Spain has received approval from the European Commission for its ambitious plan to invest 400 million euros in boosting the generation of renewable hydrogen. This investment will be channeled through the 'Auctions-as-a-Service' tool within the European Hydrogen Bank. The program aims to support the construction of up to 345 megawatts of installed electrolyzer capacity and the production of approximately 221,000 tons of renewable hydrogen in Spain. This initiative is expected to have a significant environmental impact, with estimates suggesting that it could prevent the emission of up to a million tons of CO2. To benefit from this support, companies will be required to demonstrate compliance with the EU criteria for producing renewable fuels of non-biological origin. The approval from the European Commission signifies a positive step towards promoting sustainable energy practices in Spain and aligns with the broader European efforts to transition towards cleaner sources of energy. This initiative is a significant move towards achieving carbon neutrality and reducing greenhouse gas emissions in the region.