The Ministry for Ecological Transition and Demographic Challenge has specifically allocated 389.5 million euros to the Noon II and Odin initiatives, both promoted by the energy company in Huelva. This funding is part of the second national call for the auction-as-a-service (AaaS) mechanism, linked to the European Hydrogen Bank.

This public aid is crucial for rescuing both projects, which, despite having been pre-selected by Brussels in the third general auction of the European Hydrogen Bank, did not secure community funding due to the exhaustion of the available European budget.

The Odin project will receive the largest financial support, with 249.76 million euros allocated to the development of a 140-megawatt (MW) electrolysis facility. Meanwhile, Noon II will receive 139.8 million euros for the construction of another 80 MW plant.

Together, these two initiatives total an electrolysis capacity of 220 MW, representing the majority of the power awarded in this state call, which amounts to 250 MW between Andalusia and Castilla-La Mancha.

The Executive has mobilized a total of 440 million euros for this aid line through the Institute for Diversification and Energy Saving (IDAE), using funds from the Recovery, Transformation and Resilience Plan (PRTR). In addition to the Huelva projects, 50.2 million euros have been granted to the Quixotgen project in Villarrobledo (Albacete).

This decision underscores the strategic role that Huelva is acquiring in the industrial deployment of renewable hydrogen in Spain, attracting large investments in green molecules, sustainable fuels, and industrial decarbonization. The province has consolidated itself as a national hydrogen hub thanks to its energy infrastructure, logistical capacity, industrial fabric, and port access.