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Reignwood Ocean Thermal Energy Conversion

Reignwood Ocean Thermal Energy Conversion

In 2013, Reignwood Group signed an agreement with Lockheed Martin’s Renewable Energy division to develop the first 10 Megawatt land-based OTEC (Ocean Thermal Energy Conversion) power plant in the world. With huge potential, renewable clean ocean energy is important to low carbon economy and sustainable development. Reignwood Group is the first Chinese enterprise to operate in ocean engineering and the Reignwood Lockheed Martin partnership has stimulated China-US bi-lateral industry cooperation and investment.

Reignwood Ocean Thermal Energy Conversion