EU opens €600m funding call for hydrogen, electricity and CCS infrastructure
3 April 2025
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7 April 2025Spain has taken a sweeping step toward dominating Europe’s green hydrogen economy, unleashing €1.22 billion [$1.34 billion USD] in funding for seven hydrogen hub megaprojects totaling 2.3GW across Aragon, Andalusia, Castilla y León, and Galicia. Announced on April 4 by the Institute for the Diversification and Saving of Energy (IDAE), the funding lands under the H2 Valleys programme, which aims to anchor large-scale domestic hydrogen production and industrial use.
At the same time, Spain is also moving upstream in the energy value chain, allocating another €297.3 million [$326.9 million USD] for 34 strategic manufacturing projects focused on electrolyser systems, wind and solar components, battery technologies, and heat pumps—a bold bid to fortify energy sovereignty and industrial competitiveness in the midst of global clean tech rivalry.
Among the funded hydrogen projects:
RIC Energy secured €81.4 million [$89.8 million USD] for its 220MW Compostilla project in Castilla y León, combining green hydrogen with captured biomass CO₂ to produce sustainable aviation fuels (SAF).
Naturgy and Enagás Renovable landed €179.99 million [$198.6 million USD] for the 415.2MW León Green Hydrogen Valley, with plans to supply hydrogen to Fertiberia.
HyBerus, a public-private consortium from Aragón and Catalonia, received €138.6 million [$152.9 million USD] to install 360MW of electrolysis capacity for e-fuels.
Copenhagen Infrastructure Partners (CIP) and partners including Vestas and Fertiberia grabbed €245 million [$270 million USD] for the 500MW Catalina project spanning Aragón and Andorra.
Ignis and Repsol obtained €170.16 million [$187.8 million USD] for a 251MW hydrogen and ammonia plant in Galicia’s A Coruña Hydrogen Valley.
Moeve (formerly Cepsa) scored the largest award, €303.75 million [$335 million USD], for Phase 1 (400MW) of the 2GW Andalusian Hydrogen Valley, with FID expected shortly.
Repsol, Enagás Renovable, and Messer earned €104 million [$114.8 million USD] for the 150MW T-Hynet network in Tarragona, designed to fuel local industrial and mobility sectors.
