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WHO WE ARE

Global OTEC was founded to provide clean, reliable and affordable energy from the ocean to power a diverse range of offshore applications and even entire countries, particularly Small Island Developing States (SIDS).

Our technology builds on decades of process expertise and OTEC demonstrations validated around the world. We have designed the first floating commercial OTEC system to transform how the world is powered and also are leading an EU-funded project developing a storm-resistant floating OTEC prototype, to make ocean energy viable in weather-prone areas.

Our mission is to consolidate OTEC as a new category of renewable energy, making it more accessible and scalable with minimal environmental impact. Our projects reinforce our commitment to design and deliver baseload power 24/7, all year round, no matter the weather.

2017
THE START
  • Global OTEC was founded to help small tropical islands replace their fossil fuel power with clean, affordable energy.
  • The Cayman Islands government provides a letter of support for the project.
  • Four resorts in the Maldives provide letters of intent.
  • A basis of design is produced.
2018
FIRST INVESTMENT
  • Global OTEC receives its first grant and investment: bringing in over £250,000 of funding.
  • The concept design phase is completed.
2019
PROGRESS
  • The preliminary design
phase is completed.
  • A feasibility study of
the Maldives is undertaken.
  • Global OTEC secures
further grants and investments.
  • Global OTEC receives a letter of support from the government of the Maldives.
2020
ADVANCEMENTS
  • Global OTEC completes a detailed design of the system’s cold-water pipeline.
  • An agreement in principle is put in place with a large resort owner in the Maldives to demo OTEC. However, the deal is called off due to the COVID-19 pandemic.
  • Global OTEC pivots from designing projects for the private sector to exploring Public Private Partnerships.
  • Global OTEC receives a letter of support from the São Tomé & Príncipe government.
2021
DOMINIQUE
  • Global OTEC signed an MOU for a pilot project in São Tomé and Príncipe. 
  • Further grants are secured to develop hurricane-proof structures in the Caribbean. 
2022
MOVING FORWARD
  • Pre-seed round closed, led by Climate.VC. 
  • Public consultation and workshop with blue economy stakeholders in São Tomé and Príncipe. 
  • The government of São Tomé and Príncipe sign an MOU for a Power Purchase Agreement with Global OTEC at the UN Ocean Conference 2022.
  • Funding of € 3.5 million from the European Union’s key funding programme for research and innovation, Horizon Europe, and UK Research and Innovation (UKRI), for the pan-European consortium PLOTEC, which we are leading. 
2023
CERTIFICATIONS & PARTNERSHIPS
  • Awarded Certificate of Approval for the methodology of installation of a Cold-Water Riser, for the purpose of an offshore OTEC platform, by ABL Group, and granted Approval in Principle (AiP) by Lloyd’s Register (LR) for our platform. 
  • Meetings with countries such as Grenada and Turks and Caicos to explore OTEC for their power generation. 
  • Signature of a memorandum of understanding (MOU) with French company ENOGIA, to develop key subsystems of the first commercial-scale OTEC floating platform. 
2024
BUILDIND A PROTOTYPE
  • Fabrication of the cylindric floating storm-resistant hull under the EU-funded project PLOTEC, in Gran Canaria.
  • Preparation for installation and testing of the PLOTEC structure in the Atlantic Ocean.
  • Opening of our first overseas office in Houston, Texas.
  • Launch of our OTEC Power Module®.
  • Engagement in events with governments of Small Island Developing States (SIDS), Barbados and Malaysia and industry leaders.

Our Team

The Global OTEC team has decades of combined experience in designing and building floating systems for the oil and gas space, as well as developing utility projects in frontier markets.

THE FOUNDING TEAM

Dan Grech

Founder & CEO

In 2015, Dan was working as a marketing manager for a luxury fashion company. One evening, while watching Frozen Planet, he saw ice caps collapsing into the ocean and realised he needed to do something with a greater purpose. The next day, he quit his job to join the fight against climate change.While researching solutions, he came across Ocean Thermal Energy Conversion (OTEC) and saw its vast potential to provide affordable, clean energy to islands and industries that urgently need it. However, existing developers were focused on large-scale OTEC systems. Dan envisioned a different approach—starting small to accelerate deployment and reduce reliance on fossil fuels. Drawing on his experience in building high-performing teams, he assembled a coalition of world-class OTEC and offshore engineering professionals and launched Global OTEC. His vision gained traction when, during COP26, he secured the company’s first institutional investment while presenting alongside tropical island leaders. Dan is deeply involved in all aspects of the business, with a particular focus on strategy, business development, sales, and fundraising.

