{"id":67165,"date":"2026-08-07T11:51:06","date_gmt":"2026-08-07T11:51:06","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/67165\/"},"modified":"2026-08-07T11:51:06","modified_gmt":"2026-08-07T11:51:06","slug":"the-hydrogen-stream-over-1-billion-in-funds-for-projects-in-spain-the-netherlands","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/67165\/","title":{"rendered":"The Hydrogen Stream: Over $1 billion in funds for projects in Spain, the Netherlands"},"content":{"rendered":"<p>Spain\u2018s government has allocated \u20ac274.2 million ($316 million) through the Auctions-as-a-Service (AaaS) mechanism to support renewable hydrogen production at four projects in Castilla-La Mancha (two), Galicia and Arag\u00f3n. The projects have a combined electrolysis capacity of 102.27 MW. \u201cThe projects had been selected in the European Hydrogen Bank\u2019s third general auction (IF25), but were excluded from Brussels\u2019 funding because they exceeded the allocated EU budget. To salvage these projects, the Institute for Energy Diversification and Saving (IDAE), an agency under Miteco, launched the second national call for Auctions as a Service (AaaS) last May, with a maximum budget of \u20ac440.5 million funded by NextGenerationEU grants under the Recovery, Transformation and Resilience Plan (PRTR),\u201d <a href=\"https:\/\/www.miteco.gob.es\/es\/prensa\/ultimas-noticias\/2026\/agosto\/el-miteco-destina-233-millones-a-tres-nuevos-proyectos-para-prod.html\" data-type=\"link\" data-id=\"https:\/\/www.miteco.gob.es\/es\/prensa\/ultimas-noticias\/2026\/agosto\/el-miteco-destina-233-millones-a-tres-nuevos-proyectos-para-prod.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a> Spain\u2019s Ministry for the Ecological Transition and the Demographic Challenge (Miteco).<\/p>\n<p>Hydnum Steel has secured a \u20ac150 million ($172.9 million) investment commitment from the Co-investment Fund (Foco), managed by the public asset management company Cofides. \u201cThe transaction is part of a financial plan that will mobilise an overall investment of more than \u20ac1.5 billion. Of this figure, approximately \u20ac600 million corresponds to equity, whilst around \u20ac1 billion will be debt,\u201d <a href=\"https:\/\/hydnumsteel.com\/prensa\/hydnum-steel-secures-a-e150-million-investment-commitment-from-cofides-to-build-the-iberian-peninsulas-first-clean-steel-plant\/\" rel=\"nofollow noopener\" target=\"_blank\">said<\/a> the company, which is developing what it describes as the first green steel plant on the Iberian Peninsula. It added that it plans to begin earthworks and construction by the end of 2026. \u201cThe project has garnered significant interest from potential clients, having reached agreements that cover 100% of the production capacity demand for the first phase during its initial five years of operation.\u201d<\/p>\n<p>The European Commission has approved, under EU state aid rules, a \u20ac780 million ($899 million) Dutch scheme to support renewable hydrogen production. \u201cThe aid will be awarded through a competitive bidding process planned to be concluded by the first quarter of 2027. It will take the form of a direct grant combining an upfront investment grant of up to 80% of the investment costs with a variable premium over five to 10 years,\u201d <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/mex_26_1724\" rel=\"nofollow noopener\" target=\"_blank\">said<\/a> the European Commission. Beneficiaries must comply with the EU delegated acts on renewable hydrogen.<\/p>\n<p>The first hydrogen produced at the electrolysis plant in Lingen, Lower Saxony, has reached Marl in Germany\u2018s northern Ruhr region. \u201cAs part of the ongoing commissioning process for two 100 MW electrolysis plants operated by RWE in Lingen, initial quantities of renewable hydrogen are being produced in accordance with EU rules,\u201d the company <a href=\"https:\/\/www.rwe.com\/en\/press\/rwe-generation\/2026-08-04-get-h2-nukleus-gains-momentum\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a>, adding that the hydrogen is being transported through a pipeline network spanning around 120 km. Evonik\u2019s Marl Chemical Park will use the hydrogen in its industrial production processes. \u201cRWE is commissioning 200 MW of electrolysis capacity in Lingen by the end of 2026. From 2027, the entire plant is scheduled to operate at a capacity of 300 MW.\u201d<\/p>\n<p>Comtel and H2-Era Green Valley have signed a memorandum of understanding to develop what the two Italian companies described as the first data centre designed as an integral part of a zero-impact circular economy industrial ecosystem. The project will be built on a disused industrial site in Figline Valdarno, near Florence. \u201cA large solar farm will cover 100% of the data centre\u2019s energy requirements, ensuring it is entirely self-sufficient using clean energy sources; any surplus energy produced will power an electrolysis plant to generate green hydrogen; the oxygen produced by the electrolysis process will be used in a closed-loop fish farm dedicated to salmon production; the waste heat generated by the data centre will be recovered to provide heating and cooling for a vertical farm,\u201d said Comtel.<\/p>\n<p>Libya\u2018s National Green Hydrogen Strategy Committee has held a meeting to finalise the data and information required for the country\u2019s green hydrogen strategy, in coordination with relevant entities, while discussing mechanisms for using available expertise and technical support. \u201cThis aims to ensure the development of a comprehensive strategy that supports the investment of Libya\u2019s promising potential in this sector,\u201d <a href=\"https:\/\/lana.gov.ly\/post.php?lang=en&amp;id=362998\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a> the Libyan government.<\/p>\n","protected":false},"excerpt":{"rendered":"Spain\u2018s government has allocated \u20ac274.2 million ($316 million) through the Auctions-as-a-Service (AaaS) mechanism to support renewable hydrogen production&hellip;\n","protected":false},"author":2,"featured_media":67166,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1344,3802,1355,17],"class_list":["post-67165","post","type-post","status-publish","format-standard","has-post-thumbnail","category-spain","tag-energy-storage","tag-highlights","tag-hydrogen","tag-spain"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/67165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=67165"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/67165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/67166"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=67165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=67165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=67165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}