Spain aims to boost green hydrogen with long-awaited subsidies
The nearly 800 million euros in subsidies come nearly two years after gaining approval from the European Commission.
The Spanish government on Tuesday said it had approved subsidies worth about 800 million euros (US$865.52 million) for green hydrogen projects.
The subsidies will go to seven projected deemed by the European Commission to be of regional value, with an overall electrolysis capacity of 652 megawatts (MW), according to the press release. The subsidies come nearly two years after they had been approved by the EC as part of the Hy2Use Important Projects of Common European Interest scheme.
