Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Lockheed Develops Ocean Power Plant for Reignwood in China

Don't Miss Out —
Follow us on:

April 16 (Bloomberg) -- Lockheed Martin Corp. agreed to work with Reignwood Group to develop a plant that will generate power using differences in sea temperature off the coast of southern China.

The 10-megawatt facility will be designed by Lockheed Martin and will be the largest so-called ocean thermal energy conversion project to date, Bethesda, Maryland-based Lockheed said today in a statement. It will supply all the power needed for a green resort being built by Reignwood.

Link to Statement:{NSN MLCK083MMTC1 <GO>}

Link to Company News:{LMT US <Equity> CN <GO>}

To contact the reporter on this story: Louise Downing in London at ldowning4@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.