Hydrogen

Hydrogen

Hydrogen

Hydrogen is considered as the simplest element in existence.  Hydrogen is considered as a secondary source of energy, commonly referred to as an energy carrier. Energy carriers are used to move, store and deliver energy in a form that can be easily used. Electricity is the most well-known example of an energy carrier.

Although it’s one of the most abundant elements in the earth’s crust, Hydrogen as a gas is not found naturally on Earth and must be produced by separating it from other compounds.  Two of the most common methods used for the production of hydrogen are electrolysis or water splitting and steam reforming.

While several automotive manufacturers and independent laboratories have been working intensely on the design and commercialization of hydrogen fueled vehicles, the company’s investment platform’s specific focuses are:

• Integration of hydrogen with renewable energies like solar and wind power
• Combination of hydrogen, wind and solar power to energize:
  – Individual homes
  – Apartment buildings
  – Commercial buildings
  – Modular housing (infrastructure and post-disaster development)
  – Commercial maritime shipping vessels
  – Road vehicles (passenger cars and freight trucks)

• Water Purification
• Establishment of a power source in isolated areas (villages, disaster zones)

NAEG Investco’s principals have been involved in the financing and research of Hydrogen technology and applications over the past decade. Currently, NAEG is funding the following Hydrogen based research and testing projects that its “Next-Level” team is administering in collaboration with several technology partners in its own testing facilities:

• Commercial Maritime Vessel powered by Hydrogen, Wind and Solar Energy
• Passenger vehicle and freight truck powered by Hydrogen fuel cells