TotalEnergies has partnered with RWE to acquire a 50% stake in the OranjeWind offshore wind farm in the Netherlands. The project aims to produce green hydrogen to decarbonize TotalEnergies' refineries in Northern Europe. This move is part of TotalEnergies' plan to cut CO2 emissions by 5 million tons per year by 2030 and reduce net greenhouse gas emissions by 40%. The OranjeWind project, located in the North Sea, will not only generate green power and hydrogen but also support the Dutch grid with electric boilers and battery storage. The construction is set to commence in 2026 with full commissioning expected by 2028. The collaboration between TotalEnergies and RWE is seen as a significant step towards achieving decarbonization goals and integrating offshore wind power with green hydrogen electrolyzers. RWE's commitment to invest 55 billion euros in offshore and onshore wind, solar energy, batteries, and hydrogen projects by 2030 is in line with their target to triple global offshore wind capacity to 10 GW. TotalEnergies' focus on expanding its renewable electricity generation capacity and achieving 100 TWh of net electricity production by 2030 is evident in their strategic partnership with RWE.