Spain has allocated €46 million ($50 million USD) to support eleven manufacturers developing electrolysers and key components for green hydrogen production. This funding is part of a larger €300 million ($326 million USD) initiative aimed at advancing renewable energy and storage technologies.
The Ministry for Ecological Transition and Demographic Challenge (Mitceo) announced that this investment is a key step toward strengthening Spain’s green hydrogen supply chain, which plays a crucial role in the country’s renewable energy strategy.
These eleven hydrogen-related projects are included in a broader funding program, with a significant portion—nearly €200 million ($217 million USD)—going to SUNWAFE SL in Gijón. This project focuses on producing silicon ingots and wafers, essential for solar panel manufacturing, highlighting Spain’s commitment to expanding its photovoltaic production capacity.
The initiative is funded through NextGenEU under Spain’s Recovery Plan (PRTR), aiming to enhance innovation, local production, and industrial competitiveness in the renewable energy sector. While Spain already leads Europe in renewable manufacturing—producing 60% of solar and nearly 100% of domestic wind energy components—some critical gaps remain. This investment specifically targets reducing reliance on imported renewable energy technology.
“Spain must take this opportunity to strengthen its renewable technology supply chain to ensure energy security, improve competitiveness, and drive industrial decarbonization,” the ministry stated, emphasizing the importance of domestic production amid rising global investment in green technologies.
Beyond green hydrogen, the funding also supports other renewable sectors, including wind energy, solar power, battery storage, and heat pumps—ensuring Spain remains a leader in the global transition to sustainable energy.