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In page Ocean thermal energy conversion:

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In July 2016, the Virgin Islands Public Services Commission approved Ocean Thermal Energy Corporation's application to become a Qualified Facility. The Company is thus permitted to begin negotiations with the Virgin Islands Water and Power Authority (WAPA) for a Power Purchase Agreement (PPA) pertaining to an Ocean Thermal Energy Conversion (OTEC) plant on the island of St. Croix. This would be the world's first commercial OTEC plant.[26][27]