Spain has approved €1.22bn ($1.34bn) in funding for 2.3GW worth of green hydrogen hub projects in Aragon, Andalusia, Castilla y León and Galicia.
The Institute for the Diversification and Saving of Energy (IDAE) today (April 4) published the seven projects that would be funded by its H2 Valleys programme, which aims to bolster domestic production and use.
Madrid-headquartered solar firm RIC Energy secured €81.4m ($89.8m) for its 220MW Compostilla Green, SAF and hydrogen plant in Castilla y León, where it plans to produce green hydrogen which will be combined with CO2 captured from biomass operations to produce sustainable aviation fuels (SAF).
€179.99m ($198.6m) was granted for a 415.2MW development under the name of Leon Green Hydrogen Valley in La Robla. It remains unclear which project this €179.99m award refers to.
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