The Spanish government will invest €6.9bn in renewable technology over the next two years as it aims to attract a similar amount from private finance under its COVID-19 recovery plan.

Energy and Environment Minister Teresa Ribera unveiled the plan after a weekly cabinet meeting, and the total investment from private and public is targeted to raise €16.3bn for renewable energies, infrastructure, carbon capture and hydrogen production. Central to the plan is the use of solar to create green hydrogen, given the abundance of sunshine in the country.

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