Spain has announced a significant investment of €800 million in seven green hydrogen projects across the country. The funding will support a total capacity of 652 MW of electrolysis, with companies like Iberdrola, Repsol, and EDP set to benefit. Energy Minister Teresa Ribera revealed that these projects are part of Spain's strategy to utilize its wind and solar resources to establish itself as a frontrunner in the green hydrogen sector. The selected projects had already received approval for state aid under the European Commission's Hy2Use scheme, marking them as crucial initiatives under Europe's Important Projects of Common European Interest. While the specific projects set to receive funding were named, it remains uncertain if any have been excluded since the announcement. Prime Minister Pedro Sánchez had previously indicated that the funds would be allocated promptly, emphasizing Spain's commitment to expanding renewable energy capacities to position the country as a global leader in decarbonization through the use of renewable hydrogen.