Jericho Energy Ventures Inc. has announced that its California-based project, developed by its subsidiary Hydrogen Technologies, has secured USD$1 million in funding from the U.S. Department of Energy's Hydrogen and Fuel Cell Technologies Office. The project, named Hydrogen Permitting Issues and Improvements (HPII), is a collaborative effort with partners including Sandia National Laboratories, GHD, and the University of California at Riverside. HPII will focus on addressing challenges related to the deployment of hydrogen-powered equipment in industries where hydrogen is still a novel fuel. The project aims to provide safety measures, engage stakeholders, and gather real-world data to facilitate the integration of hydrogen technologies. The CEO of Jericho Energy Ventures, Brian Williamson, expressed pride in the DOE-funded project and highlighted the company's commitment to accelerating access to collaborations in the low-emissions industrial sector. Additionally, Jericho Energy Ventures plans to separate its hydrogen platform to maximize shareholder value, emphasizing its dedication to hydrogen solutions. The company also arranged a shares for debt transaction to settle interest on debentures, showcasing strategic financial management. Hydrogen Technologies' hydrogen-fueled boilers offer a sustainable alternative to traditional fossil fuel-based boilers, providing zero-emission steam and hot water for various industries. The company's commitment to clean energy solutions has led to collaborations with multinational corporations and universities for feasibility studies. Jericho Energy Ventures aims to advance its zero-emission hydrogen boiler technology deployment, showcasing its innovative approach to reducing greenhouse gas emissions in industrial processes.