Jericho is pleased to announce that its portfolio company, H2U Technologies, has signed a Joint Development Agreement (JDA) with Industrie De Nora S.p.A. (De Nora) to examine the viability of newly identified non-platinum group metal (PGM) catalysts for green hydrogen production.
Through their partnership, De Nora will help bring H2U's innovative, earth-abundant catalysts to the electrolyser market. These new catalysts will fill a critical gap in the development of low-cost green hydrogen, decreasing a significant cost barrier to growing the hydrogen value chain and promoting the energy transition.
De Nora is a world leader in developing and manufacturing electrodes for almost every industrial electrolysis application and is serving the largest OEMs of water electrolysis equipment and plants globally.
Ryan Breen, Jericho's Head of Corporate Strategy, stated, "We are proud to hold a strategic investment and board position in H2U. Their technology has the potential to revolutionise affordable green hydrogen production globally and Jericho and its stakeholders should be excited by its enormous possibilities."