“We went into this because it looks scalable and viable. There's lots of great technologies that are expensive. But we are attracted to this because the costs per kilowatt hour are quite competitive. We would not have developed a technology to this level if we were not involved with the prize.”

— Jordan Oxley, Chief Operations Officer, GEG Group of Companies

GEG Group of Companies was named a finalist in October 2023 for its thermoelectric geothermal power generation from low-temperature geothermal. All finalists were awarded a total of $90,000 for their success in the design and semi-finalist rounds of the Milken-Motsepe Prize in Green Energy.

Read Related Article: Stories from the Field: Milken–Motsepe Prize in Green Energy Meet the Finalists: GEG Geosleeve