Spain has announced a significant boost in investments for renewable hydrogen projects, with plans to distribute €400mn among projects that were not selected for subsidies in the EU's Hydrogen Bank auction. This funding will complement the €1.32bn set to be allocated to large-scale hydrogen clusters as part of the Perte Hydrogen Valley scheme. Despite facing challenges in the auction process, Spain remains committed to supporting the transition to green hydrogen. Prime Minister Pedro Sanchez emphasized the importance of renewables and low-carbon energy vectors like green hydrogen in driving economic growth. Spain's focus on green initiatives is evident in its increased funding for hydrogen projects, surpassing the initially announced budget. Sanchez's reference to 'green, baby, green,' reflects a departure from traditional fossil fuel reliance, showcasing Spain's determination to embrace sustainable energy practices. This strategic investment underscores Spain's dedication to fostering a green economy and accelerating the adoption of renewable energy sources.