Funding Details
- Awarder
- RSS - climateinsider.com
- Date Award
- July 30, 2024
- Vertical
- Renewable Energy
- Funding URL
- View Funding Page
Company Info
- Traction
- Spain is expected to produce 2.5 million tonnes of renewable hydrogen annually by 2030, with pilot projects already underway.
- Organizations Involved
- Enagas, Iberdrola
- Founders
- Pedro Sánchez
- Company Description
- The Spanish government, led by Prime Minister Pedro Sánchez, is investing €2.3 billion in renewable energy initiatives, with a significant focus on developing renewable hydrogen hubs. This investment aims to enhance the country's renewable energy supply chain and support community energy schemes, particularly in agricultural areas.
- Market
- Green Hydrogen
- Location
-
Madrid,
Spain
- Coinvestors
- European Commission
Links