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Spain unleashes €1.5Bn hydrogen and green tech blitz
Spain has taken a sweeping step toward dominating Europe’s green hydrogen economy, unleashing €1.22 billion [$1.34 billion USD] in funding for seven hydrogen hub megaprojects totaling 2.3GW across Aragon, Andalusia, Castilla y León, and Galicia. Announced on April 4 by the Institute for the Diversification and Saving of Energy (IDAE), the funding lands under the H2 Valleys programme, which aims to anchor large-scale domestic hydrogen production and industrial use.