Air Liquide (OTCPK:AIQUF) (OTCPK:AIQUY) said Friday it expects only two out of six previously awarded hydrogen projects for the U.S. Department of Energy may move forward after President Trump ended funding for clean energy projects.

TotalEnergies SE and Air Liquide SA plan a €600 million ($628 million) joint venture to produce green hydrogen for the French oil giant’s refinery in the Netherlands, along with a supply deal for its petrochemical plant in Belgium.

TotalEnergies has partnered Air Liquide to advance its 2030 goal of decarbonising the hydrogen used in its European refineries. The collaboration involves the development of two projects in the Netherlands that will produce 45,

France's Air Liquide identified two out of six previously awarded hydrogen projects for

TotalEnergies partners with Air Liquide to develop green hydrogen projects in the Netherlands, aiming to reduce CO2 emissions.