We are pleased to let you know that the Natural Energy Laboratory of Hawaiʻi Authority (NELHA) Board of Directors has authorized final lease negotiations with OTEC International LLC (OTI) to construct a one-megawatt full-cycle demonstration plant at the Hawai‘i Ocean Science and Technology (HOST) Park at Keahole Point in Kailua-Kona, Hawai‘i.
The NELHA board voted unanimously Jan. 31 to approve in concept OTI’s plan for the ocean thermal energy conversion (OTEC) facility.
“NELHA’s facility was founded for OTEC research and has been the foremost site in the world since 1974,” said Eileen O’Rourke, chief operating officer of OTI. “We are excited at the prospect of bringing our full-cycle test there.”
The full story on the NELHA board’s action can be found here.
OTI’s team spent two weeks in Hawai‘i in January meeting with government, business and community stakeholders in Hawai‘i—both on O‘ahu and Hawai‘i Island—explaining OTI’s plans and its business model of triple bottom line: environmentally friendly, socially meaningful and financially successful.
For its off-shore commercial plants, OTI is negotiating with Hawaiian Electric Company for a 100 MW plant off O‘ahu and with the Caribbean Utilities Company for a 25 MW plant and in preliminary discussions with other utilities.