TotalEnergies SE, TE H2, and EREN Groupe have partnered with VERBUND to develop a green hydrogen project named H2 Notos in Tunisia for export to Central Europe. This project, powered by onshore wind and solar projects with desalinated sea water, aims to produce 200,000 tons of green hydrogen annually, with the potential to scale up to one million tons per year. The project will have access to the European market through the SoutH2 Corridor connecting North Africa to Italy, Austria, and Germany by 2030. Green hydrogen is seen as vital for decarbonization goals, with Europe relying on imports to meet energy transition targets. TotalEnergies is committed to reaching net-zero emissions by 2050 and expanding renewable energy generation significantly. The company plans to grow renewable capacity to 35 GW by 2025 and exceed 100 TWh of net electricity production by 2030. With the global rise in renewable capacity and the increasing share of renewable energy in electricity generation, companies like TotalEnergies, NextEra Energy, and Canadian Solar are well-positioned to benefit from the growing demand for clean energy. These companies are expected to see positive earnings growth and performance in the coming years.