TotalEnergies has inked agreements with German renewable developer RWE to acquire a 50% stake in the OranjeWind offshore wind farm in the Netherlands. This partnership will see TotalEnergies utilizing its share of renewable electricity production to fuel 350 MW electrolyzer projects, generating around 40,000 tons of green hydrogen annually. The green hydrogen produced will be instrumental in decarbonizing TotalEnergies' refineries in Northern Europe, with a target to reduce CO2 emissions by 5 million tons per year by 2030. The OranjeWind project, located in the North Sea off the Dutch coast, won by RWE, will incorporate electrolyzers for hydrogen production, in addition to contributing to grid stability through electric boilers and battery storage. The wind farm's construction is set to commence in 2026, with operations expected to be fully online by early 2028. Executives from both TotalEnergies and RWE have expressed enthusiasm for this partnership, highlighting its significance in advancing the energy transition and supporting the Netherlands' decarbonization efforts.