on Jericho Energy Ventures Inc. (isin : CA4763391063)
Jericho Energy Ventures Secures DOE Funding for Hydrogen Project
Jericho Energy Ventures Inc. announced that its subsidiary, Hydrogen Technologies, has secured $1 million in funding from the U.S. Department of Energy for a California-based project. The project, developed with partners like Sandia National Laboratories and the University of California at Riverside, aims to address challenges in deploying hydrogen-powered equipment.
This project, known as Hydrogen Permitting Issues and Improvements, focuses on identifying technological and administrative barriers to permitting hydrogen projects. It integrates safety and risk analysis and engages local communities to tackle challenges effectively.
Brian Williamson, CEO of Jericho, emphasized the significance of this collaboration, enhancing their Hydrogen Solution Platform and bolstering partnerships to develop low-emission solutions. This aligns with Jericho's strategic goals to further hydrogen utility in industrial applications.
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