Spain is investing €1.2 billion in a public funding plan to promote the development of green hydrogen as part of its strategy to decarbonize industrial and energy sectors. The aim is to increase hydrogen production capacity from renewable sources, targeting 11 GW of electrolysis capacity by 2030, the highest in the EU. Funds will primarily go towards infrastructure like large-scale electrolysers and hydrogen hubs. The projects, supported by the European Hydrogen Bank, include major initiatives by DH2 Energy and Benbros Energy, focusing on partnerships in key industrial sectors. Spain plans to become a green hydrogen exporter, particularly to countries like Germany. The government is also supporting transport infrastructure to facilitate hydrogen export. To maintain competitiveness, Spain imposes strict criteria for subsidy allocation, ensuring long-term commitments and local utilization of hydrogen production. Challenges include production costs, infrastructure development, and meeting emission standards, but the country's renewable energy advantages provide a positive outlook for its hydrogen sector growth.