from pv journal LatAm
Hinicio and New Energy offered the H2LAC Index of H2LAC 2024 earlier this month. The figures present that Chile, Brazil, and Colombia lead the hydrogen market in Latin America and the Caribbean, in that order. Brazil edged out Colombia for second place, whereas Chile remained within the lead.
The index analyzes the event of the regional sector in 5 classes:
- Public insurance policies, incentives and laws on the nationwide stage
- The stage of growth of the nationwide ecosystem
- Number of initiatives in operation and/or in growth
- Areas of software and penetration of hydrogen on the nationwide stage
- The stage of worldwide cooperation and export planning
Other figures from the H2LAC 2024 Index counsel that Colombia and Argentina lead in public coverage and regulation, primarily based on “dedication to the implementation of laws and incentives for market growth.”
Countries with the very best potential embrace Uruguay, Costa Rica and Argentina. Hinicio and New Energy mentioned they “stand out for his or her skill to use their renewable pure sources and the rising curiosity on the a part of undertaking promoters to develop initiatives.”
The index says that Peru and the Dominican Republic have improved. Ecuador has joined the market with initiatives beneath growth, and Barbados has additionally begun to “showcase the hydrogen map.”
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