- Lhyfe’s green hydrogen would power Exogen’s Hydrogen Steam Plants and also be used in mobility applications
- Exogen to supply and service a pioneering Hydrogen Steam Plant, offering operating synergies from integrated mobility solutions powered by green hydrogen
- Jericho to supply its patented, zero-emissions DCC™ hydrogen boiler technology
- Lhyfe to build and operate green hydrogen production facilities for the combined product offering, opening large new markets for growth in industrial steam and district heating
TULSA, OK and VANCOUVER, BC– Jericho Energy Ventures Inc. (“Jericho”, “JEV” or the “Company”) is pleased to announce that its EU partner, Exogen Hydrogen Solutions, has signed a Memorandum of Understanding with Lhyfe (EURONEXT: LHYFE), a leading European based producer and supplier of green and renewable hydrogen, for the combined offering of comprehensive decarbonization solutions for industrial steam, district heating, and mobility applications powered by green hydrogen.
As previously announced by JEV and Exogen in July 2023, Exogen is offering a first-of-its-kind Hydrogen Steam Plant, the HSP 3000, featuring JEV’s patented, state-of-the-art, hydrogen-fueled DCC™ boiler technology, which produces emissions-free industrial steam.
The HSP 3000 is a pioneering, zero-emissions steam plant for industrial and district heating applications, offered as a turn-key solution. The hydrogen-powered installation is produced and serviced by industry leader Sofinter Group, and comes pre-assembled in container-sized units, shipped by road transport.
The full announcement regarding the production of green hydrogen for the DCC™ powered steam plants can be viewed at: https://www.actusnews.com/en/lhyfe/pr/2023/09/14/lhyfe-and-exogen-partner-to-scale-up-green-hydrogen-production-for-industrial-steam-mobility-and-district-heating-applications
About Jericho Energy Ventures
Jericho Energy Ventures (JEV) is an energy company positioned for the current energy transitions; owning, operating and developing both traditional hydrocarbon JV assets and advancing the low-carbon energy transition, with active investments in hydrogen. Our wholly owned subsidiary, Hydrogen Technologies, delivers breakthrough, patented, zero-emission boiler technology to the Commercial & Industrial heat and steam industry. We also hold strategic investments and board positions in H2U Technologies (a breakthrough electrocatalyst and low-cost electrolyzer platform) and Supercritical Solutions (developing the world’s first, high pressure, ultra-efficient electrolyzer). Jericho also owns and operates long-held producing oil and gas JV assets in Oklahoma which it is currently developing from cash flows in an effort to further increase production into the current elevated commodity price environment.
Website: https://jerichoenergyventures.com/
Twitter: https://twitter.com/JerichoEV
LinkedIn: https://www.linkedin.com/company/jericho-energy-ventures
YouTube: https://www.youtube.com/c/JerichoEnergyVentures
JEV Contact:
Allen Wilson, Director, or
Adam Rabiner, Dir. of Investor Relations
Jericho Energy Ventures Inc.
Tel. 604.343.4534
[email protected]
SOURCE:Jericho Energy Ventures Inc.
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