Although Lockheed Martin is usually associated with aerospace technologies, the company is working with Beijing-based Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China.
The two companies signed a memorandum of agreement in Beijing last week. Following the ceremony, both companies met with US Secretary of State John Kerry during his first official state visit to the People’s Republic of China.
Read more at Energy Manager Today.
