Spain has approved €1.22bn ($1.34bn) in funding for 2.3GW worth of green hydrogen hub projects in Aragon, Andalusia, Castilla y León and Galicia.
The Institute for the Diversification and Saving of Energy (IDAE) today (April 4) published the seven projects that would be funded by its H2 Valleys programme, which aims to bolster domestic production and use.
Madrid-headquartered solar firm RIC Energy secured €81.4m ($89.8m) for its 220MW Compostilla Green, SAF and hydrogen plant in Castilla y León, where it plans to produce green hydrogen which will be combined with CO2 captured from biomass operations to produce sustainable aviation fuels (SAF).
Naturgy and Enagás Renovable were granted €179.99m ($198.6m) for their 415.2MW Leon Green Hydrogen Valley which could supply hydrogen to Fertiberia.
HyBerus – led by public-private players from Aragón and Catalonia – aims to install 360MW of electrolysis to produce e-fuels. It received €138.6m ($152.9m).
Copenhagen Infrastructure Partners’ (CIP) 500MW Catalina project in Andorra and Aragón clinched €245m ($270m). Enagás Renovable, Naturgy, Fertiberia and Vestas are also said to be involved.
Ignis and Repsol grabbed €170.16m ($187.8m) for their 251MW A Coruña Hydrogen Valley in Galicia where they intend to produce hydrogen and derivatives like ammonia.
Moeve (formerly Cepsa), was granted the largest single award of €303.75m ($335m) for the first 400MW phase of its 2GW Andalusian Hydrogen Valley. In January, the oil and gas firm said it would take final investment decision (FID) on the phase “in a matter of months.”
Repsol, Enagás Renovable and Messer secured €104m ($114.8m) for the 150MW T-Hynet – Tarragona Hydrogen Network in Catalonia which expects to produce green hydrogen for local industrial and mobility consumers.
Spain has been attempting to position itself as one of Europe’s green hydrogen-producing powerhouses, with hopes of using its low-cost and abundant renewable energy resources to drive forward plans.
Last September the government unveiled plans to see green hydrogen meet 74% of its industrial hydrogen demand by 2030 and trebled its installed electrolyser capacity target to 12GW.
