The European Commission has given its approval for a €1.2bn scheme in Spain geared towards bolstering investments in the production of renewable hydrogen. This initiative is designed to stimulate the development of at least 100 MW of renewable hydrogen production capacity, the creation of hydrogen-derived fuels, renewable hydrogen storage solutions, and the generation of renewable electricity. The financial aid provided through this scheme will be in the form of direct grants that will cover the investment expenses of the eligible projects, with the specific amount for each beneficiary being determined through an open competitive bidding process. The funding for these grants will be sourced from the Recovery and Resilience Facility. The approval for this scheme was granted within the framework of the State aid Temporary Crisis and Transition Framework, and it aligns with Spain's Recovery and Resilience Plan. This scheme is a significant step towards promoting the production and utilization of renewable hydrogen, marking a positive development in the push towards sustainable energy practices within the European Union.