The European Commission has given the green light to financial support packages in the Netherlands and Spain aimed at advancing renewable hydrogen projects. Spain's scheme, supported by EUR 1.2 billion, will back green hydrogen projects with a minimum capacity of 100 MW, covering various aspects of the hydrogen value chain. On the other hand, the Dutch initiative, with an allocation of EUR 998 million, will facilitate the construction of at least 200 MW of electrolysis capacity, promoting the production of renewable fuels. These investments are crucial for achieving the EU's ambitious targets of increasing renewable hydrogen electrolyzer capacity in the coming years. The Netherlands aims to reach 500 MW of electrolyzer capacity by 2025 and 3-4 GW by 2030, contributing significantly to the EU's broader objective of installing 40 GW of electrolyzers by 2030. Moreover, the Dutch project is forecasted to help avoid around 55 kilotons of CO2 emissions annually until 2030, contributing to both national and EU climate goals. The Commission's approval of these aid packages underscores Europe's commitment to hydrogen development. In addition to the initiatives in the Netherlands and Spain, other projects like the European Hydrogen Bank and the IPCEI Hy2Move package demonstrate the region's focus on scaling up hydrogen production and fostering research and development. Germany's Hydrogen Core Network project, with a guarantee package of EUR 3 billion, highlights the efforts to establish a vast hydrogen transmission grid, repurposing natural gas pipelines and collaborating with multiple TNOs. Ultimately, these endeavors signify a positive shift towards sustainable energy infrastructure and innovation in Europe, aligning with the region's climate objectives and setting the stage for a hydrogen-powered future.