TotalEnergies Partners With Air Liquide in Hydrogen Projects

MT Newswires Live
19 Feb

TotalEnergies (TTE) said Tuesday it signed agreements with Air Liquide to develop two projects in the Netherlands for the production of some 45,000 tons a year of green hydrogen.

The hydrogen will be produced using renewable power, generated from its OranjeWind offshore wind farm, it said.

The firm said it will set up a 50-50 joint venture to build a 250 MW electrolyzer near the Zeeland refinery, with commissioning expected in 2029 and an investment of around 600 million euros ($627 million).

In addition, TotalEnergies said it signed a tolling agreement for 130 MW for the production of 15,000 tons per year of green hydrogen for its platform in Antwerp as part of Air Liquide's electrolyzer project in Maasvlakte in the Netherlands.

Under this agreement, the company said it will supply the renewable electrons produced by the OranjeWind project to Air Liquide to be transformed into green hydrogen.

Price: 61.99, Change: +0.58, Percent Change: +0.94

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10