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Home›Business & Finance›TotalEnergies buys into RWE’s Dutch offshore wind farm to produce green hydrogen
Business & Finance

July 24, 2024 · about 2 years ago

TotalEnergies buys into RWE’s Dutch offshore wind farm to produce green hydrogen

RWE and TotalEnergies have entered into an agreement under which TotalEnergies will acquire a 50% stake in RWE’s OranjeWind offshore wind farm in the Netherlands. TotalEnergies said it would use its share of the electricity from the 795 MW OranjeWind to produce green hydrogen. The new partners have

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TotalEnergies buys into RWE’s Dutch offshore wind farm to produce green hydrogen

The OranjeWind offshore wind farm at HKW Site VII is the first system integration project of this kind in the Netherlands, with the requirement for combining energy systems set by the Dutch government in the tender itself.

After being awarded the project site, the Germany-based developer announced that its first Dutch offshore wind farm would include green hydrogen production and floating solar, as well as other flexible demand solutions such as e-boilers and battery storage.

In a press release about its new joint venture with TotalEnergies, RWE said each partner would deliver their allocated part of system integration solutions, including electrolyzers, smart charging solutions for electric vehicles, e-boilers for heating, and battery storage.

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Within the newly created joint venture, RWE will lead the development, construction and operation of the OranjeWind offshore wind farm on behalf of the two partners.

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