Spain has granted a €150m ($165m) subsidy to support one of Cobra’s green hydrogen projects it is involved in, H2 View understands.
Announced by the Spanish Industry Minister, Jordi Hereu, the subsidiary of French company Vinci is expected to use the funding to boost one of its green hydrogen initiatives.
The project, located in Castellón, is anticipated to focus on the production, storage, transportation and distribution of hydrogen to strengthen the supply chain.
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