We're very excited to have been selected as part of Class 1 for the Rice Alliance Clean Energy Accelerator. Through a robust curriculum, custom mentor relationships and targeted corporate and investor introductions, the 12-week program will prepare us to quickly accelerate our business, launch pilots and fundraise.
We partnered with Xrathus and AAPG to create a geothermal lease evaluation challenge. Upon completion of this challenge, we will be able to determine the commercial prospectivity of our lease for geothermal development.
Criterion Energy Partners participated in the Rice University Lilie Lab Idea Launch, which provided them with valuable feedback as they worked to grow their team and began to form partnerships.
The Co-Founders acquired a lease near an existing hydrothermal field and close to the site of the DOE FORGE project, a dedicated site where engineers are able to develop and test breakthroughs in enhanced geothermal system technologies.