Neil Reynolds

Active Board Director

Neil is an accomplished C-suite executive known for growing businesses, building high-performing teams, and delivering large-scale projects for some of the world’s leading Fortune 500 engineering and construction firms. His extensive experience spans both developed and emerging markets across a wide range of sectors, including infrastructure, industrial projects, defence, high-tech facilities, water and wastewater treatment, environmental solutions, and transportation. A Chartered Engineer (CEng) with a BSc (Hons) in Civil Engineering from the University of South Wales, Neil is a Fellow of the Institution of Civil Engineers (FICE), a Chartered Companion of the Chartered Management Institute (CMgr CCMI), and a Chartered Environmentalist (CEnv).

In 2021, Neil joined Global OTEC as a Non-Executive Director, providing independent oversight, strategic guidance, and risk management support. His broad expertise, from sales to project delivery, makes him an invaluable asset to the company.

Karl Farrow

Active Board Director

Karl is an accomplished entrepreneur with over 40 years of experience in the international energy sector, specialising in project development, execution, and technology innovation. As an active Board Director of Global OTEC, he brings deep expertise in driving large-scale energy projects and pioneering technological advancements.

A previously exited founder of a deepwater oil and gas company, Karl has built a strong reputation and an extensive network across the global energy sector. His deep industry connections enable Global OTEC to engage with major oil and gas companies, helping to form strategic partnerships and open commercial opportunities. He also plays a key role in advising on business strategy, leveraging his knowledge of large-scale project execution and corporate growth.

Simon Mutzenich

Head of Operations

Simon oversees project delivery, supply chain management, contract negotiations, and overall operations. He joined Global OTEC in July 2024, answering the team’s call for a ‘Chief Organiser’. With a strong background in engineering and operations, he brings experience across a diverse range of industries—from coal-fired power stations to carbon capture startups, engineering consultancies, and capital equipment manufacturing. His academic credentials include a degree in Mechanical Engineering, a PhD in microtechnology, and an MBA. He is a Fellow and Chartered Member of the Institute of Mechanical Engineers. Simon now channels his expertise (and the lessons learned along the way) into advancing Global OTEC’s Power Module from concept to reality. His role involves developing and implementing operational strategies, managing procurement, negotiating contracts, and maintaining stakeholder relationships.

Sam Johnston

Lead Engineer

Sam leads engineering development and the coordination of technical specifications. His journey with Global OTEC began in 2018 as a freelancer, and by 2022, he became the company’s first full-time hire. His recruitment involved an unconventional process—including conducting a makeshift thermocline field study in the Gulf of Guinea and presenting his findings to political leaders. Since then, he has overseen the fabrication of Global OTEC’s first physical demonstration and led its offshore installation. His career started at London Marine Consultants, where he worked on mooring systems for FPSO/FSO projects with companies such as Melittah, Petrobras, and Yinson.

Sam is deeply invested in OTEC, drawn to its unique design challenges and the opportunity to create a 24-hour renewable energy source. His expertise spans the structural, mechanical, and thermodynamic aspects of OTEC platforms, ensuring they operate efficiently and reliably.

Karina Sgarbi

Communications Manager

Karina manages all aspects of Global OTEC’s communications, from social media and email marketing to video production and press outreach. An award-winning journalist with over seven years of experience in print and multimedia reporting in Brazil, her work has been recognised with multiple journalism awards, particularly for her coverage of environmental, health, and gender-based issues. Within just a year at Global OTEC, she was promoted from Marketing Executive to Communications Manager, thanks to her diverse digital and creative skillset. Nearly every Global OTEC campaign starts with her, and her efforts have expanded the company’s reach to millions worldwide. Karina also supports business development efforts in Brazil, having presented at technical conferences and established partnerships with academic institutions. She speaks four languages fluently: English, Portuguese, Spanish, and Italian.

Kashawn Hall

Project Analyst

Kashawn turns complex data into valuable insights to support site studies and project development. The team first learned about him at a United Nations event in Vienna, where his mentor tracked down Dan to enthusiastically share his CV. Soon after, Kashawn joined Global OTEC as a project analyst.

