TotalEnergies has acquired a 50% stake in the OranjeWind project, a 795 MW offshore wind farm in the Netherlands, from RWE. The company plans to use the renewable electricity generated to power electrolyzer projects producing 40,000 tons per year of green hydrogen for decarbonizing its Northern European refineries. This endeavor is expected to result in a significant reduction of approximately 400,000 tons of CO₂ emissions annually, aligning with TotalEnergies' target of reducing net greenhouse gas emissions from its oil and gas operations by 40% before 2030. The construction of the OranjeWind project is scheduled to commence in 2026, with full commissioning expected by early 2028. Besides contributing to emissions reduction, the project will also play a role in enhancing the stability of the Dutch electricity grid through the deployment of electric boilers and battery storage. This strategic investment underscores TotalEnergies' dedication to sustainable practices and its efforts to transition towards cleaner energy sources in support of the global energy transition.