Jericho Energy Ventures (TSE:JEV) has released an update.
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Jericho Energy Ventures heralds a pioneering step in the renewable energy sector with its portfolio company, Supercritical, partnering with HAMR Energy to potentially slash renewable methanol production costs by 20% through innovative green hydrogen technology. Funded by the Australia-UK Renewable Hydrogen Innovation Partnership, this collaboration aims to stimulate the commercialization of high-efficiency methanol systems by 2030, leveraging ultra-high pressure electrolysis to improve system efficiency and reduce capital and operational expenses.
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