The European Commission has approved a €1.2 billion state aid scheme to support the production of renewable hydrogen in Spain.
The scheme, approved under the State aid Temporary Crisis and Transition Framework (TCTF) will support investments in the production of hydrogen with an installed capacity of at least 100 megawatt (MW).
Investments supported may encompass the production of renewable hydrogen-derived fuels, renewable hydrogen storage, and production of renewable electricity.
To be eligible, applicants should have secured agreements with offtakers to cover at least 60% of the hydrogen or renewable hydrogen-derived fuel to be produced.
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