Lancaster, PA (PRWEB)
June 20, 2017
Ocean Thermal Energy Corporation (OTCQB: TDYSD) (the “Company”, “we” or “OTE”), a project developer for Ocean Thermal Energy Conversion (“OTEC”), clean hydrothermal energy plants, and Seawater District Cooling/Seawater Air Conditioning (“SWAC”) cooling plants, today announced that New York Times bestselling and award-winning National Geographic author Thomas M. Kostigen has joined OTE’s board of advisors.
Mr. Kostigen comes to the board as a Senior Sustainability Advisor to advocate for OTE and its technology, which promulgates renewable energy and fresh water to communities in need around the globe. He will also work with management in its efforts to create awareness of OTE within the impact investing community. Impact investments seek to foster positive social and financial returns. They address social challenges, such as natural resource inefficiencies, community development, or education, among other issues, while at the same time providing investment opportunities. Impact investing is one of the fastest growing segments in financial services and OTE is proud to be a member of its chorus.
“Tom Kostigen is well-known within environmental and impact investing circles. His standing in this community, combined with his unique skill set, make him a strong addition to the OTE team. We look forward to his support in furthering our mission,” said Jeremy P. Feakins, Chairman and CEO of Ocean Thermal Energy Corporation.
Mr. Kostigen said, “I am excited to be part of OTE during this important phase of development. OTE’s solutions to the lack of affordable and sustainable energy and water in developing nations are what the world needs today. Abdication of climate policy by the USA on a federal level necessitates further and more large-scale actions by companies and individuals. I believe that…