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TotalEnergies Partners with RWE for Green Hydrogen Supply to Decarbonize Leuna Refinery

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TotalEnergies Partners with RWE for Green Hydrogen Supply to Decarbonize Leuna Refinery

An announcement from TotalEnergies SE ( (FR:TTE) ) is now available.

TotalEnergies has announced a significant agreement with RWE to supply 30,000 tons of green hydrogen annually to its Leuna refinery in Germany, starting in 2030. This initiative is part of TotalEnergies’ broader strategy to decarbonize its European refineries and reduce CO2 emissions by three million tons annually by 2030, marking a substantial step in its sustainability efforts and enhancing its industry positioning.

More about TotalEnergies SE

TotalEnergies is a global integrated energy company that produces and markets a variety of energies, including oil, biofuels, natural gas, green gases, renewables, and electricity. With over 100,000 employees, the company is committed to providing energy that is reliable, affordable, and sustainable, operating in about 120 countries worldwide.

YTD Price Performance: 7.80%

Average Trading Volume: 2,469,478

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €117.8B

Learn more about TTE stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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