The Ministry for the Ecological Transition and the Demographic Challenge of Spain has unveiled a comprehensive support program to advance renewable energy projects in the country. The initiative encompasses aid for the establishment of large hydrogen clusters, industrial capacities in solar, wind energy, heat pumps, batteries, and electrolysers, as well as initiatives related to innovative renewable energy, storage, and heat pump projects. The program is backed by substantial funding, with €1.2 billion allocated for the development of renewable hydrogen valleys, €750 million for enhancing the industrial value chain of renewable energy sources and storage, and another €250 million for innovative renewable energy and storage projects. The aid program for renewable hydrogen valleys aims to create large industrial centers focused on renewable hydrogen generation and consumption. Projects seeking support must fulfill specific criteria, including consumer commitments to purchase 60% of production, ensuring renewable origin of hydrogen, and the availability of high-capacity electrolysers. The initiative also places restrictions on the maximum aid amount per company or project. Furthermore, the funding scheme supports the manufacturing and assembly of crucial components for renewable energy sources such as solar panels, wind turbines, batteries, and electrolysers. It aims to enhance Spain's strategic manufacturing capacity in these areas, promoting innovation and knowledge value chain. The aid will be granted through a competitive process and will be disbursed once project execution and eligible expenses are verified. Moreover, the program includes support for innovative projects focusing on various renewable energy solutions. These projects cover areas like agrovoltaic installations, floating photovoltaic systems, renewable heat pump installations, and collective self-consumption initiatives with storage. The funding is intended to drive innovation and sustainability in Spain's energy sector, fostering a diverse range of renewable energy projects.