Lockheed Plans 10-MW Thermal Energy Plant Off China Coast

Law360, New York (April 16, 2013, 3:27 PM EDT) -- Lockheed Martin Corp. on Tuesday said it's building a 10-megawatt power plant off the coast of southern China that will use ocean water temperatures to produce electricity for a new resort community, the largest project ever for a long-explored type of renewable energy.

The deal, announced on the heels of a weekend ceremony attended by U.S. Secretary of State John Kerry, calls for creation of plant employing so-called ocean thermal energy conversion to extract power by manipulating hot and cold seawater in a cycle that can...
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