The same day it cleared an ArcelorMittal SA (AMS:MT) <a href="https://renewablesnow.com/news/ec-clears-eur-55m-in-german-aid-for-arcelormittal-green-steel-demo-814907/" target="_blank">decarbonisation demo in Germany</a>, the European Commission (EC) also approved EUR 460 million (USD 493m) in state aid for the steel producer to implement a green hydrogen pilot in Spain.