Shane Osborn Takes Helm as Chief Operating Officer to Drive Ocean Thermal Energy Corporation's Strategic Expansion

PHILADELPHIA, PA / May 20, 2025 – Ocean Thermal Energy Corporation (OTE Corp), a pioneering renewable energy innovator focused on Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) technologies, has unveiled the promotion of Shane Osborn to the position of Chief Operating Officer. This strategic appointment underscores OTE Corp’s commitment to scaling operations and accelerating deployment of sustainable energy solutions across military and commercial sectors.

A Leader with Unparalleled Operational Credentials

Shane Osborn brings a distinguished career spanning military service, public sector leadership, and clean energy entrepreneurship to this pivotal role. His operational track record encompasses multiple high-stakes environments where precision and strategic execution proved essential.

A decorated U.S. Navy veteran, Osborn earned international recognition for exceptional crisis management in 2001 when he successfully commanded the emergency landing of a severely damaged EP-3 aircraft following a mid-air collision, subsequently navigating a 12-day diplomatic incident with the Chinese government. His heroism earned him the Distinguished Flying Cross and the Meritorious Service Medal, setting the tone for a career defined by unwavering leadership under pressure.

Following his military tenure, Osborn transitioned to public finance, serving as Nebraska State Treasurer where he oversaw stewardship of over 27 billion dollars in pension assets while implementing transparency frameworks that became industry benchmarks. Most recently, Osborn founded and scaled RWH Energy, a Service-Disabled Veteran-Owned Small Business (SDVOSB) certified as an approved Energy Service Company (ESCO) by the U.S. Department of Energy. His work in the renewable energy sector provided direct expertise in technology deployment, federal partnerships, and commercial-scale operations—experience that directly informed his previous role as Program Manager for Federal and Commercial Partnerships at OTE Corp.

Operational Excellence and Strategic Growth Focus

In his new capacity as Chief Operating Officer, Osborn will direct comprehensive operational oversight of OTE Corp’s infrastructure initiatives, partnerships, and execution excellence. His mandate encompasses scaling critical defense contracts with the U.S. Army, U.S. Navy, and U.S. Department of Defense, while simultaneously expanding commercial partnerships that extend OTE’s sustainable energy footprint globally.

Jeremy P. Feakins, Chairman and Chief Executive Officer of OTE Corp, commented on the appointment: “Shane’s appointment as Chief Operating Officer reflects our confidence in his proven ability to translate strategic vision into operational reality. His leadership depth, combined with his demonstrated expertise in renewable energy deployment and federal relations, positions OTE Corp to accelerate growth while maintaining the operational rigor our stakeholders demand.”

The Strategic Imperative: Why OTEC and SWAC Matter Now

Osborn assumes this role at a critical inflection point for renewable energy adoption. Ocean Thermal Energy Conversion harnesses the temperature differential between surface and deep seawater to generate continuous, baseload power—delivering sustainable 24/7 electricity generation that proves especially valuable for remote military installations and tropical coastal communities confronting energy and freshwater scarcity. SWAC systems complement this capability by leveraging deep seawater’s thermal properties for highly efficient cooling, substantially reducing energy consumption and operational costs.

For mission-critical applications and energy-independent communities, these technologies represent strategic infrastructure rather than optional energy sources. Osborn’s operational oversight will ensure OTE Corp can scale these solutions with the reliability and precision defense and commercial partners require.

About Ocean Thermal Energy Corporation

OTE Corp stands as a U.S.-based energy technology company specializing in OTEC and SWAC system development and deployment. The company’s core mission centers on advancing sustainable, continuous power generation and efficient cooling solutions for applications ranging from U.S. military installations to commercial and community energy infrastructure projects globally.

For Further Information:

Jeremy P. Feakins
Chairman and Chief Executive Officer
Jeremy.Feakins@OTECorporation.com
+1 917 679 2005

SOURCE: Ocean Thermal Energy Corp.

Certain statements in this release constitute forward-looking projections subject to risks and uncertainties. Actual outcomes may differ materially from those projected. Interested parties should review OTE Corp’s regulatory filings for detailed risk disclosures.