, desalinated water production, and air conditioning worldwide. It is involved in the design and development of ocean thermal energy conversion, and seawater and lake water air conditioning plants for commercial properties, utilities, and municipalities. The company produces electricity through ocean thermal electrical conversion plants and provides air conditioning for large commercial buildings or other facilities through seawater air conditioning and lake source cooling plants. It also produces fresh and desalinated water for human consumption, agricultural, mariculture, and fish farming/aquaculture uses. In addition, the company is involved in the development and commercialization of EcoVillages, a socially, economically, and ecologically sustainable communities. It has strategic relationships with DCO Energy, LLC. The company was founded in 1998 and is headquartered in Philadelphia, Pennsylvania.

Corporate governance

Ocean Thermal Energy Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.