Ocean Thermal Energy enters $3.5M professional services agreement with Johnson Controls for South Pacific OTEC facility

Ocean Thermal Energy Corp

Fixed fee of $3,504,796 for sub-contractor services on an OTEC and desalination facility.
Agreement effective December 17, 2024, with Johnson Controls Government Services for US federal government.
Project completion target by June 30, 2026; services include development and engineering.
Facility to be located in the South Pacific.

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