Message from the President

Message from the President

The unlimited possibility of future is hidden in the sea.

Our company has paid attention to this ocean energy for over 10 years, and has worked on research and development to realize and bring to commercial stages this promising technology with infinite potential; "Ocean Thermal Energy Conversion (OTEC)". With supports from our various shareholders and stakeholders, I believe now is the time to show what we have prepared for.

OTEC is a renewable energy with high expectation. According to the White Paper on Renewable Energy Technologies issued by New Energy and Industrial Technology Development Organization (NEDO) in July 2010, the road map for OTEC was drawn with technical goals of the demonstration of 1MW-scale plant by 2015 and the commencement of operation of 10MW-scale commercial plant by 2020.

The core of our capabilities is the designing of power generation system with small thermal difference and manufacturing of heat exchanger, which is the most important equipment that composes of OTEC plants. We believe our unique plate type heat exchanger is the most suitable heat exchanger for OTEC.

In addition to activities in renewable fields such as OTEC, we are proposing to utilize unused waste heat such as those from industries or hot spring.to generate electricity as effective means of saving energy for the owners of the heat sources by applying our technologies developed for OTEC. Especially, our technologies enable to generate power with low temperature waste heat below 200℃, which has been considered difficult to recover or use.

We would like to contribute to nations becoming more energy efficient through demonstration and commercialization of OTEC and waste heat power generation.

Sadayuki Jitsuhara

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