TotalEnergies SE and L’Air Liquide SA have joined forces to develop two green hydrogen projects in the Netherlands, with a total investment of around 600 million euros. The main project involves a 250 MW electrolyzer near the Zeeland refinery, set to be operational by 2029, producing 30,000 tons of green hydrogen annually and reducing CO2 emissions by 300,000 tons per year. This initiative, fueled by the OranjeWind offshore wind farm, will also contribute to cutting CO2 emissions by 450,000 tons annually from refineries in Belgium and the Netherlands. Additionally, a tolling agreement has been signed for another project in Maasvlakte, aiming to produce 15,000 tons of green hydrogen annually for TotalEnergies' Antwerp platform, operational by late 2027 and cutting CO2 emissions by 150,000 tons per year. Vincent Stoquart, President of Refining & Chemicals at TotalEnergies, highlighted the significance of these partnerships in the company's decarbonization efforts by 2030. The article also mentions the stock market implications of these initiatives, offering exposure through specific ETFs, and notes TotalEnergies' positive premarket price action.