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Quidnet Energy's Overview

Total employees38
HeadquartersHouston
Founded2013

Quidnet Energy is at the forefront of developing innovative long-duration energy storage solutions critical for a resilient and decarbonized power grid. Their core technology, Geomechanical Pumped Storage (GPS), utilizes a novel approach by pumping water into shale formations between impermeable rock layers. This process stores energy by temporarily deflecting the overlying rock. When energy is needed, the pressurized water is released to drive turbines and generate electricity. Quidnet's solution aims to provide cost-effective, scalable, and geographically flexible energy storage, leveraging existing oil and gas drilling expertise and infrastructure to accelerate the transition to renewable energy. This technology addresses the intermittency of renewable sources like solar and wind, ensuring power availability when it's needed most.

Where is Quidnet Energy's Headquarters?

HQ Function

Serves as the central hub for strategic operations, research and development, engineering, project development, and corporate management, driving the innovation and deployment of their Geomechanical Pumped Storage technology.

Notable Features:

Modern office space designed to foster collaboration and innovation, located within Houston's vibrant energy corridor, facilitating access to industry talent and partners.

Work Culture:

A dynamic and mission-driven environment focused on innovation, sustainability, and tackling complex energy challenges. The culture encourages collaboration, problem-solving, and a pioneering spirit as they develop and commercialize novel energy storage solutions.

HQ Significance:

The Houston headquarters is strategically positioned to leverage the region's extensive energy expertise, infrastructure, and talent pool, particularly from the oil and gas sector, which is relevant to Quidnet's subsurface technology.

Values Reflected in HQ: The headquarters likely reflects values of innovation, efficiency, and strategic execution, essential for a technology company aiming to disrupt the energy storage market.

Location:

Quidnet Energy is currently focused on developing and deploying its Geomechanical Pumped Storage technology primarily within North America, with active project sites in the United States. While their immediate operational footprint is North American, the nature of their technology holds potential for global applicability in regions with suitable geological formations and a need for long-duration energy storage to support renewable energy integration. Their global strategy likely involves establishing partnerships and exploring international markets as the technology matures and proves commercially viable.

Street Address:

1301 McKinney St, Suite 2300

City:

Houston

State/Province:

Texas

Country:

USA

Quidnet Energy's Global Presence

Various Project Sites, USA (e.g., Texas, New York, Ohio)

Address: Specific project site addresses vary and are typically not public as they are operational field sites.

To advance the commercialization of Quidnet's energy storage solutions by conducting real-world operations, gathering data, and refining deployment methodologies in targeted regions with renewable energy integration needs and suitable geology.

Buying Intent Signals for Quidnet Energy

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Quidnet Energy

As of April 2025, Quidnet Energy' leadership includes:

Joe Zhou - Chief Executive Officer
Howard Schmidt - Chief Financial Officer & Chief Development Officer
Jason Souflis - Chief Operating Officer
Paul J. Huck - VP, Subsurface
Ruzhdi Sadiku - VP, Engineering

Investors of Quidnet Energy

Quidnet Energy has been backed by several prominent investors over the years, including:

Breakthrough Energy Ventures
Evok Innovations
Trafigura
Nabors Industries
SE Ventures (Schneider Electric Ventures)
Helmerich & Payne
Azolla Ventures (formerly Prime Impact Fund)
Openainted

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

In the last 12 months, Quidnet Energy notably strengthened its executive team with the appointment of a new Chief Operating Officer. Other major executive changes have not been broadly publicized.

New Appointments:

Jason Souflis, Jason Souflis was appointed as Chief Operating Officer to lead Quidnet's operational scale-up and project execution.

Technology (Tech Stack) used by Quidnet Energy

Discover the tools Quidnet Energy uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Quidnet Energy Email Formats and Examples

Quidnet Energy likely utilizes common corporate email formats. While the exact primary format isn't publicly specified, patterns such as [first initial][last name]@quidnetenergy.com (e.g., jdoe@quidnetenergy.com) or [first name].[last name]@quidnetenergy.com are frequently used by technology companies.

[first_initial][last]@quidnetenergy.com

Format

jdoe@quidnetenergy.com

Example

80%

Success rate

News and media

Quidnet EnergyNovember 28, 2023

Quidnet Energy Appoints Jason Souflis as Chief Operating Officer

Quidnet Energy announced the appointment of Jason Souflis as its new Chief Operating Officer (COO). Souflis brings extensive experience in scaling operations and will lead Quidnet's project execution and operational expansion....more

Quidnet EnergyOctober 26, 2023

Quidnet Energy Selected by NYSERDA for Long-Duration Energy Storage Project

Quidnet Energy was selected by the New York State Energy Research and Development Authority (NYSERDA) to develop a 2 MW, 20 MWh Geomechanical Pumped Storage project in New York, marking a significant step in deploying its technology to support the state's clean energy goals....more

Quidnet EnergyMay 16, 2023

Quidnet Energy and CPS Energy Partner to Deploy Geomechanical Pumped Storage in Texas

Quidnet Energy partnered with CPS Energy, the largest municipally-owned electric and natural gas utility in the U.S., to build a 1 MW energy storage facility in Texas, aiming to enhance grid resilience and integrate more renewable energy....more

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