Spain grants €150m to boost Cobra’s green hydrogen project

Spain’s Industry Ministry has granted a €150 million ($165.6 million) subsidy to support a green hydrogen project by Cobra, a subsidiary of France’s Vinci. The announcement was made by Industry Minister Jordi Hereu on Tuesday.

The funding aims to advance Spain’s green energy goals by bolstering the development of sustainable hydrogen production, positioning the country as a leader in renewable energy innovation.