Denmark’s Topsoe plans to build an electolyzer factory in Chesterfield, Virginia.
The factory will manufacture advanced, energy efficient Solid Oxide Electrolyzer Cells (SOEC) that are essential to the efficient production of clean hydrogen and derivatives like eAmmonia and eMethanol, according to news release.
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 $136m 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 electrolyzer 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.
