On August 1st 2011 started implementation of the project Competence Center for New Materials, Advanced Technologies and Energy with code ITMS 26240220073, where the company Geothermal Anywhere Ltd. is one of the partners of the applicant, which is the Institute of Electrical Engineering Slovak Academy of Sciences. The main goal is to build an integrated Competence Center, linking the private and academic sectors aimed at supporting key industries of Slovakia. The project consists of five main activities, and two supporting activities. The length of the project is 40 months, what is the optimum time to achieve the set objectives.