Signed Collaboration Agreement Concerning Development of Ocean Thermal Energy Conversion Systems.

February 9, 2017

Today, we signed a four-party collaboration agreement between Delft University of Technology, bluerise, Saga University, and Xenesys Inc., concerning development of Ocean Thermal Energy Conversion System at the Embassy of the Kingdom of the Netherlands in Tokyo.

As we believe utilization of ocean energy, including Ocean Thermal Energy Conversion, will play a major role in solving energy and global environmental issues that are becoming ever more serious, starting with today's joint signing , and taking advantage of Netherlands' and Japan's skills, we will work cooperatively towards the development of OTEC and its dissemination.