Ocean Thermal Energy Corporation uses its proprietary technology to develop designs for renewable energy systems, primarily for Ocean Thermal Energy Conversion (OTEC), Seawater Air Conditioning (SWAC), and Lake Source Cooling (LSC) systems. Its geographical markets are tropical and subtropical regions of the world for OTEC, SWAC, and LSC, and worldwide markets for SWAC and LSC. It intends to develop projects for renewable power generation, desalinated water production, and air conditioning using its proprietary technologies designed to extract energy from the temperature differences between warm surface water and cold deep water. Its projects provide ancillary products such as potable/bottled water and aquaculture, mariculture, and agriculture opportunities. It is developing a project in the South Pacific under a contract with the United States Department of Defense. Its project pipeline includes commercial engagements in the Caribbean and Southeast Asia, including India and Indonesia.