Topsoe reveals the final investment choice for the “biggest” electrolyzer plant in the world to be built in Herning, Denmark.
The plant has a 500MW annual manufacturing capacity with a 5GW expansion potential.
The factory is scheduled to begin construction in the second half of 2022, and it is anticipated to generate 170 jobs locally.
Roeland Baan, Topsoe chief executive, said: “The case for using electrolysis to produce green fuels is now well established, but manufacturing capacity has always been the challenge.”
“We are facing this challenge head on.”
“We are dedicated to taking the lead on scaling power-to-x technology to help drive the energy transition, and we are investing over DKK2bn (€0.26bn) to meet this demand and address this fundamental supply weakness.”
“This is the single biggest investment in the company’s history, clearly highlighting our commitment to driving the energy transition, and we hope this huge facility will act as a catalyst for new investment in the future.”
Sundus Cordelia Ramli, Topsoe’s Power-to-X division chief commercial officer, said: “There is a genuine trust in us and our cutting edge SOEC electrolyzer technology, built on years of technological excellence.”
“With this new state of the art manufacturing facility, we are taking power-to-x technology into a commercially competitive position, ultimately making the case for decarbonization unarguable.”
“We already have 500MW of pre-sold capacity and are in discussions with other potential offtake partners as well, who find our electrolyzer technology attractive, and look forward to being able to make more announcements in due course.”
The new facility will be the largest SOEC manufacturing plant in the world with a 500MW capacity annually.
Topsoe, Denmark, and the EU are all moving quickly toward a switch to renewable energy while lowering their reliance on fossil fuels.