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Spain may grant €440m to boost renewable hydrogen generation

( March 12, 2026, 11:25 GMT | Official Statement) -- MLex Summary: Spain has secured EU approval for a program worth €440 million to back the production of renewable hydrogen. The support will be carried out via the European Hydrogen Bank's Auctions-as-a-Service tool for the auction, which closed last month. The plan will contribute to decarbonizing the EU industry and boost its competitiveness, the European Commission said on Thursday, clearing the plan under state aid rules.Statement follows. ...

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