The European Commission has given the green light to a €400 million state aid program initiated by Spain to boost renewable hydrogen production. This initiative falls in line with the Clean Industrial Pact's goals of advancing the decarbonization of the EU industry while enhancing its competitiveness. By supporting the construction of 345 MW of electrolyzer capacity and the production of 221,000 tons of renewable hydrogen, this program is anticipated to play a crucial role in curbing carbon emissions by up to one million tons. Additionally, Spain is striving to meet its target of establishing 12 GW of electrolyzer capacity by 2030 and fulfilling the renewable fuel consumption objectives outlined in the Renewable Energy Directive. The grants will be allocated through a competitive tender process managed by the European Climate, Infrastructure and Environment Executive Agency (CINEA), facilitating companies interested in setting up new electrolyzers in Spain. Beneficiaries will be incentivized with a direct subsidy for each kilogram of renewable hydrogen generated, and these subsidies will be available for up to a decade. To qualify for the grant, companies must comply with EU criteria for producing renewable fuels from non-biological sources, ensuring the additional renewable electricity required for hydrogen production is financed through the program.