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14 Oct
13:07

European Commission approves €220m Spain state aid for green H2 project

The European Commission has greenlighted Spain’s €220 million ($213.8m) state aid to Cobra Instalaciones y Servicios (COBRA) to support the production of renewable hydrogen in the country. The company, which isn’t involved in hydrogen development yet, had received approvals in July and September for two Important Projects of Common European Interest -- IPCEI Hy2Tech and IPCEI Hy2Use – in the hydrogen value chain. However, the EC says state …
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