NIPs help America and Caribbean maximize hydrogen investment
NIPs, or national infrastructure platforms, will aid Latin America and the Caribbean in maximizing public investment, particularly in emerging technologies like green hydrogen.
According to a research released by IDB, which promotes the platform model as a fresh public policy tool to cope with budgetary constraints, this is the case.
The instrument’s three primary purposes are project planning, risk reduction, and financial structuring.
The authors of the paper note that green hydrogen has a short operating history and high expenses, both of which may deter significant private investment.
Urovesa constructing hydrogen cell-powered Vamtac ST5
A project to construct a Vamtac ST5 of the SK version with a propulsion system based on a hydrogen cell will be launched by the Spanish business Urovesa.
One of the five projects that will get money from the Ministry of Defense through the Coincidente program of the General Directorate of Armament and Materiel is this one, known by the acronym Vamtah, which is derived from Vamtac (DGAM).
The National Hydrogen Center and the company situated in Valga (Pontevedra) will collaborate on this project. The Vamtac, a vehicle frequently utilized by the military, serves as the starting point.
The DGAM has concentrated on three areas of interest for 2022: RF directed energy systems, navigation and location for aerial platforms, and fuel cell for land vehicles.
The ministry has selected Pcvemi, a project by Cidaut Foundation and Jalvasub Engineering, along with Vamtah, for the creation of a propulsion system based on a domestic fuel cell for use in military ground vehicle platforms. The Spanish fuel cell for the S-80 submarine is already being developed by both companies.
Doosan Fuel Cell investment appeal grows
As the hydrogen sector expanded, Doosan Fuel Cell’s investment appeal increased, according to an analysis by Eugene Investment & Securities.
“Doosan Fuel Cell’s cumulative order intake this year was 297 MW, exceeding the guidance of 240 MW issued at the beginning of the year,” said Han Byung-hwa, a researcher at Eugene Investment.
According to a researcher, “The 110 MW order inked on the 23rd and the 105 MW contract struck with a Chinese company both had a significant impact.
” The quantity of orders is still present, he claimed.
A researcher also stated that since the government’s desire to support the hydrogen industry has become a policy, planned investments by businesses are in full swing.
