Home > Cloud PRWire > Unleashing the Power of Green Hydrogen: A Hot Investment Trend

Unleashing the Power of Green Hydrogen: A Hot Investment Trend

–News Direct–

ValueTheMarkets.com News Commentary: As governments globally push towards a sustainable future, decarbonizing industries has become a principal goal. Green hydrogen, a clean fuel, is exciting and companies leading its use are drawing investor interest. Among these pioneering organizations are Jericho Energy Ventures Inc. (TSXV: JEV) (OTC: JROOF) (FRA: JLM), Norsk Hydro (OTC: NHYDY), BP (NYSE: BP), and Jacobs Solutions Inc (NYSE: J), who have formed impressive collaborations and are ahead of the curve in their efforts to reduce emissions.

Norsk Hydro is pioneering the use of green hydrogen in aluminum production, revolutionizing this traditionally carbon-intensive industry. Meanwhile, BP has partnered with Aberdeen City Council to establish the Aberdeen Hydrogen Hub, a venture set to produce over 800 kilograms of green hydrogen per day. Similarly, Jacobs Solutions has formed a strategic partnership with Fortescue Future Industries, providing technical expertise to assist in achieving global ammonia, green hydrogen, and renewable energy targets. Together, these collaborations signify an industry-wide commitment to sustainable energy practices and signal a promising future for the green hydrogen movement.

Jericho Energy Ventures Inc. (TSXV: JEV) (OTC: JROOF) (FRA: JLM) has announced a strategic industrial partnership with EXOGEN Hydrogen Solutions and Sofinter Group to manufacture, implement, and service an innovative Hydrogen Steam Plant, the HSP3000. This EU-based partnership marks a significant breakthrough for JEV as the HSP3000 is a scalable, turnkey solution that could help industrial companies drastically reduce their emissions. Industry leader, Sofinter Group will produce and assemble, while Exogen will offer the plant as an integrated product and engineering solution including hydrogen production and storage units. Better still, each plant installation is expected to eliminate the CO2 equivalent of about 5,000 cars permanently. The HSP3000 features the patented DCC boiler technology developed by Hydrogen Technologies, a wholly-owned subsidiary of Jericho Energy Ventures. Today, many legacy industrial steam and district heating systems need to be updated or replaced to meet Net Zero emission goals. Jericho Energy Ventures Inc. hopes to help make this happen.

Norsk Hydro (OTC: NHYDY) has achieved a significant breakthrough by producing the worlds first successful batch of aluminum using green hydrogen at its Navarra, Spain plant. Collaborating with industrial engineering group Fives, Hydro replaced natural gas with carbon-free green hydrogen, demonstrating it as a viable energy source for recycling aluminum. This landmark industrial-scale test is part of Hydros commitment to decarbonization, taking a significant step towards producing carbon-free aluminum from post-consumer scrap. The results of this initiative could pave the way for wide-scale hydrogen adoption in high-temperature heating processes across various industries, supporting the global transition to a sustainable, net-zero emissions economy. Currently, over 99% of hydrogen, a key energy carrier, is produced from fossil fuels, but green hydrogen presents a potential emission-free alternative. By harnessing green hydrogen, Norsk Hydro has demonstrated its commitment to sustainability and has positioned itself as a leader in the transition to a low-carbon economy.

Another company making significant strides in the green energy sector is BP (NYSE: BP). In partnership with Aberdeen City Council, BP has established the Aberdeen Hydrogen Hub, a groundbreaking project set to commence production in 2025. The hub aims to deliver over 800 kilograms of green hydrogen per day, which will be utilized to fuel 25 buses and a similar number of other fleet vehicles. This initiative not only reduces carbon emissions but also showcases the potential of green hydrogen as a viable fuel source for transportation. BPs involvement in the Aberdeen Hydrogen Hub exemplifies the companys commitment to investing in green solutions. By collaborating with local authorities and leveraging their expertise, BP is driving the transition to a sustainable energy future. This partnership also highlights the importance of public-private cooperation in achieving ambitious decarbonization targets.

Meanwhile, Jacobs Solutions Inc (NYSE: J), a renowned engineering and consulting firm, is also at the forefront of the decarbonization movement. Recently, the company announced a strategic partnership with Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals Group. This partnership underpins the shared commitment to renewable energy, supporting FFIs global green hydrogen and renewable energy projects, aimed at decarbonizing heavy industries. FFI, a pioneering green energy firm, is working on the technology and energy supply needed to decarbonize Fortescue Metals Group, one of the worlds largest iron ore producers. Backed by a $6.2 billion investment in 2022, FFI plans to eliminate fossil fuel use by 2030 and transition the metals group into a global green energy powerhouse. Jacobs partnership with FFI underscores the companys drive for clean, low carbon, and resilient energy solutions, demonstrating a future-focused approach to the energy transition.

Investing in companies like Jericho Energy Ventures, Norsk Hydro, BP, and Jacobs Solutions Inc offers not only the potential for financial returns but also the opportunity to support the transition toward a more sustainable world. These companies are leading the way in decarbonization, driving innovation, and shaping the future of clean energy. As governments, businesses, and consumers increasingly prioritize environmental sustainability, investing in green hydrogen has never been more critical.

IMPORTANT NOTICE AND DISCLAIMER

PAID ADVERTISEMENT

This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the Publisher) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Jericho Energy Ventures Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of two hundred and sixty thousand US dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher's ability to provide unbiased information or opinion.

CHANGES IN SHARE TRADING AND PRICE

Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur.

NO OFFER TO SELL OR BUY SECURITIES

This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security.

INFORMATION

Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position.This communication is based on information generally available to the public and on an interview conducted with the company's CEO, and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views.

NO FINANCIAL ADVICE

The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individuals financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company's SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results.

FORWARD LOOKING STATEMENTS

This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company's actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company's operations; the size and growth of the market for the company's products and services; the company's ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company's business.

INDEMNIFICATION/RELEASE OF LIABILITY

By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions.

TERMS OF USE AND DISCLAIMER

By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here https://www.valuethemarkets.com/terms-conditions/ and acknowledge that you have reviewed the Disclaimer found here https://www.valuethemarkets.com/disclaimer/. If you do not agree to the Terms of Use, please contact valuethemarkets.com to discontinue receiving future communications.

INTELLECTUAL PROPERTY

All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com.

AUTHORS: VALUETHEMARKETS

valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above.

Contact Details

ValueTheMarkets

+44 141 530 4080

[email protected]

Company Website

https://www.valuethemarkets.com

View source version on newsdirect.com: https://newsdirect.com/news/unleashing-the-power-of-green-hydrogen-a-hot-investment-trend-278956183

Jericho Energy Ventures

comtex tracking

COMTEX_436782093/2655/2023-07-13T09:03:32

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Sahyadri Times journalist was involved in the writing and production of this article.