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Jericho Oil buys hydrogen boiler manufacturer HTI

Jericho Oil buys hydrogen boiler manufacturer HTI

Canadian oil firm Jericho Oil Corporation has bought US hydrogen boiler manufacturer Hydrogen Technologies Inc. (HTI) as it expands its energy portfolio.

HTI’s patented zero emission dynamic combustion chamber (DCC) boiler enables hydrogen to generate heat, hot water, high-temperature steam and combined heat & power (CHP) through a closed-loop process.

It aims to decarbonise the nearly $30bn global commercial and industrial heating industry while providing best-in-class energy efficiencies.

The patented DCC technology was awarded the Solar Impulse Efficient Solutions Label in 2019, requires no air permit and its only by-product is water.

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