Finance

Lockheed Martin wins funds for ocean thermal energy An artist's impression of an OTEC platform at sea

Lockheed Martin wins funds for ocean thermal energy

Lockheed Martin has been awarded a pair of grants totalling $1m to help toward commercialisation of utility-scale Ocean Thermal Energy Conversion (OTEC) which uses a cycle of solar-heating and condensing tropical seawater to generate power.

Published: Thursday, March 18 2010

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