DOE Funds Jericho Energy Ventures to Improve Hydrogen Deployment in Unfamiliar Industries
Key Ideas
- Jericho Energy Ventures' subsidiary, Hydrogen Technologies, secured $1 million in funding from the U.S. Department of Energy for a project focused on enhancing hydrogen fuel deployment in new industries.
- The project, in collaboration with Sandia National Laboratories, aims to address technological and administrative obstacles in hydrogen projects and promote community involvement.
- Investors interested in TSE:JEV stock can find further insights on TipRanks' Stock Analysis page for potential investment opportunities.
- Stay updated on investment ideas by subscribing to the Smart Investor newsletter for weekly expert stock recommendations and real-time notifications through the TipRanks app.
Jericho Energy Ventures, listed on the Toronto Stock Exchange as JEV, announced the receipt of $1 million in funding from the U.S. Department of Energy for its subsidiary, Hydrogen Technologies. The funding is designated for a project targeting the enhancement of hydrogen fuel deployment in industries not yet familiar with the technology. This initiative, developed in partnership with entities like Sandia National Laboratories, will focus on overcoming technical and administrative barriers typically associated with hydrogen projects. Additionally, the project aims to foster community engagement to facilitate the adoption of hydrogen technology. Investors interested in JEV stock are encouraged to explore further insights on the TipRanks Stock Analysis page. For individuals seeking investment recommendations, subscribing to the Smart Investor newsletter for expert stock picks and utilizing the TipRanks app for real-time notifications and analysis is recommended.