The startup specializes in converting solar energy absorbed by tropical oceans into electricity and renewable fuels, utilizing ocean thermal energy conversion (OTEC) technology. This approach provides small island developing states with a sustainable energy source, reducing reliance on fossil fuels and enhancing energy security.
Funding
$770K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CVFounders
Product
Problem
Small Island Developing States (SIDS) and offshore operations often rely on fossil fuels for power generation, leading to high energy costs, carbon emissions, and dependence on fuel imports. Renewable energy solutions like solar and wind can be intermittent, failing to provide the consistent baseload power needed for continuous operations.
Solution
Global OTEC provides a modular Ocean Thermal Energy Conversion (OTEC) system that generates clean, baseload electricity 24/7 by harnessing the temperature difference between warm surface seawater and cold deep seawater. The OTEC Power Module® is a self-contained, scalable unit that uses the Organic Rankine Cycle to produce electricity without requiring land space or fossil fuels. This technology offers a sustainable and resilient energy source for tropical islands, offshore facilities, data centers, and green fuel production, reducing reliance on imported fuels and lowering carbon footprints. The system can be deployed as an onshore or offshore solution, providing a continuous and reliable power supply regardless of weather conditions.
Target Audience
The primary target audience includes Small Island Developing States (SIDS), offshore production facilities, data centers, green fuel producers, ports, cruise terminals, and eco-tourism resorts in tropical and subtropical regions.
Features
- Modular OTEC Power Module® with scalable increments up to 500 kW of gross installed capacity
- Self-contained skid with integrated safety and control systems for local and remote operation
- Utilizes the Organic Rankine Cycle to convert thermal energy into electricity
- Continuous 24/7 baseload power generation, independent of weather conditions
- Suitable for both onshore and offshore deployment
- Cold deep-sea water can be harnessed for efficient cooling of data center infrastructure
- Designs for storm-prone regions