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Spain to launch new $2.5 bln plan to support green hydrogen, renewable industry

He did not provide more details of the new plan.
Spain has positioned itself as a renewable energy leader in Europe, taking advantage of its abundant sunshine and strong winds to produce energy.
With renewables breaking records, the country is now vying to be one of the major producers in the region of green hydrogen produced from renewable electricity.
Earlier this month, Madrid approved a 794 million euro package of subsidies for large green hydrogen projects in the country with a potential overall electrolysis capacity of 652 megawatts.

https://www.reuters.com/sustainability/climate-energy/spain-launch-new-25-bln-plan-support-green-hydrogen-renewable-industry-2024-07-17/



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  • Edwin wangombe

    1 w

    We love hearing this type of news! Investment in green, renewable energy is very important and can be a game changer.

    • Peter Karanga

      10 w

      Spain's $2.5 billion plan to support green hydrogen and the renewable industry marks a significant step towards a sustainable future. This initiative promises to boost clean energy, reduce carbon emissions, and position Spain as a leader in the green energy revolution.

      1
      • We Don't Have Time

        11 w

        Dear Kihm Francis Your climate love has received over 50 agrees! We have reached out to Spain.info by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Matin, We Don't Have Time

          • Tabitha Kimani

            11 w

            A mega investment towards renewable energy.

            4
                • Gorffly mokua

                  11 w

                  This is great news! 👏💚

                  5

                  Re-watch Climate Week NYC