By NEIL HARTNELL

Tribune Business Editor

THE US renewable energy company that has partnered with the Bahamas Electricity Corporation (BEC) and Baha Mar yesterday said it was looking to establish a permanent operation in Nassau that would create "more than 20-25" full-time jobs. It added that its technology would save the Cable Beach developer 8 Mega Watts (MW) of power per year.

Jeremy Feakins, chairman and chief executive of Ocean Thermal Energy Corporation (OTE), told Tribune Business that the seawater district cooling plant it has committed to build and operate for the Cable Beach developer, which will involve an investment "in excess of $100 million", would reduce the $2. ...

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