23-04-2024
Topsoe announces plans for new US electrolyser factory for clean hydrogen
Topsoe, a global leader in carbon emission reduction technologies, announced plans to build a cutting-edge factory in Chesterfield, Virginia. The factory will manufacture advanced, energy efficient Solid Oxide Electrolyser Cells (SOEC) that are essential to the efficient production of clean hydrogen and derivatives like eAmmonia and eMethanol.
The decision by Topsoe to announce its plan for its largest investment in the US to date comes after the company received an allocation for nearly $136 million in federal Section 48C tax credits from the Inflation Reduction Act.
Subject to Final Investment Decision, this more than $400M investment is expected to create at least 150 direct jobs in Virginia and more than 1,000 indirect jobs through the value chain.
With a planned capacity of more than 1 GW, the factory's output of electrolyser stacks will enable an annual greenhouse gas emission avoidance of up to 2 million tonnes CO2e – the equivalent of avoiding the emissions from more than 400,000 gasoline-powered passenger vehicles driven for a year.
Electrolysers are key for decarbonising energy-intensive industries, like steel, mining, and long-distance transportation that account for approximately 30%1 of global greenhouse gas emissions, and where direct electrification is not a viable solution. Topsoe’s SOEC technology increases electrolyser efficiency up to 30% compared to other electrolysis technologies, and thereby produces more hydrogen per total power input.
Governor Glenn Youngkin said: “I am thrilled that Topsoe has chosen the great Commonwealth of Virginia for its new, state-of-the-art factory that will be key to scaling clean hydrogen production. Virginia’s robust workforce, strategic location, and top business climate provide the necessary tools for Topsoe to continue to grow as a leader in the clean energy industry."
US Senator Mark R. Warner said: “The Inflation Reduction Act represented a bold step towards maintaining American leadership in manufacturing, creating the next generation of clean energy jobs, and combatting climate change. I’m glad to see that vision executed in Chesterfield County with the announcement of a new Topsoe manufacturing facility. Thanks to tax credits from this landmark law, Virginia will continue to power our nation and lead the clean energy transition by creating good-paying manufacturing jobs across the Commonwealth.”
US Senator Tim Kaine said: “I’m thrilled that Topsoe will be setting up a state-of-the-art facility in Chesterfield County to help manufacture clean energy components. This wouldn’t have been possible without the investments we made in the Inflation Reduction Act, which I was proud to have helped pass in the Senate by one vote. I look forward to seeing how this project will boost economic growth, create jobs, and help us build a clean energy future.”
US Representative Jennifer McClellan said: “This new Topsoe facility in Chesterfield County will create hundreds of new jobs and stimulate millions of dollars in economic activity right here in Virginia’s Fourth. I will continue fighting with Senators Warner and Kaine to supercharge our transition to a clean-energy future and bring federal investments to our Commonwealth.”
Roeland Baan, CEO at Topsoe, said: “We are thrilled to announce our plans for a new state-of the art US facility that will manufacture Solid Oxide Electrolyser Cell stacks (SOEC), the key element to the world’s most efficient electrolyser technology for producing clean hydrogen. Through legislation like the Inflation Reduction Act and strong support from individual states such as Virginia, the US government is helping to accelerate the clean energy transition. With our strong dedication to innovation, we will help the US achieve its goals of driving down the cost of clean hydrogen and delivering clean energy jobs.”
Kim Hedegaard, CEO at Power-to-X at Topsoe, said: “We at Topsoe believe in a sustainable future created by science. With this new facility, we will help drive down the cost of clean hydrogen by employing our innovative SOEC technology which is up to 30% more efficient than competing technologies. Our factory will ensure the economic and environmental aspects of the hydrogen economy are felt in the decades to come.”
1. World Economic Forum
News Category:
-
Creating Value from Data: Maximizing performance in oil & gas with real-time analytics
(Webinar) - In an industry shaped by fluctuating market conditions and tight operational margins, oil & gas producers are increasingly relying on data-driven strategies ...
11-06-2025
-
Discover how waste can be transformed into valuable sustainable fuels and chemicals
(Webinar) - This session offers a detailed exploration of HTW® gasification technology, a proven solution for converting diverse feedstocks into clean syngas, which ...
05-06-2025
-
enfinium selects Isometric as preferred carbon registry for Parc Adfer carbon capture project
enfinium, one of the Europe’s largest energy from waste (EfW) operators, has today announced it has selected Isometric, the world’s leading carbon removal registry, ...
08-05-2025
-
Wärtsilä launches CCS to shipping market after world-first full-scale installation success
Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now commercially available to the global maritime industry, delivering ...
08-05-2025
-
Veolia partners with Star Energy to develop large scale geothermal projects to decarbonise energy
Europe’s decarbonising energy leader, Veolia has signed a memorandum of understanding with Star Energy, a company that is making significant strides in harnessing geothermal ...
08-05-2025
-
BASF announced today the signing of a Cooperation Agreement with Plug Power, a global leader in comprehensive solutions for the green hydrogen economy, positioning BASF’s ...
08-05-2025
-
Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply
Marubeni Corporation and Exxon Mobil Corporation have signed a long-term offtake agreement for approximately 250,000 tonnes of low-carbon ammonia per year ...
08-05-2025
-
BASF’s OASE blue supports CCAT in carbon capture and storage project at Taiwan power plant
BASF has signed a license agreement with Carbon Cap Applications Technology Co. (CCAT) to provide its OASE blue gas treatment technology for a carbon capture and ...
07-05-2025
-
Cetna energy commissions MAN Energy Solutions for methanation project
Cetna Energy, an alternative-energy development and operating company, has commissioned MAN Energy Solutions to deliver the detailed engineering for a methanation plant. ...
07-05-2025
-
BASF Intermediates division converts entire European amines portfolio to renewable electricity
BASF’s Intermediates division, one of the world’s largest amines producers, is taking the next step towards more sustainability by converting its entire European ...
07-05-2025