The project aims to produce green hydrogen using renewable electricity from offshore wind off the coast of Netherlands of about 4 gigawatts by 2030, and 10+ gigawatts by 2040, kickstarting the hydrogen economy in Northwest Europe. NortH2 was launched in February 2020, with Shell, Groningen Seaports Gasunie and the province of Groningen. Equinor joins RWE as new partners to the project. The project will complete a feasibility study by 2021, with the aim to start project development activities in the second half of 2021.The project will have a capacity of 1 GW in 2027, 4 GW by 2030 and 10+ GW by 2040 for electrolysis. This equates to 0.4. million tonnes of green hydrogen production in 2030 and 1 million tonnes green hydrogen production by 2040. This can abate 8 to 10 million tonnes of CO2 emissions. This is equivalent to the yearly emissions from road traffic in Norway. The rapid growth in offshore wind is well suited to developing a green hydrogen value chain.NortH2 expands the energy transition agenda for Equinor by adding a significant green hydrogen value chain. This complements already existing renewable and low-carbon world-class projects like Dogger Bank (offshore wind), Northern Lights and H2H Saltend (Blue hydrogen).NortH2 sets a vision for 4 GW integrated offshore-wind-to-green-hydrogen value chain by 2030, and for 10+ GW by 2040. Through the parallel development of the required hydrogen infrastructure by repurposing existing natural gas infrastructure, the project could supply major Northwest European clusters.