He is currently a PhD candidate in Environmental Studies at the University of the West Indies – Cave Hill Campus. His research, “A Technical Study of Ocean Thermal Energy Conversion for Barbados”, positions him at the forefront of OTEC development in the Caribbean. Kashawn plays a crucial role in rapidly delivering desktop studies and building a global data map for OTEC site selection.

You can watch a recording of Dan and Kashawn’s first meeting on Global OTEC’s Island Voices channel here.

Claire Holmes

Executive Assistant

Claire has over a decade of experience supporting at a board level in London, and a further 8 years as a virtual executive assistant.

Claire is passionate about working with innovative start-ups and small businesses to provide them with the essential business support they need to enable them to continue to build and grow their businesses.

Claire has also worked with the events industry from all sides, most recently with a high-profile CEO and speaker, but also performing herself for 16 years. Claire performed in Japan, Portugal, and Cyprus and toured in theatre shows all over the UK.

ADVISORY BOARD

Beth Watkins

Advisory Board Member

Beth brings over 20 years of experience in infrastructure investment, project finance, and renewable energy development. Having started her career as a solicitor, she transitioned into commercial and investment roles, working at Balfour Beatty Investments before joining Foresight Group LLP in 2015 and later Gravis Capital in 2020. She has been at the forefront of funding large-scale renewable energy projects, including greenfield developments and emerging technologies, making her an invaluable asset to Global OTEC. Beth plays a hands-on role in Global OTEC’s fundraising strategy, working closely with Dan to refine investor outreach, advise on data rooms, and profile the right financial partners for the company’s growth. She brings a sharp understanding of project finance structures and risk assessment, helping the team shape investment proposals that align with the expectations of institutional investors and private equity. Her experience on the investor side of the table gives Global OTEC a critical edge in structuring deals and approaching capital markets with credibility and confidence.

Mungo Park

Advisory Board Member

Mungo has more than 40 years of experience in capital markets, venture funding, and commercialising cutting-edge technologies across multiple sectors. Having worked with leading investment banks such as Alex Brown, Dillon Read, Wertheim, and Cowen, he later founded a multinational merchant banking unit for Nomura, where he focused on accelerating healthcare innovations at a global scale.

Since shifting his focus to sustainable technology in 2004, Mungo has been deeply involved in financing and scaling early-stage renewable energy solutions. He is a Senior Technology Advisor to SIDS DOCK, a UN-recognised international organisation dedicated to advancing energy security and climate resilience in small island developing states. His work with SIDS DOCK aligns directly with Global OTEC’s mission, providing the company with crucial insights into government and intergovernmental funding mechanisms.

At Global OTEC, Mungo actively supports fundraising efforts, leveraging his extensive network of investors, advisors, and financiers to secure backing for the company’s next phase of growth. He plays a key role in investor profiling, outreach, and strategic introductions, helping Global OTEC navigate the complex financial landscape of commercialising ocean thermal energy.

Peet Denny

Advisory Board Member

Peet has over two decades of experience in business development, venture capital, and strategic advisory within the renewable energy and deep-tech sectors. As the Founding Partner of Climate VC, a firm dedicated to investing in early-stage climate technology solutions, he has played a crucial role in funding and scaling innovative businesses focused on tackling the climate crisis. His conviction in Global OTEC’s mission runs deep—his first investment at Climate VC was into the company, and he remains one of its most vocal champions. Peet brings a wealth of expertise in strategy, team building, and fundraising, helping to shape Global OTEC’s growth trajectory. His extensive network across the angel investor and family office space provides invaluable access to early-stage capital, and he actively advises the team on securing investment, refining commercial strategy, and positioning Global OTEC within the broader climate tech ecosystem.

Beyond capital, Peet’s background in artificial intelligence and data-driven decision-making gives him a unique ability to help Global OTEC navigate the complex landscape of scaling deep-tech solutions in emerging markets.

JOIN US

You can be part of a team bringing cutting-edge technology to parts of the world that desperately need clean energy. We have a healthy balance of remote work, in-person meetings and travel to both our customers and suppliers.

Check out our current vacancies here.

We’re always on the lookout for smart interns who want to gain experience by supporting the Global OTEC team, whether that’s undertaking market research tasks or assisting the technical team in the development of its platforms.

If you’d like to be considered for an internship at Global OTEC please email [email protected] with your CV and answer the following:

• Why do you want to intern at Global OTEC?
• How many days a week, and over what period of time are you available for this internship?
• Is there anything else we should know about your requirements?

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